Business Wire10.29.21
Medical device and technology company Lazurite (formerly Indago) has unveiled its ArthroFree wireless arthroscopic camera system.
“We are excited to introduce our ArthroFree wireless camera system,” said Eugene Malinskiy, CEO and founder of Lazurite. “This is an ideal venue for the first public exhibition of our device, which we believe orthopedic surgeons, along with the facilities where they practice, will find compelling. The ArthroFree system incorporates our proprietary low heat, high intensity Meridiem light engine technology with advanced camera, battery and wireless transmission technologies to create the world’s first fully wireless, minimally invasive camera system for the operating room. The system is designed to deliver improved OR productivity, patient safety, and economic value through cost-savings, energy efficiency and reduced setup/breakdown times. And, the ArthroFree system is designed to be fully drop-in compatible with current operating room technology.’’
The ArthroFree wireless arthroscopic camera system has not yet received U.S. Food and Drug Administration (FDA) clearance and is not currently approved for human use. It is not intended for commercial distribution; orders cannot be accepted at this time. The company plans to submit its 510(k) premarket notification in late 2021 and expects to receive FDA approval to launch the product in the first half of 2022.
Lazurite also announced that Scott Leube has joined the staff as director of Business Development. He has more than 20 years of leadership experience selling capital equipment, implantables, biologics, and disposables in highly competitive markets. His industry knowledge was gained while working for industry leaders such as Zeiss Surgical, Nuvasive, United States Surgical Corporation, and recently as the Distributor Principle of MedAction Inc.
In addition, the company once again welcomes aboard James Williams, M.D., chief medical advisor. He joined officially in early 2021. Williams is retired chief of orthopedic surgery at Cleveland Clinic (Euclid). During his career, he served as assistant team physician for the Cleveland Indians and the Cleveland Cavaliers, and as head team physician at John Carroll University and many Cleveland high schools.
“Jim is one of our original and most enthusiastic advisors, and he offers key insights from a customer’s perspective,” Malinskiy said. “His acuity and steady presence add tremendous value to our endeavor.”
Lazurite is a pre-revenue medical device startup company backed by private capital. The company has raised approximately $18 million to date from institutional investors, high-net worth individuals, and more than 50 physician champions. Founded in Cleveland in 2015, Lazurite has developed novel technology that will enable it to create the operating room of the future. The company’s product pipeline features the ArthroFree wireless camera system, the world’s first fully wireless minimally invasive camera system platform designed for the operating room; ORFree, the world’s first fully wireless mobile minimally invasive surgical camera platform; and others based on the company’s novel and patented Meridiem light engine technology.
“We are excited to introduce our ArthroFree wireless camera system,” said Eugene Malinskiy, CEO and founder of Lazurite. “This is an ideal venue for the first public exhibition of our device, which we believe orthopedic surgeons, along with the facilities where they practice, will find compelling. The ArthroFree system incorporates our proprietary low heat, high intensity Meridiem light engine technology with advanced camera, battery and wireless transmission technologies to create the world’s first fully wireless, minimally invasive camera system for the operating room. The system is designed to deliver improved OR productivity, patient safety, and economic value through cost-savings, energy efficiency and reduced setup/breakdown times. And, the ArthroFree system is designed to be fully drop-in compatible with current operating room technology.’’
The ArthroFree wireless arthroscopic camera system has not yet received U.S. Food and Drug Administration (FDA) clearance and is not currently approved for human use. It is not intended for commercial distribution; orders cannot be accepted at this time. The company plans to submit its 510(k) premarket notification in late 2021 and expects to receive FDA approval to launch the product in the first half of 2022.
Lazurite also announced that Scott Leube has joined the staff as director of Business Development. He has more than 20 years of leadership experience selling capital equipment, implantables, biologics, and disposables in highly competitive markets. His industry knowledge was gained while working for industry leaders such as Zeiss Surgical, Nuvasive, United States Surgical Corporation, and recently as the Distributor Principle of MedAction Inc.
In addition, the company once again welcomes aboard James Williams, M.D., chief medical advisor. He joined officially in early 2021. Williams is retired chief of orthopedic surgery at Cleveland Clinic (Euclid). During his career, he served as assistant team physician for the Cleveland Indians and the Cleveland Cavaliers, and as head team physician at John Carroll University and many Cleveland high schools.
“Jim is one of our original and most enthusiastic advisors, and he offers key insights from a customer’s perspective,” Malinskiy said. “His acuity and steady presence add tremendous value to our endeavor.”
Lazurite is a pre-revenue medical device startup company backed by private capital. The company has raised approximately $18 million to date from institutional investors, high-net worth individuals, and more than 50 physician champions. Founded in Cleveland in 2015, Lazurite has developed novel technology that will enable it to create the operating room of the future. The company’s product pipeline features the ArthroFree wireless camera system, the world’s first fully wireless minimally invasive camera system platform designed for the operating room; ORFree, the world’s first fully wireless mobile minimally invasive surgical camera platform; and others based on the company’s novel and patented Meridiem light engine technology.