« Return to News | Drug Sponsors | R&D Trends

Sanofi acquires Pluromed, expands presence in biosurgery

Friday, March 16, 2012 04:12 PM

Sanofi has entered into an agreement with Pluromed to acquire the medical device company based in Woburn, Mass.

Through the acquisition, Sanofi will pick up Pluromed’s proprietary polymer technology, Rapid Transition Polymers (RTP), which pioneers the use of injectable plugs to improve the safety, efficacy and economics of medical interventions. Sanofi will commercialize LeGoo, one of Pluromed’s RTPs, for use during surgical procedures. FDA approved and CE marked, LeGoo is a thermo-sensitive biocompatible and non-toxic liquid gel that forms a plug when injected into a blood vessel to temporarily stop blood flow. The plug dissolves rapidly via cooling or spontaneously after several minutes.

"The acquisition of Pluromed underscores Sanofi's commitment to strengthen its biosurgery portfolio," said Alison Lawton, senior vice president and general manager, Sanofi Biosurgery. "LeGoo is a breakthrough technology with the potential to change the paradigm of vascular and cardiovascular surgical procedures, by providing fast, temporary control of blood flow while avoiding vessel trauma associated with standard of care."

"LeGoo represents a major advancement in surgical technology because of its ability to control bleeding without clamps or snares that can injure delicate blood vessels," added Dr. William E. Cohn, director, minimally invasive surgical technology, Texas Heart Institute in Houston. "I believe this technology will be widely adopted in cardiovascular surgery and perhaps in other fields in the future."  

The acquisition is subject to customary closing conditions.

Share:          
CLINICAL TRIAL RESOURCES

Search:

NEWS ONLINE ARCHIVE

Browse by:

CWWeekly

September 30

Novartis-Walgreens pilot study blurring the line between retail pharmacy, investigative site

CISCRP to launch traveling science museum exhibit to demystify clinical trial participation

Already a subscriber?
Log in to your digital subscription.

Subscribe to CWWeekly.

The CenterWatch Monthly

October

New growth and decline in Asia clinical trials
South Korea, Japan, China see big growth in 1572s, while India posts huge drop

Harnessing Big Data to transform clinical trials
From protocol to patient recruiting, data analytics can yield valuable insights

Already a subscriber?
Log in to your digital subscription.

Purchase the October issue.

Subscribe to
The CenterWatch Monthly.

The CenterWatch Monthly

September

Sponsors look to collaborate on comparator drugs
Co-therapies, comparators are in 60% of studies, cost $25m per company a year

Early adopters implement risk-based monitoring pilot programs
Experiments aim to offer long-term solutions, despite short-term uncertainties

Already a subscriber?
Log in to your digital subscription.

Purchase the September issue.

Subscribe to
The CenterWatch Monthly.

JobWatch centerwatch.com/jobwatch

Featured Jobs

More Jobs

 

Copyright © 1995-2013 CenterWatch.