Navigation Links
The OR Company Acquires Rights to Baltimore-Based Start-Up Technology
Date:12/3/2013

COLUMBIA, Md., Dec. 3, 2013 /PRNewswire-iReach/ -- Seguro Surgical, Inc. ("Seguro") announced today that the rights to its novel surgical device, Lap Pak, have been acquired by The OR Company of Tacoma, WA.  Terms of the acquisition were not disclosed.

Seguro, based in Columbia, MD, licensed the Lap Pak technology from Johns Hopkins University in 2009 and further developed the device with support from a grant from the Maryland Technology Development Corporation ("TEDCO").

Lap Pak is designed to replace the use of cotton towels to pack and secure the bowels during major open abdominal surgeries.  Lap Pak is designed to reduce post-operative adhesions caused by the use of cotton towels, which cost the healthcare system $3 billion annually.   The technology also saves significant OR time - approximately $1,000 savings per procedure. 

Tony Deasey, CEO of Seguro, commented, "The success of Lap Pak to date has been a testament to the power of collaboration between innovative Maryland organizations like Johns Hopkins and TEDCO.  With The OR Company's worldwide distribution capabilities, Lap Pak can now improve patient safety on a global scale."

About Seguro:  Seguro is a medical device company that in-licenses and develops early stage medical device technologies that meet our mission of reducing health care costs while improving patient safety. For more information about Seguro visit www.segurosurgical.com

About The OR Company: The OR Company is a leading supplier of gynecologic and general surgery products focused on instrument organization, uterine manipulation and trans-vaginal access for laparoscopic surgery.

About the Maryland Technology Development Corporation (TEDCO): TEDCO is the go-to source for entrepreneurial support and guidance for start-ups and early-stage companies engaged in bringing innovative ideas to market. For more than a decade, the organization has provided funding, mentoring and networking opportunities to support Maryland's innovation ecosystem. While founded by the Maryland General Assembly, TEDCO is an independent entity that makes seed/early-stage investments and manages private capital for angel and venture capital funds. It is frequently ranked as one of the most active seed/early-stage investors in the nation. The organization plays a key role in bringing research created in Maryland's educational institutions and federal laboratories into the commercial marketplace. For more information on TEDCO and its programs and resources, visit www.TEDCO.md.

Media Contact: Anthony Deasey, Seguro Surgical, Inc., 4107722295, adeasey@segurosurgical.com

News distributed by PR Newswire iReach: https://ireach.prnewswire.com


'/>"/>
SOURCE Seguro Surgical, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Largest Global Survey Investigating Early Type 2 Diabetes Conversations Launched by Boehringer Ingelheim and Eli Lilly and Company in Partnership with the International Diabetes Federation
2. National Decision Support Company offers free access to ACR Select
3. The Medicines Companys Cangrelor - Is it better than Plavix for Acute Coronary Syndrome?
4. Elbit Imaging Announces the Results of the Companys Unsecured Financial Creditors Meeting Approving the General Terms of Agreement to be Entered Into With Bank Hapoalim
5. The Female Health Company To Report Fourth Quarter Operating Results on Tuesday, December 3, 2013
6. Sitari Pharmaceuticals, First Company Launched Through Avalon Ventures-GlaxoSmithKline Collaboration, Raises up to $10 Million Series A Financing and R&D Support
7. Cyberonics To Webcast Presentations From Companys Investor And Analyst Meeting
8. PRA Named "Clinical Company of the Year" in National Contest for Second Year
9. Royal DSM and JLL create leading pharma services company in USD 2.6 bn transaction
10. The Airway Company Launches Revolutionary New Speaking Valve And Heat Moisture Exchanger
11. Star Scientific Files Third-Quarter Financials for 2013; Comments on Companys Corporate Leadership Transition, Roskamp Institute Scientific Presentations at 2013 Annual Society for Neuroscience Convention
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/4/2016)... Research and Markets has ... Keratosis Market and Competitive Landscape Highlights - ...      (Logo: http://photos.prnewswire.com/prnh/20160330/349511LOGO ) , ... Highlights 2016, provides comprehensive insights into Actinic ... Keratosis market valuations and forecast, Actinic Keratosis ...
(Date:5/3/2016)... 4, 2016 Research and Markets ... Stem Cell Therapy Market Outlook 2020" report to ... ) , ,Recombinant technology has improved significantly in past ... be developed in coming years. Many cancer drugs have ... cell therapies are also expected to be developed with ...
(Date:5/3/2016)... 3, 2016   BIOTRONIK , a leader ... Food and Drug Administration (FDA) approval of Iperia ... heart failure patients with access to diagnostic magnetic ... remote monitoring with daily automatic transmission and closed ... in response to physiological demands. ...
Breaking Medicine Technology:
(Date:5/5/2016)... PA (PRWEB) , ... May 05, 2016 , ... ... on long-acting injectables (LAIs), today announced a development collaboration with the ... to treat serious mental disorders such as schizophrenia. , LAI medicines can offer ...
(Date:5/5/2016)... Palm Beach, Fla. (PRWEB) , ... May 05, 2016 , ... ... Vision Institute in San Diego, California. The laser eye center will now be called ... recognized surgeons and attentive staff will remain at the full-service facility to ensure that ...
(Date:5/5/2016)... ... May 05, 2016 , ... LELO has discovered many people ... fans reach out via email, social media and on the Volonté blog seeking advice ... way I masturbate ‘normal’ or ‘correct’?” , While some methods are more common than ...
(Date:5/5/2016)... Fort Collins, CO (PRWEB) , ... May 05, ... ... has announced the commencement of a master charity program created to assist the ... every 60 days, working closely with nonprofit organizations and community leaders. Their hope ...
(Date:5/5/2016)... TX (PRWEB) , ... May 05, 2016 , ... Vitenas ... AIA/AAH Healthcare Design Awards, presented by the American Institute of Architects and the Academy ... designed by the renowned Perkins+Will and Harrell Architects, opened to patients in October of ...
Breaking Medicine News(10 mins):