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Medspira and Mayo Clinic Enter Into Agreement
Date:11/18/2009

ry care providers, gastroenterologists, colorectal surgeons, and gynecologists care for patients with FI. FI is most common in the elderly and in women after childbirth. Although effective treatments exist, many people and their families have difficulty coping with this embarrassing problem. Because the existing methods for assessing anorectal functions are expensive and not available in primary care clinics, the condition is often untreated, which can lead to isolation, depression or premature admission to a nursing home. This emerging technology promises to simplify diagnostic assessment and facilitate management of fecal incontinence.

Additional technologies to address concerns over the safety of angiograph contrast agents are also in development. Known as a Hemostasis Valve, the technology allows Cardiologists and Radiologists to more safely, quickly and easily perform catheter based procedures. The valves can significantly reduce bleeding. The procedure is accomplished in less time and gives the physician more control over catheter placement than valves currently available in the marketplace.

Mayo Clinic has licensed these technologies through its Office of Intellectual Property to Medspira and will receive royalties from sales. Mayo Clinic also holds an equity position in Medspira.

About Medspira

Medspira was formed by a group of private investors to bring new, clinically inspired technologies to a wider audience for the benefit of patients and physicians. Its highly focused sales model serves the market in both North America and worldwide. These devices represent the first products for the company. For more information, contact Sarah Thornton (sthornton@medspira.com).

About Mayo Clinic Office of Intellectual Property

Mayo Clinic has one of the most highly evolved intellectual property and technology commercialization
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SOURCE Medspira
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