Edit

Torax Medical, Inc.

http://www.toraxmedical.com/

Last activity: 14.08.2019

Active - Reference to LINX® Reflux Management System

Mentions

Employees: 51-200

Total raised: $55M

Founded date: 2002

Investors 1

Date	Name	Website
-	Mayo Clini...	ventures.m...

Funding Rounds 2

Date	Series	Amount	Investors
04.08.2016	Series E	$25M	-
19.09.2012	Series D	$30M	-

Mentions in press and media 22

Date	Title	Description
14.08.2019	Can Highmark successfully commercialize the healthcare innovation process?	Pittsburgh-based integrated health system Highmark Health created its VITAL Innovation Program in 2015 to use the organization’s resources as a way to test FDA-approved technologies internally. VITAL is organized under the overarching Highm...
28.03.2017	Term Sheet — Tuesday, March 28	TRILLIONS SecNav: GV, venture the investment arm of Alphabet, has added four new advisors to its stable: Craig Kornblau, former president of Universal Studios Home Entertainment, Guillaume Le Cunff, president of Nespresso USA, Sanyin Siang,...
04.08.2016	Torax Medical, Inc. Raises $25 Million in Series E Funding and Welcomes New Chief Commercial Officer	-
04.08.2016	Torax Medical Raises $25M in Series E Funding	Torax Medical, Inc., a St. Paul, Minn.-based developer of products designed to treat sphincter disorders, completed a $25m Series E financing. The round was led by Johnson & Johnson Innovation – JJDC, Inc. with participation from existi...
27.05.2014	Study: 85% of patients stopped taking acid reflux meds after implantation of magnetic ring	“This is one of the largest reviews of safety for anti-reflux surgery ever published. It provides further clinical evidence that LINX is a safe, minimally invasive option for patients who are concerned about the progression of their reflux ...
20.09.2012	Torax Medical Completes $30M Series D Financing	Torax Medical, a St. Paul, Minnesota-based medical device company that develops and markets products designed to treat chronic diseases related to defective sphincter muscles, has completed a $30m Series D financing. The round was led by Pi...
19.09.2012	Acid reflux treatment company Torax Medical raises $30M in series D	Location: Shoreview, Minnesota. Solution/product: LINX Reflux Management System uses a small, flexible band of interlinked titanium beads wrapped around magnetic cores that is laparoscopically implanted around the esophageal sphincter. The ...
19.09.2012	Torax Medical raises $30M for acid reflux treatment devices	Torax Medical closed a $30 million Series D funding round in support of its acid reflux treatment products. The funds will go toward expanding commercialization of the St. Paul, Minn.-based medical device company’s sphincter augmentation sy...
19.09.2012	Torax Medical Raises $30M Series D	ST. PAUL, MN, Torax Medical announced today that it has completed a $30 million Series D round of financing led by Piper Jaffray Merchant Banking. >> Click here for more funding data on Torax Medical >> To export Torax Medic...
22.03.2012	Torax Medical receives FDA approval for device that treats acid reflux	FDA noted that the most common adverse effects associated with the device were difficulty swallowing, pain when swallowing food, chest pain, vomiting and nausea. It also warned that patients electing to undergo the procedure will no longer ...
13.01.2012	Acid reflux prevention device gets thumbs up from FDA panel	A spokeswoman with Torax declined to say when the company expects a premarket approval from the agency. She also declined to comment on how much money the company has raised. In July, Torax was seeking $8 million and a regulatory filing sho...
07.06.2011	Torax Medical raises $4 million in quest for $8 million	The company’s vice president of finance was traveling and Todd Berg, Torax’s co-founder, president and CEO, did not respond to an email request for an interview. Promoted Covid-19’s terrible toll on diabetes patients. What can be done? The ...
07.06.2011	Torax Medical raises $4 million in quest for $8 million	Torax Medical raised $4 million by issuing debt and is seeking another $4 million in funding, according to a recent regulatory filing. It appears that the Shoreview, Minn.-based company, which is focused on the minimally invasive treatment ...
07.04.2010	Torax Medical gets European OK for acid reflux disease device	The device has not yet been cleared for U.S. sales. In September, Torax completed patient enrollment in a “pivotal” clinical trial that could be the springboard for approval by the Food and Drug Administration, according to Mark Stultz, sen...
07.04.2010	Torax Medical wins CE Mark for GERD device	By Brandon Glenn Torax Medical Inc. won CE Mark approval in the European Union for an implantable device that treats patients suffering from acid-reflux disease. The company’s Linx device is intended for patients with gastro-esophageal refl...
-	Acid reflux treatment company Torax Medical raises $30M in series D	Acid reflux treatment company Torax Medical announced Wednesday that it has raised $30 million in a series D round. The company makes an implant that uses magnetized titanium beads to prevent stomach acid from making its way into the esopha...
-	Can Highmark successfully commercialize the healthcare innovation process?	Even if healthcare technology startups survive the venture capital valley of death, what may finish them off later is commercialization and the hurdles presented by reimbursement and slow adoption. One purchaser of health tech has devised a...
-	Torax Medical gets European OK for acid reflux disease device	Torax Medical Inc. has received regulatory approval from the European Union to sell an implantable device that treats patients suffering from acid reflux disease. The company’s Linx device is intended for patients with gastroesophageal refl...
-	Study: 85% of patients stopped taking acid reflux meds after implantation of magnetic ring	An innovative surgical procedure that uses magnets to control acid reflux disease is effective and has few side effects, a new study shows. The LINX Reflux Management System uses laparoscopic surgery to implant a magnetic ring that helps ti...
-	Torax Medical raises $4 million in quest for $8 million	Torax Medical, based in Shoreview, Minnesota, has raised $4 million by issuing debt and is seeking another $4 million in funding, according to a recent regulatory filing. It appears that the company, which is focused on the minimally invasi...
-	Torax Medical receives FDA approval for device that treats acid reflux	Two months after a regulatory panel recommended the approval of the Linx Reflux Management System, the U.S. Food and Drug Administration approved the minimally invasive device developed by Torax Medical of Shoreview, Minnesota to treat acid...
-	Acid reflux prevention device gets thumbs up from FDA panel	A minimally invasive acid reflux treatment may be on its way to the market. Torax Medical, a Minnesota company announced Friday that a U.S. Food and Drug Administration advisory panel has unanimously recommended the approval of its implanta...

Torax Medical, Inc.

Investors 1

Funding Rounds 2

Mentions in press and media 22

Reviews 0