With the completion of the intellectual property (IP) transaction and the acquisition of all intellectual property assets of Viveve Medical Inc., InMode Ltd. has expanded its presence in the women’s health and wellness market significantly. Viveve is known for its focus on women’s wellness and the treatment of female stress urinary incontinence (SUI), making this acquisition a valuable addition to InMode’s offerings.
The transfer and registration of all Viveve’s worldwide patents under InMode Ltd. ensure that the company now has full control and ownership of these patents, further strengthening its position in the industry. Additionally, the exclusive licensing agreement previously signed with the University of California related to a bladder denervation patent provides InMode with even more cutting-edge technology and expertise in this field.
With this strategic move, coupled with InMode’s existing robust patent portfolio, the company has solidified its position as the global market leader in women’s wellness product development. This acquisition may open up new opportunities for innovation and expansion in the women’s health sector, benefiting both InMode and the patients it serves.
“Development of products for Women’s Wellness continues to be a strategic pillar of our long-term growth strategy. By investing in new patents and licensing rights, InMode is not only strengthening its intellectual property portfolio but is also reaffirming its commitment to commercializing innovative technologies. InMode protects its IP worldwide against any company that attempts to infringe its proprietary rights,” stated Moshe Mizrahy, InMode CEO.
About InMode:
InMode is a pioneering company in the medical technology field, focusing on innovative radiofrequency (RF) technology. The company’s dedication to developing, manufacturing, and marketing devices utilizing RF technology demonstrates its commitment to advancing medical procedures and enhancing existing treatments.
InMode’s approach of harnessing minimally-invasive RF technologies has enabled them to create a comprehensive range of products that cater to various medical specialties, including plastic surgery, gynecology, dermatology, otolaryngology, and ophthalmology. This wide array of medical technologies allows healthcare professionals in different fields to access cutting-edge tools and solutions to better serve their patients.
Disclaimer:
The information contained in this article is for educational and informational purposes only and is not intended as a health advice. We would ask you to consult a qualified professional or medical expert to gain additional knowledge before you choose to consume any product or perform any exercise.
