Aspero Medical is focused on improving gastrointestinal endoscopy for the patient and physician. Its differentiated products improve endoscopy while providing financial incentives for providers, improving patient outcomes and reducing the total cost of care. Aspero Medical's first product, the patented Ancora Pillar Balloon Overtube, allows endoscopists to go further, faster, during small bowel enteroscopy. Ancora achieves a better grip on mucosa without injury, enabling scope advancement for deep visualization, better diagnostic procedure stability and seamless integration with existing procedure workflow. This reduces procedure time, sedation and frustration and improves patient throughput and lab profitability. Aspero Medical's second product, C-Tube, improves current colonoscopy screenings and enables advanced endoscopy procedures currently referred for colorectal surgery at a higher cost and greater patient morbidity. C-Tube features include (1) a split overtube design allowing for intraoperative use, being attached mid-procedure, in an on-demand manner; (2) integrated working channels that enable additional tools at the surgical site; and (3) a C-shaped Pillar balloon for effective stabilization.
Funding Sought: $5m