Lexington Medical

Develops advanced surgical stapling systems

Billerica, Massachusetts, United States

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About Lexington Medical

Lexington Medical focuses on surgical stapling technology for hospitals and surgical centers, particularly in bariatric and gastrointestinal surgeries. Their advanced stapling systems aim to improve clinical outcomes by reducing complications and shortening hospital stays. The company controls all aspects of product development and manufacturing to ensure high quality, utilizing automation in their Massachusetts facility. Lexington Medical's goal is to enhance surgical procedures and become a trusted partner for surgeons worldwide.

Billerica, MassachusettsHeadquarters
2013Year Founded
$6.6MTotal Funding
SERIES_BCompany Stage
Biotechnology, HealthcareIndustries
51-200Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
Paid Vacation
Performance Bonus

Risks

Increased competition from emerging startups threatens market share.
Supply chain vulnerabilities could disrupt production of stapling systems.
Potential patent litigation risks may impact innovation pipeline.

Differentiation

Vertically integrated, ensuring high quality and control over product development.
State-of-the-art manufacturing facility in Massachusetts with latest automation technologies.
FDA clearance for Powered Stapling System, highlighting commitment to innovation.

Upsides

Growing demand for minimally invasive surgeries boosts surgical stapling market.
Rise of outpatient surgeries offers opportunities in ambulatory surgical centers.
Global bariatric surgery market growth aligns with Lexington's focus.