US Endoscopy’s acquisition of Genii, Inc.

US Endoscopy, a leader in endoscopy device design and manufacturing, has announced the acquisition of Genii, Inc.

Based in St. Paul, Minnesota and founded in 2007, Genii (pronounced Jen-EYE) is a medical device manufacturer specializing in electrosurgery products and accessories used in GI endoscopy procedures. Genii’s current products include a state-of-the-art electrosurgery generator unit (ESU) and an array of complementary disposable accessories.

Genii is recognized as an innovation leader in the electrosurgery market. Electrosurgery is required to resect, cauterize/burn tissue during endoscopic polypectomy and hemostasis procedures. The proprietary offerings include the gi4000 electrosurgery unit (ESU), a compact unit with integrated Argon coagulation, monopolar, bipolar and lavage capabilities. The portfolio also includes the Touchsoft Coagulator® monopolar probe, ArC Smart™ argon probes, ArConnect™ argon probe connector, Gonogo™ active cord tester, disposable argon canisters and other accessories.

US Endoscopy, a subsidiary of STERIS Corporation, is a world leader in endoscopy device design and manufacturing, serving the U.S. and international gastrointestinal endoscopy markets.

Jones Day has advised STERIS Corporation in the transaction with a team led by partner James Dougherty.

 

Involved fees earner: James Dougherty – Jones Day;

Law Firms: Jones Day;

Clients: STERIS Corporation;

 

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Author: Ambrogio Visconti