BariaTek

BariaTek Medical is a clinical stage company dedicated to addressing obesity via minimally invasive endoscopic approaches. Obesity is one of the most debilitating pandemics affecting humanity: More than 2 billion people are overweight of which 1 billion suffer from obesity. People suffering from obesity tend to lead shorter, less healthy, lives. Treating overweight-related conditions (diabetes, hypertension, sleep apnea and others) is projected to cost G-20 nations on average 8.7% of their health budgets over the next three decades which is estimated by the United Nations to exceed $ 1.3 Trillion per year by this decade. Surgery works, it is the most effective approach to weight loss but it suffers from a low adoption rate due to safety issues, procedural complexity, and patient aversion. BariaTek Medicals first product, the BariTon, is a soft atraumatic implant (no metal, no sutures, no staples) that is implanted via a minimally invasive endoscopic approach and which is intend...