Heart failure is a leading cause of death and hospitalization worldwide, affecting over 23 million people. BioControl Medical's CardioFit System is an implantable medical device that uses electrical stimulation technology to treat heart failure, as well as other pelvic health applications. The company's mission is to provide doctors with an easy-to-use solution to improve the lives of patients suffering from heart failure and related conditions. Based in Yehud, Israel, with offices in New Hope, Minnesota, BioControl Medical is a leading manufacturer of medical implantable devices.