Navigation Links
Israeli Medical Device Company FlowSense Acquired by Baxter
Date:9/10/2013

TEL AVIV, Israel, September 10, 2013 /PRNewswire/ --

The Trendlines Group announces the recent acquisition of portfolio company FlowSense by Baxter International, a leading global healthcare company.  FlowSense's URINFO fluid monitoring system provides accurate, real-time, and continuous monitoring of urine output.  The company was founded by Trendlines in 2009 and taken public on the Tel Aviv Stock Exchange the following year.

Prior to founding FlowSense, Trendlines acquired the assets upon which the company was established and created a new company to develop and market the company's products.   The company has since sold product in Europe, the United States, Israel, and China.  The company generated interest from several potential strategic partners prior to the acquisition by Baxter for approximately $9.5 million, including liabilities.

According to D. Todd Dollinger, Chairman and CEO of Trendlines and Chairman of FlowSense from the company's creation through its exit: "The FlowSense acquisition by Baxter adds to other recent successes for Trendlines, including the sale of PolyTouch to Covidien and the IPO of ETView. Since the establishment of The Trendlines Group in 2007, more than $160 million has been invested in our portfolio companies."

About Trendlines:

Trendlines (http://www.trendlines.com) creates and develops companies to improve the human condition. Partnering with passionate Israeli innovators, Trendlines invents, incubates, and invests in innovation-based, early-stage medical and agricultural technologies. Trendlines provides entrepreneurs with an environment that nurtures curiosity and leadership and presents investors with significant opportunities.

For Media Relations:

Omri Salner | Ofir Shpigel Media and Public Relations| +972-04-9535030

Efrat@ofirpr.co.il



'/>"/>
SOURCE FlowSense
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Israeli Innovation Shown to Demonstrate Reduction in Headaches and Neck Pain
2. SafeCode Drug Technologies Corp Signs an Agreement With INTOVISION PRODUCT DEVELOPMENT & DESIGN (An Israeli Product Development Co) to Manufacturers the Worlds First Voice Recognition Drug Safety Application Prototype
3. Elbit Imaging Announces the Court Decision with Respect to Filing of Plan of Arrangement with the Israeli Court
4. Lung Cancer Alliance Congratulates 75 Medical Centers For Moving Swiftly And Responsibly On Lung Cancer Screening
5. Medical Device Developers - Network at BIOMEDevice Boston Next Week
6. Winner Medicals Special Committee Appoints Independent Financial Advisor and Retains Legal Counsel
7. Study Finds Utilizing Integrated Medical and Pharmacy Data Improves Ability to Forecast Use of High-cost Specialty Treatments
8. CareFusion to Sell Neurodiagnostic Business to Natus Medical for $58 Million
9. ulrich medical USA™ Releases New Expandable Spinal Implant for US Market
10. Qmed, the Leading Global MedTech Industry Resource, Partners with Clarimed, to Provide the Medical Manufacturing and Healthcare Industry with FDA Reports on Adverse Events
11. Essential Medical Dismisses Patent Case against Masimo and Cercacor
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/26/2016)... , June 27, 2016 Jazz Pharmaceuticals plc ... period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, ... of Celator Pharmaceuticals, Inc. ("Celator"; Nasdaq: CPXX ... (Eastern Daylight Time). As previously announced on ... a definitive merger agreement under which Jazz Pharmaceuticals has ...
(Date:6/24/2016)... 2016  Collagen Matrix, Inc., ("Collagen Matrix") the ... of collagen and mineral based medical devices for ... Bill Messer has joined the company as ... the growing portfolio of oral surgery, neurosurgery, orthopaedic ... joins the Collagen Matrix executive team as an ...
(Date:6/24/2016)... , June 24, 2016 ... of the "Structural Electronics 2015-2025: Applications, Technologies, ... In-Mold Electronics, Smart Skin, ... Photovoltaics Structural electronics involves electronic ... load-bearing, protective structures, replacing dumb structures such as ...
Breaking Medicine Technology:
(Date:6/25/2016)... ... June 25, 2016 , ... ... recover from injury. Recently, he has implemented orthobiologic procedures as a method for ... is one of the first doctors to perform the treatment. Orthobiologics are substances ...
(Date:6/24/2016)... (PRWEB) , ... June 24, 2016 , ... A recent ... that most people are unfamiliar with. The article goes on to state that individuals ... also many of these less common operations such as calf and cheek reduction. The ...
(Date:6/24/2016)... ... June 24, 2016 , ... Marcy was in a crisis. Her son James, eight, was ... his family verbally and physically. , “When something upset him, he couldn’t control his emotions,” ... He would throw rocks at my other children and say he was going to kill ...
(Date:6/24/2016)... ... June 24, 2016 , ... Dr. Amanda Cheng, an ... Dr. Cheng has extensive experience with all areas of orthodontics, including robotic Suresmile ... orthodontics. , Micro-osteoperforation is a revolutionary adjunct to orthodontic treatment. It can ...
(Date:6/24/2016)... ... June 24, 2016 , ... People across the U.S. are sharpening ... Talker Award, an essay contest in which patients and their families pay tribute to ... at the 2016 National Society of Genetic Counselors (NSGC) Annual Education Conference (AEC) this ...
Breaking Medicine News(10 mins):