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2470 Embarcadero Way Palo Alto, CA 94303 phone:(650) 320-2100 fax:650-320-2150
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| Symbol |
Private |
| Founded |
2001 |
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| www.satietyinc.com
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| Research Sector |
Medical Devices & Tech |
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| Summary Description |
| Minimally Invasive Treatments for Obesity and Gastrointestinal Conditions |
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| Management |
| Eric Reuter, President, CEO and Director; Allan Abati, Ph.D., Vice president of Regulatory and Clinical Affairs and Quality Assurance; Rachel Croft, Vice President of Marketing; Robert Gaffney, Vice President of Operations; John Gaiser, Vice President of Research and Development |
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| Keywords |
| Obesity, Weight Loss, Restriction |
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| Description |
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Satiety provides a non-surgical, endoscopic and fully transoral procedure enabling similar degrees of weight loss as compared to more invasive restrictive surgeries. |
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| Technology / Differentiation |
| Company is working on an orally administered device that grabs the stomach walls and staples them to form a smaller pouch. |
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| Market / Customers |
More than 220,000 patients had surgery for obesity in 2008, with most of these undergoing gastric bypass and gastric banding procedures.
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| Status |
| The company is conducting clinical trials (in which patients have lost a reported 40% of excess weight) and anticipates FDA approval of its product within the next 18-24 months. |
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