Trice Medical to Purchase SegWAY Orthopaedics

By Julie A. Vetalice

Trice Medical will acquire SegWAY Orthopaedics, provider of minimally invasive systems to treat the extremities, such as the Endoscopic Carpal Tunnel Release device.

The move complements Trice's diagnostic technology, the mi-eye™ disposable arthroscopic camera. Together the companies seek to effect efficient, cost-positive solutions through use of diagnostics, small instruments and minimal use of anesthesia.

"The SegWAY acquisition transforms Trice Medical into the first company that offers both minimally invasive orthopedic diagnostic and surgical solutions,” said Jeffrey O’Donnell Sr., CEO of Trice Medical. “We’re looking forward to integrating the SegWAY offerings and building on our combined strengths. One of the areas we’re looking at is using our minimally invasive camera technology in the operating room as well."

Other products in the SegWAY portfolio address cubital tunnel syndrome, gastrocnemius equinus contracture and plantar fasciitis.

Source: Trice Medical

Product Labels: Upper Extremity, Lower Extremity

Tags: M&A