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Triple Helix Discovery Engine
Venture Capital: Risk Capital_Angel, Venture, Sovereign Wealth Investor Companies & Organizations
Venture Capital: Massachusetts
Morgenthaler Ventures
Finance & Acquisitions: Morgenthaler
*Portfolio Companies: Morgenthaler
Satiety, Inc
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*Portfolio Companies: Morgenthaler
2010: Wall Street Journal:Next Big Thing List (2010)
Architects: Obesity
Architects: Surgical Technology_Minimally Invasive & Natural Orifice Transluminal Endoscopic Surgery (NOTES) Technology
Industry: Northern California & Silicon Valley
Industry: Palo Alto, California
Children
CEO Eric Reuter
Far along in both the clinical and regulatory processes (2010)
Founded 2008
Founders: Thomas Fogarty (left), Roger de la Torre, Hanson Gifford and Alan Will, Satiety, Inc
In this procedure, the TOGA System devices are inserted transorally (through the mouth) and are used to reduce the capacity of the stomach to give patients a feeling of fullness after a small meal.
Palo Alto, California
Satiety has developed the “TOGA System,” which involves stapling the tissue at the top of the stomach to create a “sleeve” that restricts the stomach’s size.
Satiety has raised about $90 million over the last 10 years and plans to seek commercialization approval by the end of the year from the FDA
Satiety, Inc:Venture Investors
SATIETY, INC. COMPLETES $30 MILLION SERIES D FINANCING (2007)
Satiety, Inc. is a medical device company focused on the development of less invasive devices for the treatment of obesity.
Satiety’s first product, the TOGA® System, enables physicians to perform a procedure similar to traditional restrictive obesity surgeries, but without surgical incisions.
Technology for endoscopists and gastrointestinal surgeons for the treatment of obesity
The device could hit the market sometime 2011
The procedure is intended to be safer and easier for patients to tolerate than conventional obesity surgery.
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Abbott Laboratories (NYSE:ABT)
IntraPace, Inc-TEDCO