Follow the Money to Medical Devices & Diagnostics
Spotlight on SetPoint Medical Corp.

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Follow the Money to Medical Device & Diagnostic Opportunities highlights a newly funded medical device or diagnostic company. This includes important insights into the featured company’s product pipeline, manufacturing and business relationships, and likely sourcing opportunities.

SetPoint Medical is a US private company that focuses on implantable neuromodulation devices to treat inflammatory diseases such as Crohn’s disease and rheumatoid arthritis. It raised $30 million in the completion of a venture capital investment as reported in the PharmSource Lead Sheet on August 31, 2017.

Corporate Highlights

  • SetPoint Medical was founded in 2006
  • Corporate Headquarters: Santa Clarita, CA

Sourcing Opportunities

  • SetPoint Medical plans to use the proceeds to support the clinical development of its Bioelectronic therapy implant for the treatment of chronic, debilitating inflammatory diseases.

Device: Bioelectronic therapy implant
Development Phase: Pilot studies
Medical Specialty: Immunology/Autoimmunity
Purpose: Device – Therapeutic/Interventional
Type: Implant – Other; Electrode/Stimulator
Description: A bioelectronic implant that activates the body’s natural inflammatory reflex to produce a systemic anti-inflammatory effect for the treatment of rheumatoid arthritis.

Previous Financings:

  • March 2017: An undisclosed amount in a completed venture capital investment
  • September 2015: $15 million in a completed venture capital investment

Medical Device & Diagnostics Pipeline1

Product Candidate Indication Medical Specialty Purpose Type Status
Bioelectronic therapy implant Rheumatoid arthritis Immunology/
Autoimmunity
Device – Therapeutic/
Interventional
Implant – Other;
Electrode/Stimulator
Pilot studies

1Source: PharmSource Lead Sheet

Contact Information

SetPoint Medical Corp. Key Officers
25101 Rye Canyon Loop Anthony Arnold, CEO
Santa Clarita, CA, 91355 USA Kevin Wilkin, Director, Quality
Phone: +1-661-750-6140 David Chernoff, MD, CMO
Web: https://setpointmedical.com/ Lusin Markaryan, VP, Regulatory Affairs

 

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Scotty is a Research Analyst at PharmSource. He holds a BS degree in Biology from George Mason University and an MPH degree from Eastern Virginia Medical School. He’s experienced in data collection, analysis and management, and has done laboratory analysis and safety program development.

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