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Tivic Health

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Tivic Health Systems, Inc. - Company Market Research Report



Company Overview



  • Name: Tivic Health Systems, Inc.

  • Mission: To pioneer the development of non-invasive, drug-free therapeutic solutions to improve health and make a meaningful difference in people's lives by utilizing bioelectronic medicine.

  • Founded: 2016, by Jennifer Ernst.

  • Key People:

  • Jennifer Ernst - Chief Executive Officer & Co-Founder

  • Lisa Wolf - Interim Chief Financial Officer

  • Blake Gurfein, PhD - Chief Scientific Officer

  • Chandrasekhar Durisety, PhD - VP, Engineering and Manufacturing

  • Headquarters: San Francisco Bay Area, CA, USA

  • Number of Employees: [No information is available]

  • Revenue: [No information is available]

  • Known For: Tivic Health is known for ClearUP®, an award-winning bioelectronic sinus device. It is recognized for employing electricity as an alternative to pharmaceuticals for sinus pain relief.


Products



ClearUP® Sinus Pain Relief Device



  • Description:

  • A handheld device that uses low-current electrical stimulation to relieve sinus pain, congestion, and pressure. ClearUP is clinically proven, drug-free, non-invasive, and provides relief with continued use.

  • Key Features:

  • FDA Class II and EU Class IIa medical device.

  • No drugs, non-addictive, and provides targeted treatment to sinus nerve pathways.

  • Starts working within minutes and relief lasts up to 6 hours.

  • Easy to use with a high efficacy rate observed in clinical trials.

  • Available online through major retailers like Amazon, Best Buy, Walgreens, and Walmart.


Recent Developments



New Products and Features



  • Vagus Nerve Stimulation (VNS) Study:

  • Tivic completed enrollment for a pilot clinical study on a proprietary non-invasive approach to vagus nerve stimulation, enhancing safety and effectiveness for neurostimulation.


  • Halal Compliance for ClearUP:

  • Established Halal compliance for ClearUP, ensuring the product meets Islamic dietary requirements.


Partnerships and Strategic Developments



  • Partnership for VNS Commercial Strategy:

  • Partnered with Fletcher Spaght, a leading growth strategy firm, to accelerate VNS commercial strategy development.


New Appointments



  • Interim CFO Appointment:

  • Lisa Wolf was appointed as Interim Chief Financial Officer, while her predecessor Kimberly Bambach continues as an advisor focusing on strategic transactions.


Awards and Recognition



  • Fast Company:

  • Named in Fast Company's annual list of the World's Most Innovative Companies for 2023 in the Medical Device category.

  • Global Health & Pharma Magazine:

  • ClearUP was named the best sinus pain relief solution.


Corporate Information



  • Stock Information: Tivic is publicly traded on Nasdaq under the ticker TIVC.

  • Corporate Headquarters: 47685 Lakeview Blvd, Fremont, CA 94538, USA.

  • Investor Relations: Managed by Hanover International.


Conclusion



Tivic Health Systems, Inc. continues to innovate in the field of bioelectronic medicine with a focus on non-invasive and drug-free health interventions. Through its flagship product, ClearUP, and ongoing research in VNS, Tivic positions itself as a leader in health tech solutions addressing chronic healthcare needs without pharmaceuticals.