InnoLap Surgical

Company Overview

Snapshot

Founded in July 2012 by Igor Igov, InnoLap Surgical operated with 1–10 employees. The company was acquired by Teleflex in September 2013, marking a significant exit for the medical device innovator.

Business overview

InnoLap Surgical developed a device designed to enhance and simplify laparoscopic surgery, leveraging existing surgical expertise. Its platform aimed to provide the benefits of single-incision methods without the typical drawbacks, utilizing a standard port and three-millimeter needles for percutaneous insertion. These small punctures were designed to eliminate the need for stitches and prevent scarring. The company operated within the Health Tech & Life Sciences sector, specifically focusing on Medical Devices and Medical Treatment & Therapeutics.

Strategic signal

InnoLap Surgical's acquisition by Teleflex in October 2013 signaled a strategic move by a major multinational medical device company to integrate innovative, minimally-invasive surgical technologies. This acquisition validated InnoLap's scar-free laparoscopic procedure as a valuable advancement in surgical techniques, indicating a market demand for solutions that improve patient outcomes and simplify complex procedures.

Company Intelligence Q&A

What is InnoLap Surgical's core innovation?

InnoLap Surgical developed a device that improves and simplifies laparoscopic surgery, offering the benefits of single-incision methods without the drawbacks. It uses a standard port and three-millimeter needles for percutaneous insertion, designed to eliminate stitches and scarring.

When was InnoLap Surgical founded?

InnoLap Surgical was founded in July 2012.

Who was a co-founder of InnoLap Surgical?

Igor Igov was a co-founder of InnoLap Surgical.

Which company acquired InnoLap Surgical?

InnoLap Surgical was acquired by Teleflex in September 2013.

What was InnoLap Surgical's status after the acquisition?

Following its acquisition by Teleflex in September 2013, InnoLap Surgical became inactive.