Comphya, a leader in medical technology, has successfully closed the first tranche of its Series A1 funding round, raising CHF 4.35 million. The funding, consisting of a mix of convertible loans and newly raised equity, will help further develop CaverSTIM, the world's first implantable neuromodulator for erectile dysfunction. Clinical trials are already underway in Australia, Brazil, and the United States, and the funds will help continue advancing this innovative treatment, which has shown encouraging results.
Comphya, a leader in medical technology, has raised CHF 4.35 million in the first tranche of its Series A1 funding round. The amount, which combines converted convertible loans and fresh equity, will help strengthen the company's financial position and support the ongoing clinical trials for CaverSTIM, a novel implantable neuromodulator designed to treat erectile dysfunction. The trials, already taking place in Australia, Brazil, and the United States, have delivered promising results.Comphya SA: First neurostimulator to treat erectile dysfunction
We are developing an active implantable medical device, named CaverSTIM, to restore the erectile function of post-prostatectomy patients or others non-responsive to oral drugs (e.g. Viagra or Cialis).... Read more