A Morgantown medical device company whose innovation improves bariatric surgery procedures has secured a $175,000 angel investment from the Country Roads Angel Network (CRAN), the state’s only accredited angel investment network.
Endolumik, Inc. was founded in May 2020 by Mara McFadden, chief executive officer, and Dr. Nova Szoka, inventor of the surgical device. McFadden has a track record of launching new medical devices and has worked with industry leading companies such as Johnson & Johnson and Philips Healthcare. Dr. Szoka is a bariatric surgeon who will lead clinical development of the product. Earlier in 2021, this team secured a licensing agreement from West Virginia University to begin to position the product for commercial use.