Stomach stapler for the obese gets $30 million

With TOGa, doctors can staple your stomach without cutting you open.

Toga...toga.

If you hear someone chanting that in a hospital, they probably aren't repeating dialogue from Animal House. They are asking for the latest in obesity technology.

Satiety, which has created the TOGa procedure for stapling a stomach without surgery, has raised $30 million in a fourth round of funding. Investors included Skyline Ventures, HLM Venture Partners and Venrock.

"We have been watching the obesity device space for a number of years and finally found an investment that we found compelling," said John Freund of Skyline in a prepared statement.

The TOGa procedure is intended to be far less invasive than current techniques for stomach stapling, which help curb appetites by reducing the size of a person's stomach. With TOGa, a device is slipped down a patient's throat, thereby reducing the recovery time and potential for complications. Surveys show that surgery prompts many patients to decline to undergo full treatment.

Approximately 22 million adults in the U.S. are considered morbidly obese, according to Satiety, and another 50 million are obese, making obesity a major health concern.

TOGa is in the investigation stage and hasn't been approved yet for actual use yet.

Tags:
Tech Culture
About the author

    Michael Kanellos is editor at large at CNET News.com, where he covers hardware, research and development, start-ups and the tech industry overseas.

     

    Discuss Stomach stapler for the obese gets $30 million

    Conversation powered by Livefyre

    Show Comments Hide Comments
    Latest Galleries from CNET
    Huawei MediaPad X2
    ZTE Grand S3 wants you to look at it for unlocking (pictures)
    Huawei Talkband N1
    Up close with Huawei's bling-sprinkled TalkBand B2 (pictures)
    Cheap and cheerful Huawei Y360 circles back (pictures)
    Huawei Y635 for affordable 4G LTE in a 5-inch form (pictures)