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February 09, 2016 9:01 AM ET

Healthcare Equipment and Supplies

Company Overview of SurgiQuest, Inc.

Company Overview

SurgiQuest, Inc. manufactures and markets medical devices for minimally invasive surgery in the United States and internationally. The company offers AirSeal system for robotic and laparoscopic procedures, including urology, gynecology, colorectal, bariatric, and general surgery. It also provides AirSeal access ports that enable surgeons to extract larger specimens without having to dissect them inside the body; AirSeal Intelligent Flow System (iFS) unit, a computer-controlled device, which insufflates, measures pressure in real-time, responds to changes in the abdominal surgical environment, and continuously evacuates smoke from the abdominal cavity; AirSeal Filtered Tube Set, a single-use ...

488 Wheelers Farms Road

Milford, CT 06461

United States

Founded in 2005

124 Employees





Key Executives for SurgiQuest, Inc.

Founder, Chief Executive Officer, President and Director
Age: 53
Chief Financial Officer
Age: 44
Senior Director of Operations
Chief Medical Director
Director of Human Resources
Compensation as of Fiscal Year 2015.

SurgiQuest, Inc. Key Developments

CONMED Corporation, SurgiQuest, Inc. - M&A Call

To discuss CONMED Corporation's acquisition of SurgiQuest, Inc. for $265 million on a cash-free, debt-free basis

SurgiQuest Mulls Acquisitions

SurgiQuest, Inc., which has filed for an IPO in the amount of $75 million, is looking for acquisitions. The company stated, “We may also use a portion of our net proceeds to acquire and invest in complementary products, technologies or businesses; however, we currently have no agreements or commitments to complete any such transaction.”

SurgiQuest, Inc. Airseal System Receive FDA 510(K) Clearance for Transanal Endoscopic Surgery

SurgiQuest, Inc. announced that its AirSeal System received 510(k) Clearance from the FDA for Transanal Endoscopic Surgery (TES). To date, the growth of transanal endoscopic surgery has been limited due to the technological constraints of conventional insufflation technology which is unable to provide a consistent, smoke-free working space. Because the AirSeal System ensures stable insufflation of the rectum and provides continuous smoke evacuation, surgeons can now perform TES with increased confidence, thus enabling faster adoption and proliferation within the global colorectal community. The category of transanal endoscopic surgery includes both transanal minimally invasive surgery (TAMIS) and transanal total mesorectal excision (TaTME), a surgical technique that has been shown to significantly improve patient outcomes in colorectal cancer procedures.

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