PeerMedical

Diagnostic Devices for the Gastrointestinal System

Health Tech & Life Sciences
Acquired (Inactive) by EndoChoice on Feb 2013 - closed due to acquisition
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Company Overview

Snapshot

Founded in January 2009, PeerMedical operates with 201–500 employees. The company was acquired by EndoChoice in February 2013.

Business overview

PeerMedical specializes in the development of innovative medical devices for the endoscopy arena, focusing on diagnostic devices for the gastrointestinal system. The company's core product is an endoscope designed to diagnose gastrointestinal polyps, offering a broader image of the bowel compared to traditional colonoscopy. PeerMedical serves the healthcare industry, specifically within the Health Tech & Life Sciences sector, with a focus on Medical Devices and Diagnostics Devices.

Strategic signal

In February 2013, PeerMedical was acquired by EndoChoice, marking a significant exit for the company. This acquisition indicates a successful validation of PeerMedical's proprietary and patented endoscopy technologies, suggesting a strategic fit within a larger medical device company and potential for broader market reach for its diagnostic solutions.

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Company Intelligence Q&A

What is PeerMedical's primary focus?
PeerMedical develops innovative medical devices for the endoscopy arena, specifically diagnostic devices for the gastrointestinal system.
When was PeerMedical founded?
PeerMedical was founded in January 2009.
What is PeerMedical's main product?
PeerMedical's main product is an endoscope designed to diagnose gastrointestinal polyps, providing a broader image of the bowel than traditional colonoscopy.
When was PeerMedical acquired?
PeerMedical was acquired by EndoChoice in February 2013.
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