Loading organizations...
Sanarus Technologies develops medical devices for minimally invasive breast disease treatment. Its Visica 2TM Treatment System is an image-guided cryoablation device, an alternative to surgical lumpectomy for breast tumors. This system ablates target tissue with extreme cold. It holds FDA clearance for benign fibroadenomas and is in clinical trials for early-stage breast cancer.
Sanarus Technologies was founded in 2009 by CEO BJ Hardman and President Lee Story. Their insight focused on the clinical need for less invasive breast treatment. This spurred development of a proprietary system enhancing patient outcomes and experience, distinct from traditional surgical methods.
The company's technology serves breast care centers and patients seeking non-surgical breast tumor management. Sanarus Technologies aims to establish cryoablation as a standard of care. By increasing patient awareness and physician adoption, it strives to make this minimally invasive procedure widely accessible, to evolve breast care.
Sanarus Medical has raised $57.0M across 3 funding rounds.
Sanarus Medical has raised $57.0M in total across 3 funding rounds.
Sanarus Medical has raised $57.0M in total across 3 funding rounds.
Sanarus Medical's investors include InterWest.
Sanarus Medical (also referred to as Sanarus Technologies) is a medical device company specializing in minimally invasive cryoablation products for breast disease management, targeting benign and malignant breast lesions.[1][2][5] It develops office-based solutions like the Visica 2 Treatment System and Cassi II Rotational Core Biopsy System, serving radiologists, surgeons, and patients by offering alternatives to surgical excision for conditions such as fibroadenomas and early-stage breast cancer.[1][2][4] The company raised $72.55M (or $15M per some sources) before an asset sale, with products demonstrating clinical traction including Phase 2 trials and awards.[1][2][3]
Sanarus Medical was founded in 1999 (with some references noting 2008 or 2009 for Sanarus Technologies, possibly indicating a rebranding or entity evolution).[1][2] Headquartered in Pleasanton, California, it emerged from the need for less invasive breast care, leveraging cryoablation—freezing tissue to destroy tumors—as its core technology.[1][2][5] Early milestones include developing the Visica System for fibroadenoma treatment, earning runner-up in the Wall Street Journal's 2008 Medical Device Innovation Awards, and Humanitarian Application of the Year from National Instruments in 2008.[2][4] Pivotal moments involved FDA clearances, clinical studies like FROST for breast cancer cryoablation (ongoing as of 2018), and an asset sale stage, reflecting a path from innovation to commercialization.[1][4][5]
Sanarus rides the wave of minimally invasive oncology, where cryoablation shifts breast care from operating rooms to outpatient settings amid rising demand for precise, scar-free treatments.[1][4][5] Timing aligns with molecular breast imaging growth and MRI integration, favoring office-based procedures that cut costs and recovery time.[4] Market forces like increasing breast cancer incidence and surgeon adoption of ablation tech boost it, influencing ecosystems by standardizing cryoablation via trials like FROST and partnerships with health systems.[4][5] Competitors like Endologix (vascular) underscore its niche in breast-specific innovation.[1]
Sanarus positions cryoablation as a standard for early breast tumors, with FROST study expansion signaling regulatory and adoption momentum.[4][5] Upcoming trends like AI-enhanced imaging and global minimally invasive procedure growth could accelerate Visica 2 approvals and market penetration.[2][5] Its influence may evolve through acquisitions or partnerships, solidifying leadership in women's health tech and transforming surgical norms—echoing its founding promise of comprehensive, non-invasive breast care.[1][7]
Sanarus Medical has raised $57.0M across 3 funding rounds. Most recently, it raised $15.0M Series E in February 2007.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2007 | $15.0M Series E | InterWest | |
| Apr 1, 2005 | $23.0M Series D | InterWest | |
| Nov 1, 2003 | $19.0M Series C | InterWest |