Routine hernia repairs should achieve routinely positive outcomes. This is why we developed FasTouch, the only suture-like solution to provide reliable fixation in soft-tissue repair. By using the holding power and reliability of the closed-loop design, surgeons can be confident that the mesh adheres to abdominal walls during the crucial first few weeks post-surgery for healing to take place.
We elected to partner with Olive Tree Ventures in order to take our technology to market. The commercialization stage tends to require larger investment size as well as expertise and connections to support sales growth. OTV offers capabilities for larger, revenue stage investments as well as strong presence and connections in the US market. OTV has vast experience and expertise in commercializations and our partnership has been very successful. I am glad to have them on board.