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PolyTouch Medical Acquired by Covidien

Mon, 04/30/2012 - 7:03am

(PRNewswire) PolyTouch Medical Ltd., a leading developer of hernia mesh placement technologies, has been acquired by Covidien. PolyTouch developed a device for the precise and rapid deployment and placement of mesh during laparoscopic soft tissue repair procedures. PatchAssist was further developed to become AccuMesh, an innovative endomechanical device facilitating insertion, deployment and placement of mesh during laparoscopic ventral hernia repair. Covidien launched the AccuMesh device earlier this year.

The company was founded in March 2009 by Ofek Levin, Arik Levy and Lena Levin. "We are thrilled to have found a partner in Covidien for PatchAssist," commented Ofek Levin. "The rapid development of our technological platform and our success in gaining FDA clearance for this important product has resulted in this transaction."

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