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Medical Devices & Tech

Invendo Medical

Peterhofstrasse 3b
Kissing, NY D-86438 Germany
Phone
Fax

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Research Sector Medical Devices & Tech

Summary Description Disposable, easy-to-use and potentially sedationless endoscopes for gastroenterological applications

Management Berthold Hackl, Chief Executive Officer; Timo Hercegfi, Chief Financial Officer; Dr. Christoph Schnuerer-Patschan, Head of Technical Operations; John J. Cifarelli, Executive VP Global Markets

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Keywords: colonoscopy, remote opterated endoscope, sedationless colonscopy,

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Updated: Dec. 06, 2013


Description

Invendo medical aims to become a globally leading developer and distributor of novel disposable endoscopy products in the field of gastroenterology, including a single-use, potentially sedationless co......view more

Products / Services

First product to be marketed will be a single-use, handheld-controlled and potentially sedationless colonoscope - the invendoscope.......view more

Technology / Differentiation

Combining a highly flexible endoscope with proprietary inverted sleeve technology, this device minimizes forces applied to the intestinal wall during colonoscopy, thereby enabling performance of the p...view more

Market / Customers

Approximately 20 million colonoscopies are performed each year; since many eligible individuals elect not to undergo the full procedure, this represents a fraction of the true market potential.......view more


Competitors / Substitutes / Alternatives

Olympus Medical, Pentax, Fujinon...view more

Revenue / Funding

VC-funded (TVM Capital, Wellington Partners, Heidelberg Innovation, 360 Capital Partners)....view more

Status

The company anticipates the launch of its product in the first half of 2010, and is seeking $20 million in expansion capital for the end of 2009/early 2010 to fund U.S. market introduction efforts....view more

Analyst Coverage


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