- Acquired by BTG plc, May 2016
- Raised $52M funding round, Dec 2006
About
Galil Medical develops cryotherapy solutions that address patient conditions across multiple physician specialties. Its treatment areas include conditions affecting the kidneys, liver, lungs, prostate, and bones, as well as targeted pain and nerve applications. The companys technology is designed to ablate diseased tissue through freezing using a technique known as cryotherapy. The core technology is based on the Joule-Thomson effect, in which compressed gas causes significant, rapid temperature changes. Galil Medical cryotherapy systems use compressed argon gas to produce extremely low temperatures. As the gas passes through the cryoablation needle, the tip of the needle is cooled, forming an ice ball that engulfs the tumor and destroys the tissue. A variety of needle types are available to sculpt a freeze zone for the tumors specific size and shape. Galil Medical was bought by BTG plc in May 2016.
Funding history · 1 round · $52.0M total
Q&A
- What is Galil Medical's primary focus?
- Galil Medical develops cryotherapy solutions for cancer treatment, addressing conditions in kidneys, liver, lungs, prostate, bones, and for pain/nerve applications.
- When was Galil Medical founded?
- Galil Medical was founded in January 1997.
- What is the core technology behind Galil Medical's cryotherapy systems?
- Galil Medical's core technology is based on the Joule-Thomson effect, using compressed argon gas to create extremely low temperatures for tissue ablation.
- When and by whom was Galil Medical acquired?
- Galil Medical was acquired by BTG plc in May 2016.
- How much funding has Galil Medical raised in total?
- Galil Medical has raised a total of $52,000,000.
- Which investors participated in Galil Medical's last funding round?
- The last funding round in December 2006 included investors such as Investor Growth Capital and The Vertical Group.
- What is the employee count for Galil Medical?
- Galil Medical has 1-10 employees.
- Where is Galil Medical's headquarters located?
- Galil Medical's headquarters is located in Yokne'am Illit, Israel.
Sectors & technology
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| linkedin.com/company/15599437 | |
| YouTube | youtube.com/user/GalilMedical |
Identifiers & details
| Founded | 1997-1 |
|---|---|
| Employees (exact) | 4 |
| Offices | Saint Paul |
| Status reason | Acquired (Inactive) by BTG plc on May 2016 - closed due to acquisition |
Acquisitions & public offerings
Acquired by BTG plc 2016-05
Radar intelligence
Patents
| EPO | 47 |
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