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ReShape Medical, Inc. Secures $11 Million Bridge Loan and New Bank Line

Reshape Medical, Inc.

Represented Reshape Medical, Inc. with securing an $11 million bridge loan and a new bank line of credit.

ReShape Medical is a private, venture-financed medical device company based in San Clemente, California that recently received FDA approval for its ReShape Integrated Dual Balloon System. The ReShape Integrated Dual Balloon System is a first-of-its-kind non-surgical weight loss procedure for people who either do not want or do not qualify for bariatric surgery.

The Newport Beach-based team representing ReShape Medical included Bruce Feuchter and Jeff Estes.