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Axonics' Sacral Neuromodulation System receives CE mark for the treatment of urinary and fecal dysfunction

Press releases may be edited for formatting or style | June 06, 2016

OAB affects an estimated 85 million adults in the US and Europe. Another 40 million are reported to suffer from fecal incontinence. SNM therapy is an effective and durable treatment that has been widely used and reimbursed in Europe and the US for the past two decades. Over 200,000 patients have benefited from the therapy to date. SNM is the only OAB treatment with proven clinical superiority to standard medical therapy and OAB patients who receive SNM report significantly higher quality of life than patients undergoing drug treatment.

“Axonics has successfully developed a unique product to deliver SNM therapy that we believe will greatly improve the patient and clinician experience,” said Raymond W. Cohen, Axonics’ Chief Executive Officer. “We look forward to treating patients in our upcoming PMCF study.”

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About the Axonics Sacral Neuromodulation System™

The Axonics SNM System is an implantable neuromodulation system that modulates sacral nerve activity for the management of urinary and fecal dysfunction. The System includes, among other innovations, a miniaturized implantable pulse generator that is 60% smaller and promises to last 15 years, which is more than three times longer in the body than currently marketed non-rechargeable SNM technology. In addition, the Axonics’ SNM System features a key-fob sized patient-friendly remote control and an intuitive clinician programmer that will guide and support physician implanters throughout the procedure, from lead placement to programming.

About Axonics Modulation Technologies, Inc.

Axonics, based in Irvine, CA, is a privately held company developing novel implantable neuromodulation technology directed toward a number of clinical indications. Investors include Edmond de Rothschild Investment Partners, Advent Life Sciences, NeoMed Management, Legend Capital, Cormorant Asset Management and The Alfred E. Mann Foundation. For more information, visit the Company’s website at www.axonicsmodulation.com.

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