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Intermed Labs at Mon Health invests in technology to improve knee, hip and shoulder surgery
News Highlights: Intermed Labs at Mon Health invests in technology to improve knee, hip and shoulder surgery
MORGANTOWN, W.Va. – Morgantown-based medical technology start-up studio, Intermed Labs at Mon Health, announced the collaboration and funding of RetrieV, a revolutionary new suture delivery system with patented needle technology to provide arthroscopic surgery of the shoulder, knee, and hip.
Dr. Tom McClellan, co-founder of Intermed Labs, said RetrieV’s inventor is based in Salt Lake City, Utah, but now that an investment has been made, all of the work to market it will be done in Morgantown. McClellan called the idea novel and the inventor talented because he said this new technology could revolutionize the industry. As things stand, he said, arthroscopic surgery needles are expensive, don’t work well for more than a few uses, and have design and functionality issues.