Patricia Industries-backed Laborie Medical Technologies completed the investment in iO Urology.

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.