ReShape Medical

ReShape Medical, a subsidiary of ReShape Lifesciences Inc., is a medical device company based in San Clemente, California, that specializes in non-surgical weight loss solutions for individuals with mild to moderate obesity (BMI 30-40). The company offers the ReShape procedure, which utilizes dual intragastric balloons in conjunction with a personalized one-year weight loss program. This system is designed to support patients who have previously struggled to lose weight through diet and exercise alone. The balloons are inserted endoscopically into the stomach, where they are filled with saline and remain for six months, aiding in weight loss by promoting a feeling of fullness. ReShape Medical also emphasizes the importance of medical supervision and behavior modification in conjunction with its treatment to optimize results. The company was founded in 2005 and underwent a name change from Abdominis, Inc. to ReShape Medical Inc. in 2017.

Daniel Cohen

Senior Vice President

Andrew Cragg

Founder

Jeani Delagardelle

Director

1 past transactions

Obalon Therapeutics

Acquisition in 2021
Obalon Therapeutics, Inc. is a medical device company headquartered in Carlsbad, California, specializing in the development and commercialization of innovative devices for obesity treatment. The company is known for its Obalon Balloon System, which features a swallowable capsule containing an inflatable balloon that aids in weight loss for individuals with obesity. This system includes the Obalon Navigation System, a console that uses hardware and software to track the balloon's placement, and the Obalon Touch Inflation Dispenser, a semi-automated device for inflating the balloon after placement. Additionally, it provides a disposable canister filled with gas for inflation. Founded in 2008, Obalon has established itself as a leader in gastric balloon technology, emphasizing collaboration with clinicians to enhance treatment outcomes while prioritizing safety and performance. As of early 2020, the company operated three retail treatment centers in California.
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