Announced
Completed
Financials
Tags
monitoring system for urology
United States
urologic conditions diagnostic device provider
Private
digital health platform
Medical Equipment
Domestic
Minority
Completed
Friendly
Single Bidder
Acquisition
Private Equity
Synopsis
Patricia Industries-backed Laborie Medical Technologies, a global medical technology company, completed the investment in iO Urology, a venture-backed medical technology company. Financial terms were not disclosed. “At Laborie, we strongly believe in the value of patient education as a pathway to support the restoration of patient dignity. The team at iO Urology developed a state-of-the-art device with a dynamic patient ecosystem that empowers patient engagement as a superior standard of care. Our missions are closely aligned, making this a natural investment to continue accelerating Laborie’s position and expertise in the advanced diagnostics market,” Tim Panciera, Laborie Urology Business Unit Vice President and General Manager.
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