Russian billionaire Roman Abramovich is investing $2 million in an Israeli medical equipment startup MelCap Systems. Sources inform Israeli “Globes”
MelCap capsule is a solution to fight obesity and gastrointestinal diseases. The capsule is the size of a large pill and is swallowed by an overweight or obese person. On arrival into the stomach the capsule absorbs stomach fluids. This absorption increases the capsules size, enabling it to remain in place and operate continuously, 24/7 combining electrical stimuli and gastric balloon functions. The capsule is then used to deliver electrical stimulation to the muscles of the stomach wall, giving the patient the feeling of “being full” and reducing their urge for the food intake.
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The company was founded in 2012 by Josef More, an electrical engineer Boris Vosnesensky and Prof. Rami Eliakim, Head of the Gastroenterology Division in the Sheba Medical Center at Tel Hashomer.