The Massachusetts Life Sciences Center has awarded a $750K acceleration loan to a Wellesley startup called Allurion Technologies that has developed a novel way to help people from overeating — it delivers an expanding medical device into the stomach via a pill.
According to the award press release, the Allurion has created a “medical device called Allurion designed to induce significant weight loss by displacing volume in the stomach. Leveraging super-porous hydrogel technology enables the device to be delivered without surgery and it can be eliminated via an orally available, non-toxic dissolution agent. Due to the ease of application and removal, the product will target patients across the obesity spectrum. The company is currently focused on testing to pave the way for a first-in-man trial.”
More from the Boston Herald, which talked to the head of the 4-person company.