NATICK, Mass.– Allurion, a company dedicated to ending obesity, has received approval to launch its revolutionary gastric balloon technology in Brazil.
The Allurion Balloon – known in Brazil as the Elipse Balloon – is the first and only intragastric weight-loss balloon that is routinely placed and removed without surgery, endoscopy or anesthesia1. With its launch in Brazil, the Allurion Balloon is now available in 60 countries.
The prevalence of obesity in Brazil has increased from 11.8% in 2006 to 20.3% in 2019. By 2030, nearly 30% of Brazil’s adult population will have obesity**. As a result, Allurion estimates a total addressable market of around 1.3 million consumers in Brazil who would be eligible for and would consider choosing the Allurion Program.
Dr. Shantanu Gaur, Co-Founder and CEO of Allurion, says the need to address obesity in Brazil is more urgent than ever.
“Obesity represents one of the most significant health challenges in Brazil today. We welcome ANVISA’s approval, and we look forward to working with healthcare professionals and other weight-loss experts to end obesity in the country.”
Benoit Chardon, Chief Commercial Officer at Allurion, said the approval was just the latest move for the company into markets where obesity was a serious health challenge.
“We are confident in our future success in Brazil, because we have three major advantages: the revolutionary, procedureless nature of our device, the comprehensive nature of our program which includes an AI-powered remote patient monitoring system and behavior change program that complements the device, and the experience we have assembled after treating over 100,000 patients around the world,” he says.
The Allurion Program is available in 5 clinics in Brazil, with 7 more to open soon. As with other markets, Chardon says Allurion will be selective at first in partnering with clinics to offer the program. “We want to guarantee best-in-class experience for all our patients: only the most experienced teams and clinics will be trained to deliver this sophisticated program,” he says.
The company has demonstrated clear product-market fit in over 50 countries to date and has grown top-line revenues by 100% year-over-year for the past 6 years. With launches this year in Australia, Canada, Mexico, India, and now Brazil, the company has nearly doubled its footprint in just the past 12 months.
Dr. Eduardo Grecco, a gastric surgeon and endoscopist at Instituto Endovitta in São Paulo, Brazil, welcomed an additional tool to help fight obesity.
“According to Secretária de Vigilância em Saúde, our local health surveillance agency, around 20% of the adult population is currently living with obesity and an additional 36% are overweight. That is almost 95 million people,” he says.
“We have seen an 80% increase in obesity in the past 10 years – especially among 25- to 45-year-olds. That has a knock-on effect on other conditions for which obesity is a major risk factor.”
Dr. Manoel Galvao Neto, head of bariatric endoscopy of Mohak Bariatric and Robotics and scientific director at Instituto Endovitta, agrees. “It really is important that we act now to help these people lose weight. Having tools such as the Allurion Program at our disposal will be a game-changer.”
