Smart Medical Systems

Company Overview

Snapshot

Founded in February 2005, Smart Medical Systems operates with 11–50 employees. The company has raised $14.5M across two funding rounds from four investors. In February 2021, Smart Medical Systems received additional FDA clearance for its G-EYE Colonoscope and commenced clinical work in the USA.

Business overview

Smart Medical Systems develops medical devices for gastrointestinal (GI) endoscopy, focusing on widespread, cost-effective solutions to enhance endoscopy for both doctors and patients. Its core product, the G-EYE endoscope, utilizes balloon technology to enable controlled withdrawal during colonoscopy, improving visibility and facilitating therapy. The G-EYE system, used with Smart's single-balloon disposables, can also function as an optimized two-balloon system for deep small bowel enteroscopy and double-balloon colonoscopy, serving the Health Tech & Life Sciences sector.

Strategic signal

In February 2020, Smart Medical Systems launched its G-EYE 760R Colonoscope in the European endoscopy market through FUJIFILM Europe, under a strategic distribution partnership. This collaboration provides a synergetic colonoscopy solution in the fight against colon cancer, signaling a significant expansion of the company's market reach and a validation of its technology through a major industry partner.

Company Intelligence Q&A

What is Smart Medical Systems' flagship product?

Smart Medical Systems' flagship product is the G-EYE endoscope, which enhances polyp detection and facilitates colonoscopy procedures through its balloon technology.

When did Smart Medical Systems receive additional FDA clearance for its G-EYE Colonoscope?

In February 2021, Smart Medical Systems received additional FDA clearance for its G-EYE Colonoscope and began clinical work in the USA.

What strategic partnership did Smart Medical Systems announce in February 2020?

In February 2020, Smart Medical Systems launched its G-EYE 760R Colonoscope in the European endoscopy market through FUJIFILM Europe, under a strategic distribution partnership with FUJIFILM Corporation.

What was a key strategic alliance for Smart Medical Systems in November 2013?

In November 2013, PENTAX Medical and SMART Medical Systems announced a strategic pan-European alliance aimed at changing the standard of care in colonoscopy.

Which investors participated in Smart Medical Systems' funding round in February 2018?

In February 2018, Smart Medical Systems received funding from investors including.