Allevetix Medical
Noninvasive Treatment for Type-2 Diabetes and Obesity
Company Overview
Snapshot
Founded in January 2017, Allevetix Medical is a medical technology company with 1–10 employees. The company has secured $4.42 million across two funding rounds. In August 2025, Allevetix Medical ceased operations.
Business overview
Allevetix Medical develops innovative medical technology for treating metabolic diseases such as type 2 diabetes, obesity, and nonalcoholic steatohepatitis. Its core product, the NobiX System, is a nonsurgical, fully reversible, and natural treatment designed to mimic the effects of gastric bypass surgery without permanent anatomical changes. The system utilizes a noninvasive implant to prevent food contact with a section of the small intestine linked to hormone abnormality in metabolic diseases. Allevetix Medical operates in the Health Tech & Life Sciences sector, specifically within Medical Devices and Medical Treatment & Therapeutics, serving healthcare providers globally.
Strategic signal
Allevetix Medical ceased operations in August 2025, indicating a significant and definitive end to its business activities. This event signals to investors and innovation teams that the company's development of noninvasive treatments for type 2 diabetes and obesity has concluded, and any potential for future commercialization or impact from its NobiX System has been halted.
Log in to access full profile ›Company Intelligence Q&A
- What is the primary focus of Allevetix Medical?
- Allevetix Medical focuses on developing innovative medical technology for the noninvasive treatment of metabolic diseases, including type 2 diabetes, obesity, and nonalcoholic steatohepatitis.
- What is the NobiX System?
- The NobiX System is Allevetix Medical's core product, a nonsurgical, fully reversible, and natural treatment designed to mimic the effects of gastric bypass surgery without requiring cuts, ablations, or permanent changes to a patient's anatomy.
- What is the current operational status of Allevetix Medical?
- Allevetix Medical ceased to operate in August 2025.
- When was Allevetix Medical founded?
- Allevetix Medical was founded in January 2017.