Innovia Medical Acquires MD Resource to Expand Aesthetic Surgery Portfolio with Liposuction and Fat Transfer Systems

Recently, VCBeat (WeChat ID: vcbeat) learned from foreign media reports that specialized surgical company Innovia Medical has announced the acquisition of medical aesthetics company Medical Device Resource (MD Resource). This acquisition will integrate MD Resource’s liposuction cannulas, surgical tubing, and AquaVage systems for fat collection into Innovia’s existing product lines, thereby enriching Innovia Medical’s portfolio of cosmetic surgery solutions. Financial terms of the transaction were not disclosed.

Medical Cosmetology refers to a cosmetic approach that employs pharmaceuticals, surgical procedures, medical devices, and other invasive or irreversible medical techniques to restore and reshape facial appearance and the contours of various body parts. Originating in ancient Egypt, medical cosmetology is an art dedicated to enhancing beauty.

With the continuous improvement of people's living standards and the growing demand for healthcare services among the general population, the medical aesthetics and plastic surgery industry has also seen sustained development, with hundreds of thousands of individuals undergoing various medical aesthetic and plastic surgical procedures each year.

Medical Device Resource, established in 1985 and headquartered in Livermore, California, USA, is a manufacturer and distributor of liposuction and fat transfer systems, specializing in the medical aesthetics surgical market. For 30 years, MD Resource has been producing and selling liposuction and fat transfer systems for the plastic and cosmetic surgery market.

Innovia Medical, founded in 1978 and headquartered in St. Paul, Minnesota, USA, is a specialized surgical company. The company is dedicated to collaborating with healthcare professionals to help enhance patient care services and improve clinical outcomes. Innovia Medical provides better services to the global medical community and patients by developing innovative solutions that improve the quality of healthcare delivery.

Innovia Medical develops and designs medical solutions exclusively for healthcare professionals and their patients, providing the following care services: 1. Saving time for healthcare professionals and patients; 2. Delivering a consistent and predictable care experience; 3. Enhancing patient confidence and reducing physical discomfort by shortening recovery times.

Terry Meredith, CEO of Innovia Medical, said, “Since its establishment in 1985, MD Resource has become a respected global supplier in the field of plastic and aesthetic surgery, achieving tremendous success through high-quality services and trustworthy customer relationships.”

“We believe MD Resources is an excellent fit for our aesthetic surgery strategy. The addition of their products will enable Innovia to offer the industry’s most comprehensive portfolio of fat grafting solutions for aesthetic surgery patients. This acquisition helps enrich Innovia’s suite of solutions, all designed for healthcare professionals and their patients,” added Terry Meredith.

“MD Resource CEO Mel Kimsey stated, ‘We are delighted to partner with Innovia Medical. The medical aesthetics industry holds significant promise, and we will continue to expand our presence in the cosmetic surgery market.’”

(Compiled by Cheng Tao)