MedCity News November 16, 2021
Cala Health, a company with a wearable device for essential tremor, recently raised $77 million in funding. It plans to expand to more indications and seek more coverage of its device with the funds.
Ascension Ventures recently led a $77 million funding round in Cala Health, a startup with a wearable device for essential tremor. The Burlingame, Calif.-based company makes a wrist-based device that uses electrical stimulation to temporarily relieve tremor symptoms.
Essential tremor, characterized by the involuntary shaking of the hands, affects about 7 million people in the U.S. A few treatment options currently exist, such as beta blockers, but they’re not always well tolerated.
Cala plans to use the funds to expand to additional indications and seek broader...
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