Trice Medical makes new orthopedic acquisition: 3 takeaways

Written by Mackenzie Garrity | February 07, 2019 | Print  |

Trice Medical plans to acquire S.E.G-WAY Orthopaedics, a producer of minimally invasive orthopedic solutions.

Three takeaways:

1. SegWAY developed the Endoscopic Carpal Tunnel Release, a device to support minimally invasive carpal tunnel surgeries.

2. Trice Medical understands the growing need for accurate, cost-effective orthopedic diagnostic solutions and developed its mi-eye, a fully-disposable arthroscopic camera.

3. Financial terms of the deal were not disclosed.

"The SegWAY acquisition transforms Trice Medical into the first company that offers both minimally invasive orthopedic diagnostic and surgical solutions,” said Jeffrey O’Donnell Sr., CEO of Trice Medical. “We’re looking forward to integrating the SegWAY offerings and building on our combined strengths. One of the areas we’re looking at is using our minimally invasive camera technology in the operating room as well."

More articles on devices and implants:
Osso VR awarded $222K by National Science Foundation: 4 things to know
Minimally invasive spine company uses Fitbit to track patients' improvements: 3 notes
Stryker, Medtronic, Zimmer Biomet & more: 13 device company notes

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies here.

Top 40 Articles from the Past 6 Months