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CooperSurgical acquires Aegea Medical and its water vapor ablation system

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CooperSurgical CooperCompanies Aegea Medical Mara water vapor ablation system
Aegea Medical’s Mara water vapor ablation system [Image courtesy of CooperSurgical]
CooperCompanies’ (NYSE:COO) CooperSurgical business has purchased Aegea Medical, nearly a year after Aegea secured FDA approval for its Mara water vapor ablation system for treating heavy menstrual bleeding.

The financial terms of the deal were not disclosed in the companies’ announcement yesterday.

The companies pointed out an international, multi-center pivotal clinical trial enrolling 155 women, in which 93% of women reported no to moderate bleeding after treatment with the Mara system. The two-minute, in-office Mara treatment ablates the lining of the uterus — the source of heavy menstrual bleeding among pre-menopause women.

“The Mara water vapor ablation system gives women a great option for a safe and convenient in-office procedure to help with what can often be a debilitating health issue,” CooperSurgical CEO Holly Sheffield said in a news release.

 

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About Chris Newmarker

Chris Newmarker is the executive editor of WTWH Media life science's news websites and publications including MassDevice, Medical Design & Outsourcing and more. A professional journalist of 18 years, he is a veteran of UBM (now Informa) and The Associated Press whose career has taken him from Ohio to Virginia, New Jersey and, most recently, Minnesota. He’s covered a wide variety of subjects, but his focus over the past decade has been business and technology. He holds bachelor’s degrees in journalism and political science from Ohio State University. Connect with him on LinkedIn or email at [email protected].