MedTechIndexBETA
The MedTechIndex Briefing

Keep up with MedTechIndex.

A weekly note from Blair, new companies added to the directory, and meaningful updates to existing profiles.

Confirm your email to join. Email privacy

Companies / CAPS Medical
Medical device company profile

CAPS Medical

Israeli clinical-stage developer of PlasmaSure, an investigational non-thermal plasma platform for minimally invasive tumor ablation.

Manufacturer / DeveloperOncologyUrology & Renal CareUrologyClinical stage ยท Investigational
Headquarters๐Ÿ‡ฎ๐Ÿ‡ฑNetanya, Israel
Founded2018
Commercial statusIn developmentInvestigational; company states not cleared for marketing in the U.S. or other markets.
Employees11โ€“50 [1]LinkedIn company-size range ยท Checked 2026-10-15
Estimated revenueNot confirmed
Disclosed fundingUS$3.5 million [24]Series A ยท Jul 2020
Official websitewww.capsmedical.com โ†—

Company overview

CAPS Medical is developing PlasmaSure, a non-thermal atmospheric plasma system intended to deliver energy through standard minimally invasive instruments. Its initial human development focus is non-muscle-invasive bladder cancer, with additional solid-tumor applications described as preclinical programs.

The company reports completing first-in-human research and receiving FDA Breakthrough Device designation for low- to intermediate-risk bladder cancer in October 2025. Its website continues to identify the technology as investigational and not cleared for marketing; designation does not establish commercial availability.

The technology originated from work involving the Technion and Rambam Health Care Campus and was developed within MEDX Xelerator. A US$3.5 million Series A was announced in 2020. Current clinical evidence, further trial plans and eventual market access require separate evaluation.

[1][2][4][6][15][24]

Leadership

5 people
Ilan UchitelCEO & Co-Founder [16]
Leonid YanovitzVice President, R&D [17]
Tsvia ErlichSenior Vice President, Regulatory Affairs [17]
Prof. Jacob CohenCo-Founder; Director [5][17]
Sheldon LiberDirector [17]

Products & regulatory status How does MedTechIndex get this information?

Summary

PlasmaSure remains in clinical development for bladder-tumor ablation. CAPS reports Breakthrough Device designation for low- to intermediate-risk NMIBC, while its current site states investigational use only and no marketing clearance. [15][2][3][16][18]

No matching FDA recall event was identified in the completed company/applicant, linked-identifier and product-name searches. [20][21]

Regulatory snapshot How to read this snapshot

U.S. FDA
0
510(k) clearances
0
De Novo grants
0
PMA approvals
0
Recall events

Latest recorded source review: 2026-10-20.

Commercial portfolio snapshot

No commercially marketed products established. Research participation is separate from customer adoption.

Commercial development

The sponsor describes preclinical work in lung, esophageal, gastric and prostate cancer, alongside the bladder program. These are investigational applications of the platform, not verified separate products or authorized indications. [7][8][9][2]

Endoscopic tumor ablation

PlasmaSure โ€” investigational non-thermal plasma platform โ†—

Investigational system delivering non-thermal atmospheric plasma through minimally invasive instrument channels. Initial human work focuses on recurrent low-grade non-muscle-invasive bladder tumors; other solid-tumor uses remain development objectives. [15][2][7][8]

Investigational / in development

Investigational use only. Company states not cleared for marketing in the U.S. or other markets.

Activity & Milestones

5 events
2025-10-31 ยท Clinical evidence

Local-anesthesia case report published

A Journal of Surgical Case Reports publication describes one bladder-tumor treatment under local anesthesia. The single case supports further investigation, not a finding that routine office treatment is established. [9]

2025-10-15 ยท Regulatory development

Breakthrough Device designation announced

CAPS reported FDA designation for PlasmaSure in low- to intermediate-risk NMIBC. The announcement describes pivotal-study and U.S. expansion plans; designation is not clearance, approval or guaranteed reimbursement. [2][3]

2025 ยท Clinical evidence

First-in-human study published

The 2025 JU Open Plus paper reports a prospective multicenter open-label study involving 30 patients, 67 tumors and 36 procedures. Reported complete response was 83% of patients and 84% of tumors, with no device-related adverse events reported. The small, uncontrolled study does not establish comparative effectiveness or rule out uncommon harms. [7][8]

2020-07-29 ยท Funding

US$3.5M Series A announced

Round led by Chasing Value Asset Management and Israel Investment Fund Group, with other participants identified by MEDX. The announced amount supported clinical development; it is not current revenue or a verified lifetime funding total. [4][24]

2018-10-22 ยท Company

Technology recognized at ITTN pitch competition

MEDX reported that CAPS Medical, formerly Plasmed, won first place in the life-sciences pitch track; co-founder Jacob Cohen presented its plasma-based cancer-ablation technology. [5]

24 Cited Sources

Accessed 10/29/2026

[8] Author-uploaded first-in-human paper โ€” full text โ†—JU Open Plus / author-uploaded ResearchGate copy ยท clinical publication
[9] PlasmaSure under local anesthesia โ€” case report, 2025 โ†—Journal of Surgical Case Reports / PMC ยท clinical publication
[14] Plasma control โ€” patent application IL309017A โ†—Google Patents / patent record ยท patent record
[16] Ilan Uchitel โ€” CEO and co-founder โ†—CAPS Medical ยท company website
[18] FDA 510(k) database โ€” research search โ†—FDA / openFDA ยท regulatory record
[19] FDA PMA database โ€” research search โ†—FDA / openFDA ยท regulatory record
[22] FDA UDI database โ€” research search โ†—FDA / openFDA ยท regulatory record
[23] FDA De Novo database โ€” research search โ†—FDA / openFDA ยท regulatory record
Company research

Compare companies

Privacy choices

Your saved-company and comparison preferences are stored separately. Changing analytics preferences does not clear them.

About cookies and privacy