Growing ENT market attracts Cook

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Bloomington-based Cook Medical has established a division to capitalize on the growing market for minimally invasive procedures to fix problems in ears, noses and throats, as well as other maladies of the head and neck.

Cook announced the division, its 10th, on Monday during the American Academy of Otolaryngology-Head and Neck Surgery conference in Washington, D.C.

In the United States, those markets will grow by 4 percent to 5 percent over the next five years, reaching $500 million in device sales by 2016, according to a projection issued in October by Toronto-based Millennium Research Group.

Every year, 300,000 Americans get endoscopic sinus surgery, spending more than $1 billion, according to research by Columbia University.

“As we met with physicians, we heard loud and clear that they saw many opportunities for minimally invasive medical devices in this field,” Thomas Cherry, global leader for Cook Medical’s Otarlaryngology/Head and Neck Surgery division, said in a prepared statement.

Cook’s new division will focus on: soft tissue repair, salivary gland disease, chronic sinusitis, vocal cord paralysis, obstructive sleep apnea, and interventional airway and esophageal procedures. It is introducing three product lines this week aimed at the salivary glands, esophagus and  thyroid.

Cook has made catheters and other devices for minimally invasive surgeries since its founding in 1963. Its other divisions include products for  interventional radiological tests, opening blood vessels, fixing urological problems and addressing women’s health issues.

"Cook Medical has a solid and lengthy track record in innovating minimally invasive technologies, and has the ability to help transform the way we may approach such things as reducing post-tonsillectomy pain or advancing our understanding of the treatment of sinusitis,” Dr. Patrick Melder of ENT Associates of North Georgia, said in a prepared statement released by Cook. Melder is a paid consultant for Cook.

 

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In