SetPoint Medical Receives FDA Breakthrough Device Designation for its Novel Bioelectronic Platform

VALENCIA, Calif., Oct. 06, 2020 (GLOBE NEWSWIRE) — SetPoint Medical, Inc. today announced that it has received Breakthrough Device Designation from the U.S. Food and Drug Administration (FDA) for the use of its novel bioelectronic device for patients with rheumatoid arthritis (RA) who have incomplete response to, or are intolerant to multiple biologic drugs. The Company is developing its platform for the treatment of chronic, inflammation-mediated autoimmune diseases, and is initially focused on the treatment of RA as a potentially efficacious, yet less immunosuppressive option.