Details

Last Funding Type

Series D

Last Funding Money Raised

$30M

Industries

Health Care,Medical Device,Neuroscience

Founded date

Jan 1, 2004

Number Of Employee

51 - 100

Operating Status

Close

Spinal Modulation, Inc. provides medical devices research and development services. The company is based in Menlo Park, California.

According to the 2002 Health Assessment on the Prevalence of Chronic Pain, severe chronic pain, as defined by the International Association for the Study of Pain, is prevalent in 10 to 13% of the adult population. Limited treatment options exist for these patients and the burden to the healthcare system is unsustainable.

The Spinal Modulation AxiumTM Neurostimulator System is a next-generation intraspinal neuromodulation therapy that stimulates the dorsal root ganglion (DRG) to provide a new pain management option. It has shown promising results in managing chronic intractable leg pain, as well as difficult-to-target anatomies such as the back and foot.

By stimulating the DRG, therapy can be adjusted to cover either broad or specific areas of pain throughout the torso and legs, while limiting uncomfortable postural effects typically experienced with other spinal cord stimulators.