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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
Health Care, Medical, Health Diagnostics
2001
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.
Funding Rounds
3
6
0
$42.8M
Details
3
BARRX Medical has raised a total of $42.8M in funding over 3 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2003 | Early Stage Venture | |||
2006 | Late Stage Venture | 27.8M | ||
2010 | Late Stage Venture | 15.0M |
Investors
BARRX Medical is funded by 8 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Frazier Healthcare Partners | - | FUNDING ROUND - Frazier Healthcare Partners | 27.8M |
Sutter Hill Ventures | - | FUNDING ROUND - Sutter Hill Ventures | 27.8M |
BARRX Medical | - | FUNDING ROUND - BARRX Medical | 27.8M |
Hercules Capital | - | FUNDING ROUND - Hercules Capital | 27.8M |
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