Project title: A NOVEL DEVICE FOR RETRO-MUSCULAR MESH PLACEMENT IN HERNIA REPAIR

Company name : HERNIA SOLUTIONS LTD.


TECHNOLOGICAL FIELD
Health Care, Medical Device,
General Surgery, Hernia Repair

KEY WORDS
Hernia Repair


PROJECT SUMMARY
HERNIA SOLUTIONS LTD. has developed a unique solution that
enables the surgical treatment of hernias while avoiding the need
of:
* General anesthesia
* Long incision (open surgery)
* Long operation time
* Long healing process
* Complexity of the current procedure
* Current morbidities

HERNIA SOLUTIONS' device is a unique system to insert and deploy
a mesh for hernia repair procedures; the system allows insertion
of a mesh through a single 1.2cm incision and its quick
deployment and positioning of the mesh in a retro-muscular
approach.
The system fits the requirements of all abdominal hernias
(umbilical, inguinal, Ventral etc.) and all kinds of meshes in
the market.

THE MARKET
4.2M hernia repair procedures are currently preformed in the
western world per annum with a growth rate of 4.6% in procedural
numbers each year (2003-2008). The number of traditional
"Tension" procedures is decreasing each year by 1.2% ("Tissue to
Tissue"). Market is characterized by a larger acceptance for
proprietary meshes / devices with market leaders push towards
higher priced mesh (Light Weight meshes, Adhesion Preventing
meshes, Devices).
Market is rolled by few major players; among them are J&J
(Ethicon), Bard (Devol), Tyco HealthCare, Gore and others.


ENTREPRENEURS
Dr. Amir Szold - Medical Director
Mr. Moti Sholev - CTO
Mr. Itay Barnea - CEO


PROJECT STATUS
The Company was established in July 2007.
HERNIA SOLUTIONS is in the stage of finalizing animal trails
prior to filing to FDA and CE approval.
The company expectation is that it will be able to achieve rapid
FDA approval, using the fast "510K" route.

HERNIA SOLUTIONS expects short time to market that will enable
the company to catch the current trend, with its unique solution,
of moving towards device-based treatment, and to benefit from the
rapid growth market.


COOPERATION REQUIRED
Investment to accelerate development and strategic partnership
for market penetrati.
---------------------------------------------
TEL: 972-4-6818801; 972-54-8133440 FAX 972-4-6818806 EMAIL:
itay@hernia-solutions.com


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Incubator contact:
Mr. Zvi Rubinstein
POB 408, KIRYAT SHMONA 11013, ISRAEL
972-4-6818800
972-4-6818806
info@meytavti.co.il