Telefex Acquires Bariatric Stapling Technology Innovator

By HospiMedica International staff writers
Posted on 05 Sep 2022

Teleflex Incorporated (Wayne, PA, USA) has entered into a definitive agreement to acquire Standard Bariatrics, Inc. (Cincinnati, OH, USA) which has commercialized an innovative powered stapling technology for bariatric surgery. Under the terms of the agreement, Teleflex will acquire Standard Bariatrics for an upfront cash payment of USD 170 million at closing, with additional consideration of up to USD 130 million payable upon the achievement of certain commercial milestones.

The Titan SGS from Standard Bariatrics addresses unmet needs in sleeve gastrectomy by offering surgeons the longest continuous staple cutline of 23 centimeters. This first-of-its-kind stapler may help users achieve more consistent and symmetrical sleeve pouch anatomy, setting their patients up for optimized outcomes. While every patient's anatomy is different, the Titan SGS long staple line enables surgeons to plan and place staples in one firing, minimizing variations sometimes associated with the use of multiple overlapping short-cartridge staple firings. Additionally, the design may result in a more secure staple line and fewer chances of leaks, as evidenced with higher burst pressures.

Image: Titan SGS’ first-of-its-kind design ensures more consistent staple formation (Photo courtesy of Standard Bariatrics)

“Teleflex’s strategy is to invest in innovative products and technologies that can meaningfully enhance clinical efficacy, patient safety and comfort, reduce complications, and lower the overall cost of care,” said Liam Kelly, Chairman, President and Chief Executive Officer. “The acquisition of Standard Bariatrics adds an exciting and differentiated product serving the large and growing sleeve gastrectomy market, which we estimate to be approximately 120,000 procedures annually in the U.S. In addition, the deal enables Teleflex to leverage our strength in our existing bariatric surgeon call point, with a differentiated product that complements many of our key surgical products, including our ligation portfolio, MiniLap Percutaneous Surgical System and Weck EFx Fascial Closure Portfolio.”

Founded in 1943, Teleflex has grown from an operating company focused on engineering to a pureplay medical device company through a series of acquisitions.

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