InnoLap Surgical

Company Overview

Snapshot

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

Business overview

InnoLap Surgical develops a device designed to enhance and simplify laparoscopic surgery, providing the benefits of single-incision methods without their typical drawbacks. Its platform utilizes a standard port and three-millimeter needles inserted percutaneously, which do not require stitches and prevent scarring. The company operates within the Health Tech & Life Sciences sector, specifically focusing on Medical Devices and Medical Treatment & Therapeutics, serving healthcare providers.

Strategic signal

In October 2013, Teleflex acquired InnoLap Surgical. This acquisition highlighted the strategic value of InnoLap's scar-free laparoscopic procedure technology, signaling strong market interest in minimally invasive surgical solutions and validating the company's innovative approach in the medical device industry.

Company Intelligence Q&A

What is InnoLap Surgical's core technology?

InnoLap Surgical developed a device that leverages existing surgical expertise to improve and simplify laparoscopic surgery, offering the benefits of single-incision methods without the drawbacks. It uses a standard port and three-millimeter needles inserted percutaneously, which do not require stitches and do not leave scars.

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 as a portfolio company?

InnoLap Surgical was a portfolio company of Trendlines Medical until its acquisition in 2013.