A first-in-class therapy in a market with no incumbent.
A $15B addressable opportunity by 2032. No approved implantable competitor. Built on clinical science that is already settled. Stimalia is creating the category.
The science risk is gone
Stellate ganglion modulation produces meaningful PTSD response in 70–80% of treated patients across multiple peer-reviewed studies. The mechanism works. The bet is on execution, not biology.
The market is empty
Injection-based blocks are transient, inconsistent, and unscalable. No durable, implantable, programmable solution exists. The category is open and Stimalia is first to it.
The regulatory wind is favorable
FDA Breakthrough Device pathways and EU MDR designations now exist for severe unmet psychiatric needs. Government and military payers are increasingly active in PTSD reimbursement.
“A category-defining therapy. A market with no incumbent.”