Allevetix Medical
Noninvasive Treatment for Type-2 Diabetes and Obesity
Company Overview
Snapshot
Founded in January 2017, Allevetix Medical is a Health Tech & Life Sciences company with 1-10 employees. The company has raised $4.42M across two funding rounds from Allmed Solutions. Allevetix Medical ceased operations in August 2025.
Business overview
Allevetix Medical develops innovative medical technology focused on 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 gastric bypass surgery effects 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. The company operates within the Health Tech & Life Sciences sector, specifically in Medical Devices and Medical Treatment & Therapeutics, serving the global healthcare market.
Strategic signal
Allevetix Medical ceased operations in August 2025. This indicates a significant strategic shift and potential market challenges within the medical device sector for metabolic disease treatments, signaling to investors the inherent risks and competitive pressures in this specialized area.
Company Intelligence Q&A
- 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.
- What is the primary focus of Allevetix Medical's technology?
- Allevetix Medical develops innovative medical technology for the noninvasive treatment of metabolic diseases such as 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 gastric bypass surgery effects using a noninvasive implant to prevent food contact with a specific section of the small intestine.
- Which company is Allevetix Medical a subsidiary of?
- Allevetix Medical is a subsidiary of Allium Medical Solutions.