Navigation Links
Zassi Medical Evolutions Spins out Electrical Stimulation Technology for Gastrointestinal Continence Control and Forms New Company with Technology Investment Firm
Date:1/12/2010

FERNANDINA BEACH, Fla., Jan. 12 /PRNewswire/ -- Zassi Medical Evolutions, a privately held organization that innovates, designs and develops high technology medical devices and software announced today that it has successfully spun out and formed a new company with Tucson, Arizona based Research Corporation Technologies (RCT) to pursue the continued development of a novel electrical stimulation technology for the gastrointestinal continence control market.  

The new company called Leto Medical, will employ an innovative electrical stimulation technology along with proprietary, single use disposables to restore continence control to individuals with colostomies for six to 12 hours per day during which time, they will not have to wear an ostomy pouch.  

A colostomy is created when an individual's colon and/or rectum is partially or completely removed or bypassed and the remaining healthy portion of the intestine is brought through the abdominal wall, forming what is referred to as a stoma. Ostomy surgery leaves the individual incontinent and primarily reliant on ostomy bags for waste management. Leto Medical's use of electrical stimulation technology to treat colostomy related incontinence, although unique, is following one of the fastest moving trends in the medical device industry today –  the use of electrical and neuro stimulation to treat a wide variety of chronic conditions.  Having been used in cardiac pacing for decades, electrical stimulation is now being clinically tested as a treatment for ailments such as chronic pain, Parkinson's disease, epilepsy, gastroparesis and obesity.  

"The market for ostomy supplies is estimated at nearly $2 billion annually and growing at over 4% per annum, and we believe that this market of consumers is desperate for an elegant and more discrete alternative than having to wear bulky bags and/or belts 24 hours of the day," said Peter M. von Dyck, CEO of Zassi Medical Evolutions and a founding board member of Leto Medical.  "We are proud to have partnered with RCT on this important new application as they are a seasoned technology investment firm with a longstanding and successful track record of working and funding new promising technologies that can materially evolve the life sciences."  

Chris Martin of RCT states, "We are pleased to be a part of this disruptive, game-changing technology to improve the lives of individuals with colostomies and to be working with such a talented group of people."

RCT is a Tucson-based technology investment and management company that provides early-stage funding and development for promising biomedical companies and technologies. RCT focuses on technology investments with origins from universities and research institutions worldwide. To learn more, see www.rctech.com.

Zassi Medical Evolutions, LLC, is a medical device innovation company specializing in the innovation & development of breakthrough medical device related technologies and software. To learn more, see www.zassimedical.com

SOURCE Zassi Medical Evolutions, LLC

RELATED LINKS
http://www.zassimedical.com

'/>"/>

SOURCE Zassi Medical Evolutions, LLC
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. e-Zassi.com Provides Industry With Online U.S. FDA Regulatory Calculator for Rapid Medical Device Technology Assessment
2. Sarnova Announces Acquisition of CVC, Inc. to Expand Portfolio of Specialty Medical Products
3. Dune Medical Completes Enrollment in MarginProbe(TM) Pivotal Trial for Real-Time Detection of Cancer During Breast Conservation Surgery
4. China Sky One Medical, Inc.s AMI Diagnostic Kit Recognized as a National Innovation Project by NDRC
5. Solta Medical Donates Fraxel re:store(R) Laser System to Grossman Burn Foundation
6. ATS Medical Announces Preliminary Fourth Quarter 2009 Results
7. Greenway Medical Technologies Advances Interoperability at Integrating the Healthcare Enterprise (IHE) North America Connectathon
8. Rochester Medical Announces First Quarter 2010 Earnings Conference Call Tuesday, January 26, 2010
9. VELOCITY Broadcasting Injects ROI into Pharmaceutical Sector by Engaging Medical Professionals with Experiential High-Definition Broadcast Events
10. Inverness Medical Innovations Offers to Acquire Standard Diagnostics
11. Salt Lake City Medical Research Center Tests New Drug To Treat Painful Menstrual Cramps
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/24/2016)... June 24, 2016  Global Blood Therapeutics, Inc. (GBT) ... developing novel therapeutics for the treatment of grievous ... the closing of its previously announced underwritten public ... the public offering price of $18.75 per share. ... offered by GBT. GBT estimates net proceeds from ...
(Date:6/24/2016)... -- Research and Markets has announced ... Applications, Technologies, Forecasts" report to their offering. ... Smart Skin, Structural Health Monitoring, Composite Smart Structures, ... involves electronic and/or electrical components and circuits that ... such as vehicle bodies or conformally placed upon ...
(Date:6/24/2016)... SAN CLEMENTE, Calif. , June 24, 2016 /PRNewswire/ ... pulmonary function testing company, is now able to perform sophisticated lung ... ndd Medical Technologies , Inc. Patients are ... labs.  Thanks to ndd,s EasyOne PRO ® , ARL patients like ... any needed testing done in the comfort of her own home. ...
Breaking Medicine Technology:
(Date:6/26/2016)... ... 2016 , ... Brent Kasmer, a legally blind and certified personal trainer is helping to develop ... The fitness app plans to fix the two major problems leading the fitness industry today:, ... all type program , They don’t eliminate all the reasons people quit their ...
(Date:6/25/2016)... , ... June 25, 2016 , ... ... policy issues and applications at AcademyHealth’s Annual Research Meeting June 26-28, 2016, at ... on several important health care topics including advance care planning, healthcare costs and ...
(Date:6/25/2016)... ... ... The temporary closing of Bruton Memorial Library on June 21 due to a possible lice ... overlooked aspect of head lice: the parasite’s ability to live away from a human host, ... a necessary one in the event that lice have simply gotten out of control. , ...
(Date:6/25/2016)... ... ... First Choice Emergency Room , the largest network of independent freestanding ... of its new Mesquite-Samuell Farm facility. , “We are pleased to announce Dr. ... James M. Muzzarelli, Executive Medical Director of First Choice Emergency Room. , Dr. ...
(Date:6/25/2016)... Oklahoma City, Oklahoma (PRWEB) , ... June 25, ... ... to helping both athletes and non-athletes recover from injury. Recently, he has implemented ... for the Oklahoma City area —Johnson is one of the first doctors to ...
Breaking Medicine News(10 mins):