Market Capitalization (Millions $) |
0 |
Shares
Outstanding (Millions) |
0 |
Employees |
137 |
Revenues (TTM) (Millions $) |
32 |
Net Income (TTM) (Millions $) |
-26 |
Cash Flow (TTM) (Millions $) |
-23 |
Capital Exp. (TTM) (Millions $) |
1 |
Allurion Technologies Inc
Allurion Technologies Inc is a medical device company that specializes in developing weight loss solutions. The company has created a non-surgical, swallowable gastric balloon known as the Elipse' Balloon, which is designed to help individuals lose weight by reducing their caloric intake and promoting early satiety.
The Elipse Balloon is ingested orally in a capsule form and then inflated within the stomach using a small tube attached to a balloon filling device. The procedure takes only a few minutes and does not require endoscopy or anesthesia.
Once in the stomach, the balloon occupies space, making the person feel fuller faster and restricting the amount of food that can be consumed. The device stays in the stomach for approximately four months, after which it is naturally expelled from the body.
Allurion Technologies aims to provide a safe and effective weight loss solution for individuals who are struggling with obesity or being overweight. Their approach offers a non-invasive alternative to surgical procedures like gastric bypass, making it a more appealing option for many patients.
The company is committed to conducting clinical studies, research, and development to improve the performance, safety, and efficacy of their gastric balloon technology. They work closely with healthcare professionals to ensure that their weight loss solutions are both effective and reliable.
Allurion Technologies has received recognition and approval from various regulatory bodies around the world for their innovative approach to weight loss. Their mission is to help people achieve sustainable weight loss and improve their quality of life.
Company Address: 11 Huron Drive Natick 1760 MA
Company Phone Number: 647-4000 Stock Exchange / Ticker: NYSE ALUR
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