STARTUP PROFILE

Saluda Medical

COUNTRY
Australia
FOUNDED
2011
CATEGORY
Neuromodulation
Developing the Evoke System, the first FDA-approved closed-loop spinal cord stimulation system using evoked compound action potentials (ECAPs) to automatically adapt therapy in real time.
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Neurofounders Insights
$   Funding   -
Public
MODALITY
SCS
FORM FACTOR
Implant
INTERFACE DEPTH
Implantable
INDICATION
Pain/migraine
TARGET USER
Patients
REGULATORY STAGE
FDA approved (PMA)
Saluda Medical is one of the most clinically advanced closed-loop SCS companies, with the only FDA-approved ECAP-controlled spinal cord stimulation system and the most rigorous RCT evidence base in SCS history. Its objective neurophysiological therapy control represents a paradigm shift relative to conventional programmer-adjusted or patient-adjusted SCS, and its commercial rollout will pressure established SCS incumbents to develop competing closed-loop capabilities.
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MOST RECENT COVERAGE
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4
Small Rounds, Big Results
23 June – 7 July 2026

Saluda Medical received FDA approval for CAP24, a new surgical lead for its closed-loop Evoke spinal cord stimulation system. Unlike the thin, wire-like leads placed through a needle, a paddle lead is a flat, ribbon-shaped electrode array implanted surgically against the spinal cord, giving more stable, precise contact with the tissue. CAP24 senses the spinal cord's electrical response to stimulation and adjusts the therapy automatically, extending Saluda's closed-loop approach. Paddle leads are the format neurosurgeons and orthopedic surgeons prefer, a group that performs roughly 30% of US spinal cord stimulation procedures and one Saluda had not previously been able to reach. The company plans a phased US launch in the second half of 2026.

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3
The Big June Data Dump
9 June – 23 June 2026

New 36-month data from Saluda's EVOKE program continues to show durable outcomes for its closed-loop spinal cord stimulation system. 90% of patients who responded after three months remained responders after three years. The Evoke system is the only platform that reads the spinal cord's own evoked response to stimulation, the ECAP, adjusting stimulation more than 100 times per second to keep therapy on target.

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