Morgantown-based MedTech startup studio, Intermed Labs at Mon Health, is proud to announce its collaboration and funding of RetrieV, a revolutionary new suture passer system with patented needle technology to improve arthroscopic surgery of the shoulder, knee, and hip.
“We see incredible opportunity in this technology and are excited to open the doors to more innovation here at home,” explained Dr. Tom McClellan, cofounder of Intermed Labs at Mon Health. “Stronger, stiffer, smaller but using the same surgery techniques, RetrieV is well-positioned to disrupt a nearly $800 Million orthopedic market.”
Intermed Labs at Mon Health has invested seed capital in this Salt Lake, UT based company and is currently working to bench test, improve the design and engineering, build an experienced executive team, and secure venture funding for the go-to-market strategy.
“Arthroscopy has evolved to meet the changing needs of the population but there is still more that can be done,” said David Skinlo inventor of the RetrieV system. “We feel this new technology offers an enhanced design to help surgeons perform better procedures allowing patients to heal faster.
Intermed Labs at Mon Health engineering and medical acumen is the springboard RetrieV needed to get to market. I’m really excited about partnering with Intermed Labs at Mon Health.”
From its inception, Intermed Labs at Mon Health is focused on opening the door for transformational innovation and job creation in North Central West Virginia using the development and commercialization strategies from traditional technology hubs like Silicon Valley.
According to David Goldberg, President & CEO of Mon Health System, Entrepreneurs who have innovative ideas to advance the future of healthcare have a space at Mon Health and a world-class team to build, prototype and grow those ideas from across our country, right here close to home.
