Saluda Medical
Founded Year
2011Stage
Series G | AliveTotal Raised
$402.65MLast Raised
$150M | 1 yr agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-45 points in the past 30 days
About Saluda Medical
Saluda Medical develops a platform of closed-loop neuromodulation technologies, based on the neural response to stimulation. The company produced spinal cord stimulation (SCS) systems. It provides optimized therapy for chronic intractable pain management. Saluda Medical primarily serves the healthcare industry. It was founded in 2011 and is based in Artarmon, Australia.
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Research containing Saluda Medical
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Saluda Medical in 2 CB Insights research briefs, most recently on Jul 26, 2023.
Jul 26, 2023 report
State of Digital Health Q2’23 ReportExpert Collections containing Saluda Medical
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Saluda Medical is included in 1 Expert Collection, including Digital Health.
Digital Health
11,066 items
The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.
Saluda Medical Patents
Saluda Medical has filed 122 patents.
The 3 most popular patent topics include:
- neurophysiology
- implants (medicine)
- neurotechnology
Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
8/8/2022 | 8/20/2024 | Neurophysiology, Neurotechnology, Implants (medicine), Ion channels, Electrophysiology | Grant |
Application Date | 8/8/2022 |
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Grant Date | 8/20/2024 |
Title | |
Related Topics | Neurophysiology, Neurotechnology, Implants (medicine), Ion channels, Electrophysiology |
Status | Grant |
Latest Saluda Medical News
Jul 18, 2024
News provided by Share this article Share toX ASPN Top Abstract awarded for analysis demonstrating benefits associated with the Evoke® System's utilization of objective measurements to achieve maximum analgesic effect for SCS Separate analysis suggests 98% positive predictive value of long-term SCS therapy success on day zero of trial period MINNEAPOLIS, July 18, 2024 /PRNewswire/ -- Saluda Medical, Inc., a commercial-stage medical device company focused on developing treatments for chronic neurological conditions driven by a novel closed-loop, dose-control neuromodulation platform, today announced the recent presentations of two abstracts analyzing biomarker-based spinal cord stimulation (SCS) data at the American Society of Pain and Neuroscience (ASPN) 2024 Annual Conference, held July 11-14, 2024, in Miami, FL. The abstracts, which were among 10 total abstracts with Saluda Medical clinical data presented at ASPN, relied on evidence from patients treated with the Evoke System in clinical studies. Key takeaways from these two abstracts demonstrate the significance of objective neurophysiological measurements in SCS with evoked compound action potential (ECAP) dose-controlled closed-loop therapy. Key Abstracts Presented: "Maximal Analgesic Effect Attained by the Use of Objective Neurophysiological Measurements with ECAP Dose-Controlled Closed-Loop SCS": Authored by Dr. Robert Levy, MD, PhD, and based on a paper accepted for recent publication in the journal Neuromodulation, this abstract was awarded "Top Abstract" out of more than 300 clinical abstracts, and was also featured as an oral presentation; the abstract sought to characterize the biomarker-based dose-response relationship that produced a patient's maximal analgesic effect. The analysis showed a statistically significant relationship between usage over ECAP threshold, ECAP dose and pain relief across the patient population. In addition, the analysis demonstrated that the clinical benefit observed in the trial period was reproduced following permanent implantation when the neurophysiological metrics remained consistent. "Identifying SCS Trial Responders Immediately after Postoperative Programming with ECAP Dose-Controlled Closed-Loop Therapy": Authored by Dr. Jason Pope, MD and based on the recent published paper by Pope, Antony, Petersen, et al., this abstract was also featured in an oral presentation; the abstract sought to analyze the benefits of closed-loop, dose-control SCS as it relates to trial outcomes and the predictability of long-term success. The analysis compared neurophysiological and certain patient reported metrics between the day of the trial procedure, or day 0, and the end of the trial. Success criteria included confirmation of neural activation and dose-controlled closed-loop therapy, patient reported pain relief, functional improvement and willingness to proceed. The analysis measured patients who passed all success criteria on day 0 and demonstrated that these success criteria had a 98% positive predictive value for being responsive to therapy at the end of the trial period. "Saluda's scientific presence at this year's ASPN conference is reflective of our commitment to elevate SCS therapy with best-in-class clinical evidence grounded in real world data and our double-blinded EVOKE RCT, and we sincerely thank our clinical investigators and their patients," said Jim Schuermann, President and CEO of Saluda Medical. "These two abstracts, highlighting biomarker-based measurements, in particular are significant to the field of SCS. We believe that the Evoke System's ability to objectively measure and respond to these neurophysiological metrics allows it to improve the reliability and reproducibility of patient outcomes from the trial period through the long-term follow-up." About Saluda Medical Saluda Medical is a commercial-stage medical device company focused on developing treatments for chronic neurological conditions driven by a novel neuromodulation platform. The Company's closed-loop, dose-control platform is designed to sense and measure neural responses to stimulation and automatically adjust therapy based on real-time neurophysiological feedback. The Company's first product, the Evoke® System, is indicated as an aid in the management of chronic intractable pain of the trunk and/or limbs, including unilateral or bilateral pain associated with failed back surgery syndrome, intractable low back pain, and leg pain, and is designed to treat chronic neuropathic pain and can sense and measure neural activation to optimize and adjust therapy in real time with every stimulation pulse, up to 250 times per second. 12-month results from the EVOKE study, the first double-blind randomized controlled trial (RCT) used in support of Premarket Approval (PMA) in spinal cord stimulation history, were published in The Lancet Neurology, 24-month results have been published in JAMA Neurology, and unprecedented 36-month data, demonstrating enduring and consistent pain relief results were published in Regional Anesthesia and Pain Medicine. To learn more, including risks & important safety information, visit www.saludamedical.com/us/safety/ . Saluda and Evoke are registered trademarks owned by Saluda Medical Pty Ltd. Investor Contact:
Saluda Medical Frequently Asked Questions (FAQ)
When was Saluda Medical founded?
Saluda Medical was founded in 2011.
Where is Saluda Medical's headquarters?
Saluda Medical's headquarters is located at 407 Pacific Highway , Artarmon.
What is Saluda Medical's latest funding round?
Saluda Medical's latest funding round is Series G.
How much did Saluda Medical raise?
Saluda Medical raised a total of $402.65M.
Who are the investors of Saluda Medical?
Investors of Saluda Medical include Redmile Group, Action Potential Venture Capital, Fidelity Investments, Wellington Management, TPG and 7 more.
Who are Saluda Medical's competitors?
Competitors of Saluda Medical include Nevro.
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Compare Saluda Medical to Competitors
Micron Medical specializes in minimally invasive medical devices for pain management and neuromodulation. The company offers products like the MiniStim PNS System, which provides non-drug pain therapy through wireless neurostimulation technology. These devices are designed to treat chronic pain in various parts of the body, including the knee, hip, and SI joint, and are used in clinical studies to explore treatment options for conditions like Diabetic Peripheral Neuropathy. Micron Medical was formerly known as StimGuard. It was founded in 2019 and is based in Boca Raton, Florida.
SPR Therapeutics specializes in pain management solutions within the medical device industry. The company offers the SPRINT PNS System, a non-permanent, minimally invasive treatment designed to provide long-term relief from chronic and acute pain through peripheral nerve stimulation. It primarily serves the healthcare sector, offering solutions to both physicians and patients dealing with pain management. It was founded in 2010 and is based in Beachwood, Ohio.
Mainstay Medical focuses on the medical device industry, specifically in the area of restorative neurostimulation. The company's primary product is a restorative therapy device that stimulates the nerves of the muscle responsible for stabilizing the lumbar spine, aiming to interrupt the cycle of low back pain, degeneration, and loss of function. Mainstay Medical primarily serves the healthcare sector, particularly patients suffering from chronic low back pain. It was founded in 2008 and is based in San Diego, California.
Nalu Medical operates as a medical device company that operates in the healthcare sector. The company offers a neurostimulation system, a battery-free, micro-implantable device that is used to manage chronic pain by using electrical impulses to interrupt pain signals before they reach the brain. The company primarily serves the healthcare industry. It was founded in 2014 and is based in Carlsbad, California.
ReFlow Medical is a privately held company that focuses on the development of technologies for the treatment of cardiovascular disease, operating in the healthcare and medical technology sector. The company's main offerings include the creation of medical devices that facilitate procedures used for treating cardiovascular disease, designed to be compatible with a variety of guidewires and techniques. These devices are developed in collaboration with physicians to address unmet clinical needs. It is based in San Clemente, California.
NeuroSigma operates as a bioelectronics company focused on developing medical devices for neurological and neuropsychiatric disorders. Its main product, the Monarch eTNS System, is a non-invasive device designed to treat pediatric Attention Deficit Hyperactivity Disorder (ADHD) through external trigeminal nerve stimulation. It is primarily used in the home setting under caregiver supervision during sleep. It was founded in 2008 and is based in Los Angeles, California.
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