Apollo Endosurgery Forges Distribution Agreement for the Ensizor Flexible Endoscopic Scissors

Apollo Endosurgery Inc., a global leader in less invasive medical devices for bariatric and gastrointestinal procedures, has entered into an agreement with Slater Endoscopy LLC to distribute the cold Ensizor Flexible Endoscopic Scissors in the United States, Europe, and select other markets.
 
The Ensizor Flexible Endoscopic Scissor is indicated to cut and dissect tissue and sutures during endoscopic procedures. The Edge Flex technology greatly enhances the cutting performance of endoscopic scissors by offering a very thin, yet rigid blade construction. The rigid armature provides unparalleled strength while the flexible blades ensure constant cutting contact providing physicians reliable and consistent cutting performance.
 
“The Ensizor scissors are complementary to OverStitch endoscopic suturing procedures. As the OverStitch user base expands and as physicians explore more uses for suturing, it is important for us to meet the need for cutting and removal of sutures,” said Todd Newton, CEO of Apollo Endosurgery. “We have been very impressed by the Ensizor technology and our customer base will find Ensizor to add value for their therapeutic endoscopic needs.”

The Ensizor Flexible Endoscopic Scissors are available for sale immediately through Apollo in the United States and select European countries.
 
The OverStitch endoscopic suturing system enables advanced endoscopic surgery by allowing physicians to place full-thickness sutures from a flexible endoscope. This new technology enables a secure approximation of tissue endoscopically and a wide range of less invasive solutions for physicians who treat defects in both the upper and lower GI tract of their patients. Additionally, physicians are leveraging endoscopic suturing to perform a variety of advanced bariatric procedures.

“We are excited to work with Apollo Endosurgery, in order to bring the Ensizor scissors to broader adoption in the growing area of therapeutic endoscopy,” said Charlie Slater, CEO of Slater Endoscopy.
 
Slater Endoscopy leverages its engineering strength and sales organization to serve customers in the United States and distribution partners worldwide. The company was founded in 2012 and is developing a product portfolio. Slater Endoscopy’s headquarters and manufacturing facility are located in Miami, Fla.
 
Apollo Endosurgery Inc. is a medical technology company focused on less invasive therapies for the treatment of obesity, a condition facing over 650 million people globally, as well as other gastrointestinal conditions. Apollo’s device based therapies are an alternative to invasive surgical procedures, thus lowering complication rates and reducing total healthcare costs. Apollo’s products are offered in over 70 countries today and include the OverStitch Endoscopic Suturing System, the ORBERA Intragastric Balloon, and the LAP-BAND Adjustable Gastric Banding System.
Apollo’s common stock is traded on Nasdaq Global Market under the symbol APEN.