A urological catheter that features a camera and a light to guide implantation is planning the second-generation version of its medical device. However, it’ll likely be a year or two before Columbus, Ohio-based PercuVision rolls out version 2.0 of its DirectVision System, which is designed to address urinary catheter problems and improve the Foley catheter […]
Urological catheterization company PercuVision has been awarded a $1.4 million commercialization loan by the Ohio Department of Development (ODOD). The loan will go toward a $1.9 million project in which the Westerville, Ohio-based company will create "customer demonstration units" for hospitals, Chief Operating Officer Earl Singh said.
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
The $29,000 device is essentially a catheter with a fiber-optic flashlight and camera at the end. Nurses, who usually perform catheter insertions, can see the catheter’s path and will be more likely to complete the procedure smoothly and quickly the first time, according to PercuVision. It will begin selling immediately.
The company raised more than $2.9 million through angel investors, according to a filing this week with the Securities and Exchange Commission. It has built what it calls a "visual guide" through the urethra that will cut down on problematic insertions into the urethra and cut health-care costs by eliminating costly procedures from catheter-related damage.