Channel Medsystems
Private Company
Total funding raised: $45M
Overview
Channel Medsystems, founded in 2003, is a commercial-stage medical device company addressing the significant unmet need in heavy menstrual bleeding (HMB), which affects 1 in 5 women. Its flagship product, the Cerene® Cryotherapy device, offers a quick, incision-free endometrial ablation performed in a physician's office without general anesthesia, supported by strong 3-year clinical data showing high efficacy and patient satisfaction. The company's mission is to empower women by providing a convenient, effective treatment that restores quality of life and control.
Technology Platform
Endometrial Cryoablation: A single-use device that delivers precise, uniform freezing to ablate the uterine lining in 2.5 minutes, performed in-office without general anesthesia or incisions.
Funding History
2Opportunities
Risk Factors
Competitive Landscape
Competes in the endometrial ablation market against established players like Boston Scientific (NovaSure), Medtronic (Her Option), and Hologic (Thermachoice). Key differentiators are Cerene's office-based procedure without anesthesia, short treatment time, and demonstrated preservation of hysteroscopic cavity access post-treatment.