Craft

ReShape Lifesciences

Stock Price

$5.9

2024-10-29

Market Capitalization

$3 M

2024-10-29

Revenue

$11.3 M

FY, 2020

ReShape Lifesciences Summary

Company Summary

Overview
ReShape Lifesciences, a medical device company, focuses on the design and development of devices that use neuroblocking technology to treat obesity, metabolic diseases, and other gastrointestinal disorders. Its proprietary neuroblocking technology, vBloc Therapy is designed to intermittently block the vagus nerve using electrical impulses. The Company develops the vBloc System, which is used to limit the expansion of the stomach, control hunger sensations between meals, reduce the frequency and intensity of stomach contractions, and produce a feeling of early and prolonged fullness.
Type
Public
Status
Active
Founded
2002
HQ
San Clemente, CA, US | view all locations
Website
https://www.reshapelifesciences.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Dan Gladney, Board Member

    • Barton P. Bandy

      Barton P. Bandy, President, Chief Executive Officer and Director

    • Raj Nihalani

      Raj Nihalani, Chief Technology Officer & Business Development

    • Kevin Condrin

      Kevin Condrin, Senior Vice President, Commercial

    LocationsView all

    2 locations detected

    • San Clemente, CA HQ

      United States

      1001 Calle Amanecer

    • San Clemente, CA

      United States

      100 Calle Iglesia

    ReShape Lifesciences Financials

    Summary Financials

    Revenue (Q1, 2021)
    $3.2M
    Gross profit (Q1, 2021)
    $2.3M
    Net income (Q1, 2021)
    ($4.9M)
    Cash (Q1, 2021)
    $896.0K
    EBIT (Q1, 2021)
    ($2.3M)
    Enterprise value
    $15.8M

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