{"id":87059,"date":"2022-10-29T11:31:00","date_gmt":"2022-10-29T15:31:00","guid":{"rendered":"https:\/\/framinghamsource.com\/?p=87059"},"modified":"2022-10-29T11:19:11","modified_gmt":"2022-10-29T15:19:11","slug":"natick-based-allurion-gets-approval-to-launch-gastric-balloon-technology-in-brazil","status":"publish","type":"post","link":"https:\/\/framinghamsource.com\/index.php\/2022\/10\/29\/natick-based-allurion-gets-approval-to-launch-gastric-balloon-technology-in-brazil\/","title":{"rendered":"Natick-Based Allurion Gets Approval To Launch Gastric Balloon Technology in Brazil"},"content":{"rendered":"\n

In full transparency, the following press release & photo were submitted to SOURCE media through its business wire service.<\/em><\/strong><\/p>\n\n\n\n

***<\/p>\n\n\n\n

[broadstreet zone=”99032″]<\/strong><\/p>\n\n\n\n

NATICK – Allurion, a company dedicated to ending obesity, has received approval to launch its revolutionary gastric balloon technology in Brazil.<\/p>\n\n\n\n

The Allurion Balloon \u2013 known in Brazil as the Elipse Balloon \u2013 is the first and only intragastric weight-loss balloon that is routinely placed and removed without surgery, endoscopy or anesthesia1<\/sup>. With its launch in Brazil, the Allurion Balloon is now available in 60 countries.<\/p>\n\n\n\n

The prevalence of obesity in Brazil has increased from 11.8% in 2006 to 20.3% in 2019. <\/p>\n\n\n\n

By 2030, nearly 30% of Brazil\u2019s adult population will have obesity.<\/p>\n\n\n\n


[broadstreet zone=”53820″]<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

As a result, Allurion estimates a total addressable market of around 1.3 million consumers in Brazil who would be eligible for and would consider choosing the Allurion Program.<\/p>\n\n\n\n

Dr. Shantanu Gaur, Co-Founder and CEO of Allurion, says the need to address obesity in Brazil is more urgent than ever.<\/p>\n\n\n\n

\u201cObesity represents one of the most significant health challenges in Brazil today (Friday, October 28). We welcome ANVISA\u2019s approval, and we look forward to working with healthcare professionals and other weight-loss experts to end obesity in the country.\u201d<\/p>\n\n\n\n

Benoit Chardon, Chief Commercial Officer at Allurion, said the approval was just the latest move for the company into markets where obesity was a serious health challenge.<\/p>\n\n\n\n


[broadstreet zone=”59945″]<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

\u201cWe are confident in our future success in Brazil, because we have three major advantages: the revolutionary, procedureless nature of our device, the comprehensive nature of our program which includes an AI-powered remote patient monitoring system and behavior change program that complements the device, and the experience we have assembled after treating over 100,000 patients around the world,\u201d he says.<\/p>\n\n\n\n

The Allurion Program is available in 5 clinics in Brazil, with 7 more to open soon. As with other markets, Chardon says Allurion will be selective at first in partnering with clinics to offer the program. \u201cWe want to guarantee best-in-class experience for all our patients: only the most experienced teams and clinics will be trained to deliver this sophisticated program,\u201d he says.<\/p>\n\n\n\n

The company has demonstrated clear product-market fit in over 50 countries to date and has grown top-line revenues by 100% year-over-year for the past 6 years. With launches this year in Australia, Canada, Mexico, India, and now Brazil, the company has nearly doubled its footprint in just the past 12 months.<\/p>\n\n\n\n

Dr. Eduardo Grecco, a gastric surgeon and endoscopist at Instituto Endovitta in S\u00e3o Paulo, Brazil, welcomed an additional tool to help fight obesity.<\/p>\n\n\n\n


[broadstreet zone=”59947″]<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

\u201cAccording to Secret\u00e1ria de Vigil\u00e2ncia em Sa\u00fade, our local health surveillance agency, around \u200b20% of the adult population is currently living with obesity and an additional 36% are overweight. That is almost 95 million people,\u201d he says.<\/p>\n\n\n\n

\u201cWe have seen an 80% increase in obesity in the past 10 years \u2013 especially among 25- to 45-year-olds.\u200b That has a knock-on effect on other conditions for which obesity is a major risk factor.\u201d<\/p>\n\n\n\n

Dr. Manoel Galvao Neto, head of bariatric endoscopy of Mohak Bariatric and Robotics and scientific director at Instituto Endovitta, agrees. \u201cIt really is important that we act now to help these people lose weight. Having tools such as the Allurion Program at our disposal will be a game-changer.\u201d<\/p>\n\n\n\n


[broadstreet zone=”59948″]<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

About the Allurion Balloon (marketed as the Elipse Balloon in Brazil)<\/strong><\/p>\n\n\n\n

  • The Allurion swallowable gastric balloon is the world\u2019s first and only procedureless weight loss device. It does not require surgery, endoscopy or anesthesia for routine placement or removal1<\/sup>. In Brazil, it is indicated for adults with a body mass index (BMI) of 30-40<\/li>
  • It comes as part of the Allurion Program, which supports patients to make positive lifestyle changes that result in long-term weight loss. The holistic program includes support from a doctor and nutritionist, as well as a suite of digital tools designed to help maximize success.<\/li>
  • The Allurion Program is intended for people who are unable to achieve their weight-loss goals by dieting alone, and those who do not want to \u2013 or cannot \u2013 undergo invasive surgery or endoscopy. It may also be suitable for people who need to manage weight-related co-morbidities, such as diabetes, infertility, or cardiovascular disease.<\/li><\/ul>\n\n\n\n

    *Total market opportunity calculations are based on current health statistics, income levels and company market penetration<\/p>\n\n\n\n

    ** Estivaleti, J.M., Guzman-Habinger, J., Lobos, J.\u00a0et al.<\/em>\u00a0Time trends and projected obesity epidemic in Brazilian adults between 2006 and 2030.\u00a0Sci Rep<\/em>\u00a012<\/strong>, 12699 (2022).\u00a0https:\/\/doi.org\/10.1038\/s41598-022-16934-5<\/p>\n\n\n\n

    1 <\/sup>In rare cases, the Allurion Balloon may require endoscopic or surgical intervention for removal<\/p>\n\n\n\n


    [broadstreet zone=”59983″]<\/strong><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

    Allurion is dedicated to ending obesity. The Allurion Program is a 360-degree weight loss experience featuring the Allurion Gastric Balloon, the world\u2019s first and only swallowable, procedureless1<\/sup>\u00a0gastric balloon for weight loss, the Allurion Virtual Care Suite including the Allurion Mobile App for consumers, Allurion Insights for clinicians featuring the Iris AI Platform, and the Allurion Connected Scale and Health Tracker devices. The Allurion VCS is now available to providers separately from the Allurion Program to help customize, monitor and manage weight loss therapy for patients regardless of their treatment plan: gastric balloon, surgical, medical or nutritional. The company’s headquarters is in Natick.<\/p>\n\n\n\n


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