Advanced Search
Select a search constraint:
- All of Teleflex MedicalAll of Teleflex Medical (current selection)
- Only Asia, Japan, Latin AmericaOnly Asia, Japan, Latin America (current selection)
- Only CanadaOnly Canada (current selection)
- Only Europe, Middle East, and AfricaOnly Europe, Middle East, and Africa (current selection)
- Only United States of AmericaOnly United States of America (current selection)
Teleflex Acquires VasoNova Inc.: Transaction Adds Catheter Navigation and Location Confirmation Technology to Product Portfolio
On January 10, 2011, Teleflex Incorporated, a leading global provider of medical technology products, announced it had acquired privately-held VasoNova Inc. in a transaction valued at up to $55 million.
Based in Menlo Park, CA, VasoNova has developed a unique central venous catheter navigation technology that allows for real-time accurate confirmation of placement of peripherally inserted central catheters and central venous catheters in the lower one third of the superior vena cava, the optimal position for catheter tip location.
The addition of VasoNova's technology allows Teleflex to expand its vascular access product offerings and add real-time catheter tip positioning capability to a portfolio that is designed to permit clinicians to confirm central venous catheter location potentially without the need for an X-ray.
Paul Molloy, President and Chief Executive Officer of VasoNova said, "VasoNova's VPS™ technology is the first real-time intra-vascular catheter navigation technology that does not require external metal detectors or viewing screens, nor subjective interpretation of ECG signals. The combination of the VasoNova™ VPS™ technology and Teleflex's world-class vascular access product offerings are highly synergistic."
