Cardiovascular Business August 15, 2022
Michael Walter

Boston Scientific has announced its acquisition of Obsidio, a South Carolina-based medical device company that developed a new hydrogel material for the embolization of blood vessels. Specific financial details of the deal have not been shared with the public.

Obsidio’s Gel Embolic Material technology, or GEL for short, is delivered through a catheter and immediately conforms to the patient’s vasculature, forming a barrier. It was cleared by the U.S. Food and Drug Administration in July.

Biomedical engineer Ehsan Jabbarzadeh, PhD, a professor with the University of South Carolina, and interventional radiologist Rahmi Oklu, MD, PhD, a professor with the Mayo Clinic campus in Phoenix, founded Obsidio in 2019. In July 2021, the company secured a research grant from the National...

Today's Sponsors

LEK
ZeOmega

Today's Sponsor

LEK

 
Topics: Medical Devices, Mergers & Acquisitions / JV, Trends
Exo adds FDA-cleared AI tools to handheld ultrasound system
FDA spends $1.2M on VR-enabled hub to spur development of at-home care devices
FDA launches initiative to advance home healthcare models, devices
Is Telepathy Possible? Perhaps, Due To New Technology
FDA Proposes Updated Guidance Concerning Cybersecurity of Medical Devices

Share This Article