US Endoscopy

Devices & Diagnostics

CEO: $270M acquisition of US Endoscopy is STERIS’ “most significant deal … in many years”

Medical device company STERIS Corp. (NYSE:STE) will acquire fellow device company US Endoscopy Inc. for $270 million to expand its presence in the GI market, the company announced today. “This is the most significant deal STERIS has done in many years,” CEO Walt Rosebrough told investors, analysts and reporters on a conference call Tuesday morning. […]

Devices & Diagnostics

US Endoscopy introduces new surgical retrieval device

Medical device firm US Endoscopy has released a new device for the retrieval of foreign objects from patients’ gastrointestinal tracts. The Mentor, Ohio-based company says its new Raptor grasping device combines the functionality of two devices into one, offering “strength and precision” in retrieving foreign bodies, according to a statement from US Endoscopy. The Raptor […]

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Mentor, Ohio: City of opportunity for medical technology jobs

All of a sudden, Mentor, Ohio, has become a hot spot for job growth in medical device and equipment companies. STERIS Corp. (NYSE: STE), the maker of contamination-control technologies, as well as sophisticated operating room equipment, is closing a leased facility in Erie, Penn. and plans to transfer most of the 240 jobs to Mentor […]

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US Endoscopy eyes $4.7M expansion, job-creation incentives

US Endoscopy‘s chief operating officer hopes city and state economic development programs will help his company to keep innovating. The Mentor, Ohio, company makes endoscopic products aimed at unmet needs in the burgeoning market for minimally invasive surgical procedures of the digestive system. It offers about 140 products — many of them accessories that enable […]

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US Endoscopy sells big blue cushion for heads

It looks like something your kids may have done in their pre-kindergarten arts and crafts lesson. But US Endoscopy is high on the Boost, which promises to stabilize the head for a series of specific procedures using an endoscope, a tube-like device that slides into the human body to explore areas within. The company says it's never found a bigger unmet need than the one the Boost fills.