Veol Online Newsroom

MorSafeTM Power Morcellation Bag Receives

MorSafeTM makes power morcellation safer for the European medical community

Mumbai, India and Toronto, Canada

Veol Medical Technologies is pleased to announce that MorSafe™, a tissue isolator bag designed specifically for use with a power morcellator, has received CE certification. The Versator System, which now encompasses the MorSafe™ bag, is now available in the European market.

MorSafe™ has been invented and designed to address the lack of enclosed bag alternatives in the market and it has been designed and indicated specifically for morcellation.

A power morcellator, used during laparoscopic surgeries to cut tissues involving hysterectomy (removal of the uterus) and myomectomy (removal of the uterine fibroids) has come under heavy scrutiny recently for the potential risks involved with the spread of uterine sarcoma, a type of cancer.

"MorSafe™ is the world's first and currently the only approved isolation bag for power morcellation to my knowledge." says Mangesh Patankar, CEO of Veol Medical Technologies. "With this technology we can now reach out to many more patients and offer them safer laparoscopic surgeries"

The majority of enclosed morcellation solutions currently being discussed involve the use of off the shelf specimen bags designed for use in various other procedures and adapting them for off-label use.

"I am hoping that many more doctors will get trained on the use of MorSafe™ worldwide" says Dinesh Diwakar, VP R&D. "We are dedicated to learning new innovative ways to make the surgery even better, easier and quicker. We have a series of new products in the pipeline and will ensure that we offer the best options to our clients in a timely manner"

"With the addition of MorSafe™ and its unique two port design, allowing for greater visibility for the surgeon, the Versator System is poised to become the solution of choice for many doctors world-wide" says Kevin Norris, VP Sales and Marketing. "MorSafe™ was available in some markets since September 2014 and hundreds of procedures have already been successfully performed thereby translating, potentially, into many lives saved."

More information on Versator System, and latest related research, can be found on www.safemorcellation.com.

Regarding availability in your market, contact Veol Medical Technologies. This product is not yet available for sale in the USA.

 

About Veol Medical Technologies

Veol Medical Technologies is based in Mumbai, India and is a product development firm specializing in the development of products in the fields of Gynecology, Urology and Women's Health. The company is ISO 13485:2012 certified and strives to provide innovative medical solutions to the healthcare community that assist in providing better patient outcomes while reducing overall costs. Mr. Norris is based in Toronto, Canada.

Content: Veol Medical Technologies

Contact:

Sales and Marketing inquiries - Mr. Kevin Norris, VP Sales and Marketing, kn@veollabs.com

Technical inquiries - Mr. Dinesh Diwakar, VP Technology, dd@veollabs.com

For general queries contact: info@safemorcellation.com

Contact:

Mangesh Patankar C.E.O.

Veol Medical Technologies

1-91 - 9892332477

mp@veollabs.com

www.veolmedtech.com

 
 

Power Morcellation made safer - MorSafe tissue isolation bag launched by Veol Medical Technologies

Designed specifically for the unique requirements of power morcellation

On 30 September 2014 Mumbai, India and Toronto, Canada

Veol Medical Technologies is pleased to unveil MorSafe™, a tissue isolator bag designed specifically for use with a power morcellator.

MorSafe™ has been invented and designed to address the lack of enclosed bag alternatives in the market designed specifically for morcellation.

A power morcellator, used during laparoscopic surgeries to cut tissues involving hysterectomy removal of the uterus) and myomectomy (removal of the uterine fibroids) has come under heavy scrutiny recently for the potential risks involved with the spread of uterine sarcoma, a type of cancer.

"As laparoscopic surgery offers many advantages to a patient vis-\E0-vis an open surgical option, it would not be right or fair to patients if a safe but minimally invasive surgical option is not available for hysterectomy and myomectomy procedures. As you can see by the media coverage, this issue has been debated seriously within the medical community and the press at large" says Mangesh Patankar, CEO of Veol Medical Technologies.

The majority of enclosed morcellation solutions currently being discussed involve the use of off the shelf specimen bags designed for use in various other procedures and adapting them for off- label use.

"While it has been tried, we do not necessarily believe in the efficacy or the safety of the use ofo ff-label morcellation bags long term" says Dinesh Diwakar, VP R&D. "We have been very fortunate to have been working on a morcellation bag for many years that takes into account such factors as the variability of uterine tissue, the usability aspects, safety aspects and the skill set required of the surgeon. I am confident that MorSafe™ addresses these issues and we look forward to the market response to this approach"

The MorSafe™ device has been tried by several leading medical practitioners including Dr. P.G. Paul and Dr. Mahesh Patwardhan for myomectomy and hysterectomy respectively with positive results.

"It is very clear that the morcellation market is looking at and is open to new techniques and new solutions as morcellation provides many benefits to the patients" says Kevin Norris, VP Sales and Marketing, "and we believe that the MorSafe™ bag can assist in improving patient outcomes".

The MorSafe™ bag was introduced to the Indian market September 22ndcurrently in line to obtain a CE mark for MorSafe™ by November 2014 and introduce the product to the European market.

Regarding availability in other markets, contact Veol Medical Technologies. This product is notyet available for sale in the USA.

 

About Veol Medical Technologies:

Veol Medical Technologies is based in Mumbai, India and is a product development firmspecializing in the development of products in the fields of Gynecology, Urology and Women's Health. The company is ISO 13485 certified and strives to provide innovative medical solutions to the healthcare community that assist in providing better patient outcomes while reducing overall costs. Mr. Norris is based in Toronto, Canada.

Content: Veol Medical Technologies

Contact:

Sales and Marketing inquiries - Mr. Kevin Norris, VP Sales and Marketing, kn@veollabs.com

Technical inquiries - Mr. Dinesh Diwakar, VP Technology, dd@veollabs.com

For general queries contact: info@veollabs.com

Contact:

Mangesh Patankar C.E.O.

Veol Medical Technologies

1-91 - 9892332477

mp@veollabs.com

www.veolmedtech.com

 

New off-site Medical Device 'Proof of Concept' Center designed to reduce R&D cost pressures on device manufacturers

Developing and evaluating early stage IP while reducing costs is the goal of the Center

On 25 March 2013 Mumbai, India

Veol Medical Technologies is pleased to announce the opening of our new 'Proof of Concept' Center designed specifically to offer medical device companies the opportunity to continue to develop innovative new products while addressing significant industry cost pressures.

The off-site center is being organized as a one-stop shop to meet client requirements for quick and efficient 'Proof of Concept' evaluations and will be staffed with a seasoned team of experts covering market analysis to identify unmet needs, concept generation, industrial design, embedded systems design and prototyping. It is designed to fit seamlessly with in-house R&D personnel.

"There has never been a shortage of good ideas. However, evaluating, managing and investing in only winning ideas has never been more important given the increasing cost pressures in the industry" says Mangesh Patankar, CEO, Veol Medical Technologies.

The 'Proof of Concept' Center is designed to be able to either innovate new product concepts or develop existing concepts very quickly and cost effectively so that clients have the opportunity to make sound long term investments only in concepts that merit investment without compromising innovation or quality.

"We believe that by outsourcing the proof of concept function, a company will have the ability to look at many more concepts thus raising the bar for innovation and increasing the number of projects in the pipeline" adds Patankar. "We also expect it to create a faster turnaround to identify promising new concepts and significantly reduce company R&D expenditures, not only directly but also indirectly as internal R&D resources will be able to focus strictly on long term product development"

Large companies like Ethicon, Covidien, and Stryker, to name a few have taken advantage of such creative hubs and have rightly achieved faster, efficacious and successful technological benefits.

"Considering the constant demand from the market for effective yet cheaper products, the fixed price contracts at the GPO level, and the incoming effects of the 2.3% medical device tax, the time is ripe to look at a new model for medical device R&D" adds Kevin Norris, VP Sales and Marketing, Veol Medical Technologies.

Veol Medical Technologies is an Indian-based exclusively medical device product development firm that provides superior healthcare solutions at cost-effective rates. The company is ISO 13485 certified and offers services designed to assist corporations in reducing R & D costs and tailoring products specifically designed for expansion into emerging markets.

It has many success stories to share over the past 7 years in helping big corporates achieve their goals. It strives to offer a range of services right from market research, concept generation, prototyping, pilot manufacture, clinical validation to regulatory submissions for challenging surgical requirements. To know more about their services and the list of projects undertaken, please visit www.veolmedtech.com.

 

Contact:

Mangesh Patankar C.E.O.

Veol Medical Technologies

1-91 - 9892332477

mp@veollabs.com

www.veolmedtech.com