BARRX Medical

BARRX Medical

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Overview

BÂRRX Medical, Inc. develops endoscopic treatment solutions for Barrett's esophagus and other chronic gastroenterological diseases. Barrett's is a precancerous condition of the lining of the esophagus (swallowing tube) caused by gastroesophageal reflux disease, or GERD. The company's HALOFLEX, HALO360 and HALO90 ablation systems are designed to provide a uniform and controlled ablation effect, in order to remove diseased tissue and allow re-growth of normal cells.

A multi-center randomized, sham-controlled study, published in the New England Journal of Medicine in 2009, studied HALO radiofrequency ablation applied in the highest risk Barrett's population (those having dysplasia). The ablation group had a high rate of complete eradication of dysplasia and intestinal metaplasia and a significantly decreased rate of disease progression and cancer development, as compared to the control group. In another study (AIM-II) published in Gastrointestinal Endoscopy, 98.4% of treated patients were Barrett's-free after two and a half years of follow-up.

The HALO systems are cleared by the FDA for use in the United States and each have CE Mark for use in Europe. More than 58,000 procedures have been performed in over 400 hospitals around the world. Based in Sunnyvale, Calif., BÂRRX Medical, Inc. was founded in 2000 and is privately-held.

About

Industries

Health Care, Medical, Health Diagnostics

Founded

2001

Employees

51-100

Headquarters locations

United States, North America

Social

N/A

Profile Resume

BARRX Medical headquartered in United States, North America, operates in the Health Care, Medical, Health Diagnostics sector. The company focuses on Health Care and has secured $1.5B in funding across 36 round(s). With a team of 51-100 employees, BARRX Medical is actively contributing to advancements in Health Care. Their latest funding round, Series D - BARRX Medical, raised $15.0M. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace Roger Stern

Roger Stern

Co-Founder and Director

Funding Rounds

Funding rounds

3

Investors

6

Lead Investors

0

Total Funding Amount

$42.8M

Details

3

BARRX Medical has raised a total of $42.8M in funding over 3 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2003Early Stage Venture
2006Late Stage Venture27.8M
2010Late Stage Venture15.0M

Investors

BARRX Medical is funded by 8 investors.

Investor NameLead InvestorFunding RoundPartners
Frazier Healthcare Partners-FUNDING ROUND - Frazier Healthcare Partners27.8M
Sutter Hill Ventures-FUNDING ROUND - Sutter Hill Ventures27.8M
BARRX Medical-FUNDING ROUND - BARRX Medical27.8M
Hercules Capital-FUNDING ROUND - Hercules Capital27.8M

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