Lexington Medical

Lexington Medical

Develops advanced surgical stapling technology

About

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.

Company Stage

Series B

Employees

51-200

Industries

Biotechnology, Healthcare

Total Funding

$6.6M

Headquarters

Billerica, Massachusetts

Founded

2013


Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for minimally invasive surgeries boosts Lexington Medical's market potential.
  • Advancements in biocompatible materials offer opportunities for product enhancement.
  • The trend towards value-based healthcare aligns with Lexington Medical's product benefits.

What critics are saying

  • Increased competition from emerging startups threatens Lexington Medical's market share.
  • Rapid advancement of robotic-assisted systems may reduce demand for traditional staplers.
  • Supply chain vulnerabilities could impact Lexington Medical's production capabilities.

What makes Lexington Medical unique

  • Lexington Medical specializes in minimally invasive surgical stapling solutions.
  • The company is vertically integrated, ensuring high quality and control over production.
  • Their Powered Stapling System has FDA clearance, highlighting their commitment to innovation.

Help us improve and share your feedback! Did you find this helpful?


Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%

Recently Posted Jobs

Sign up to get curated job recommendations

Lexington Medical is Hiring for 0 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Lexington Medical's jobs every 8 hours, so check again soon! Browse all jobs →