Last deal

$10.M

Amount

Venture - Series Unknown

Stage

24.09.2012

Date

4

all rounds

$60.1M

Total amount

General

About Company
Apnex Medical develops implantable devices for treating sleep apnea.

Industry

Sector :

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founded date

01.01.2006

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Apnex Medical is a spin-out company of Prospex Medical, Inc., focused on developing active implantable medical devices to treat obstructive sleep apnea (OSA). Their devices use hypoglossal nerve stimulation therapy to activate upper airway muscles and prevent blockage during sleep, reducing apnoeic episodes. Although the company closed down in 2013 due to disappointing clinical trial results, they continue to work towards improving the health of individuals with sleep disordered breathing. Sleep apnea is a disorder associated with significant long-term health problems.
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