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April 8, 2020

Sharp Fluidics buys robotic port closure technology from neoSurgical

Sharp Fluidics has announced the acquisition of laparoscopic and robotic port site closure technology neoClose from neoSurgical for an undisclosed sum.

Sharp Fluidics has announced the acquisition of laparoscopic and robotic port site closure technology neoClose from neoSurgical for an undisclosed sum.

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neoClose enables surgeons to close port site defects, up to 3cm, following laparoscopic and robotic abdominal surgery.

The technology uses bio-absorbable anchors with a pre-attached suture and is changing the standard of care in port site closure. It is considered to be quicker and safer and gives less port site pain compared to standard practices of closing port sites.

Sharp Fluidics president Doug Rimer said: “We strive to introduce innovative thinking to surgical closure, and neoClose is highly complementary to our Operative Armour System.

“With Operative Armour, clinicians can self-dispense and self-secure their own suture needles in open surgery closures without scrub tech assistance, dramatically improving workflow efficiency while minimising exposure to contaminated suture needles. neoClose enables us to now offer an extremely elegant and user-friendly, needleless approach to perform safer, more efficient closure of minimally invasive surgeries.”

The acquisition of neoClose is expected to expand Sharp Fluidics’ product portfolio. The company’s Operative Armour System leads the way in open surgery closure efficiency and safety.

American Association of Hip and Knee Surgeons orthopaedic surgeon and former president Mark Froimson said: “neoClose and Operative Armour reduce OR surgical times and improve OR staff safety, two of the most important initiatives that many leading hospitals have prioritised.”

neoClose is neoSurgical’s initial product and is approved in the US and Europe for commercial sale.

Surgical device company Sharp Fluidics specialises in developing and marketing medical technologies and devices to enhance surgical closure efficiency and safety.

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Find the right pricing strategy for your medical device

How do your competitors set prices in different markets? Will reducing your prices win market share from your main competitors? Do you need to position products differently for different markets? To find out, use our Global Brand Pricing tool to achieve optimal pricing for your devices. Detect price changes, understand competitor market positioning, and plan new product launches, by accessing this tool today. It features:
  • A proprietary algorithm that leverages numerous pricing sources, with an emphasis on real-world data
  • Estimates of the likely spread of selling prices per brand and manufacturer, as well as 3-year forecasts for prices
  • Medical device pricing data that can be tracked by market, company, and brand
  • Additional categories that can be built on a custom basis
Use our tool to access competitor pricing strategies across multiple geographies, and various dynamic case studies from the likes of Germany and China, to benchmark yourself against your competitors and future proof your pricing strategies.
by GlobalData
Enter your details here to receive your free Report.

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