USGI Medical Stock

USGI Medical develops technologies that enable incisionless surgeries that treat diseases through the natural passageways of the body.

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About USGI Medical Stock

USGI Medical develops technologies that enable incisionless procedures which help patients return to normal activities and lifestyles faster compared to traditional laparoscopic and open surgery. USGI’s Incisionless Operating Platform (IOP) provides surgeons the operating platform and specialized tools they need to perform surgery through a patient’s mouth or other natural orifices, reducing the need for external incisions into the abdomen. USGI has demonstrated the breakthrough capability to reliably and durably fixate and plicate GI tract tissue without an incision. Operating through the body’s natural orifices offers promise for less pain, shorter hospital stays, reduced risk of wound infection and no external scars – and is rapidly becoming an option demanded by patients and healthcare providers.

Funding History

December 2001$3.5M
December 2003$12.0M
July 2006$21.0M
May 2012$16.5M
July 2014$9.0M
January 2015$19.5M

Management

CEO

Carlos Babini

COO

Tracy Maahs

Chairman of the Board

Guy P. Nohra

Press

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