Revolutionary Ultrasound Tech Startup HistoSonics Secures $2.25B from Jeff Bezos & Others
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Revolutionary Ultrasound Tech Startup HistoSonics Secures $2.25B from Jeff Bezos & Others

MedTech Innovations
medtech
startup
cancertreatment
innovation
jeffbezos
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Summary:

  • HistoSonics' Edison uses ultrasound waves to non-invasively destroy tumors, turning tissue into liquid in minutes

  • FDA approved in 2023, already used in over 2,000 procedures across 50 U.S. hospitals

  • Expanding to treat kidney tumors and pancreatic cancer, with early results showing promise

  • $2.25 billion investment from Jeff Bezos and others, valuing the startup at a majority stake

  • CEO sees a $200 billion opportunity, with Minnesota as the permanent headquarters

HistoSonics, a med-tech startup based in Plymouth, Minnesota, is turning heads with its groundbreaking Edison robotic machine. This innovative device uses ultrasound waves to non-invasively target and destroy tumors, transforming solid tissue into liquid in under two minutes—a process vividly demonstrated with liver tissue.

How Edison Works

  • Ultrasound Waves: Create a bubble cloud that destroys tissue at a sub-cellular level.
  • Non-Invasive & Non-Toxic: Unlike radiation therapy, it can treat multiple tumors in one procedure.

FDA Approval & Traction

  • FDA Approved in 2023 for liver tumors.
  • Over 2,000 procedures completed.
  • 50 U.S. hospitals have installed Edison, with 50 more on order, including Mayo Clinic and Abbott.

Beyond Liver Tumors

  • Kidney Tumors: 15 centers completed enrollment; FDA submission expected next year.
  • Pancreatic Cancer: Early results are "unbelievably encouraging," offering hope for improved quality of life.

Massive Investment

  • A group including Jeff Bezos invested $2.25 billion for a majority stake.
  • CEO Mike Blue envisions a $200 billion opportunity, with plans to expand clinical programs.

Future in Minnesota

  • Moved from Ann Arbor to leverage Minnesota's med-tech ecosystem.
  • Headquarters will remain in Minnesota, with ambitions for "industrial park domination."

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