Medigus to Present at the Innovation in Gastroente

OMER, Israel, Jan. 03, 2017 (GLOBE NEWSWIRE) -- Medigus Ltd. (NASDAQ: MDGS ) (TASE: MDGS ), a medical device company developing minimally invasive endosurgical tools and a leader in direct visualization technology, announced today that Yaron Silberman, PhD, Vice President of Sales and Marketing, will present the Medigus Ultrasonic Surgical Endostapler, or MUSE™ system during the Inventors Corner Session at the Innovation in Gastroenterology, 2017 Symposium, on January 4, 2017 at 5:50pm Israel time (UTC/GMT +2 hours). The conference will take place at the Hilton Hotel, Tel Aviv, Israel from January 4-6, 2017.  

The Inventors Corner Session will provide a forum for physicians and researchers to meet entrepreneurs, investors, hedge-fund representatives and well-established pharmaceutical companies to share innovations, daily clinical knowledge and cutting-edge developments and the latest advances of clinical management in the field of gastroenterology.

Silberman will present MUSE, a comprehensive device which incorporates microvisual, ultrasonic and surgical stapling capability. The device allows a single physician or surgeon to perform fundoplication (stapling of the upper part of the stomach to the lower esophageal sphincter) transorally (without incisions). Since the device doesn’t require any incisions, patients generally report greater comfort during the procedure and experience reduced hospital stays by up to 50% over invasive fundoplication procedures.

Innovation in Gastroenterology attendees can learn more about the MUSE system by visiting www.medigus.com .

Innovation in Gastroenterology, 2017 Symposium This will be an exclusive event where gastroenterologists, researchers, and the pharmaceutical industry from all over the world can meet and learn about novel emerging technologies as well as practical gastroenterology and hepatology.

About MUSE ™ The MUSE system is a leading technology in Natural Orifice Endoscopic Surgery procedures. The single operator system performs anterior partial fundoplication with standard surgical staples in a less invasive way, compared to other surgical procedures. Its intuitive endosurgical platform consists of a single use flexible surgical endostapler, equipped with a proprietary miniature camera, an ultrasonic sight and a range finder. The endostapler, which resembles an endoscope, is designed to be operated by a single user, includes a handle with controls, an 80cm flexible shaft, a 5cm rigid section holding a cartridge with 5 standard 4.8mm titanium surgical staples, a ratchet controlled one-way articulating section, and a distal tip. The MUSE system is FDA cleared and CE marked and has obtained the necessary licenses to market the product in Canada and Israel.

About Medigus Medigus is a medical device company specializing in developing minimally invasive endosurgical tools and highly innovative imaging solutions. They are the pioneer developer of the MUSE™ system, an FDA cleared and CE marked endoscopic device to perform Transoral Fundoplication (TF) for the treatment of GERD (gastroesophageal reflux disease), one of the most common chronic conditions in the world. In 2016, the CMS established the Category I CPT® Code of 43210 for TF procedures, such as the ones performed with MUSE, which establishes reimbursement values for physicians and hospitals. MUSE is gaining adoption in key markets around the world – it is available in world-leading healthcare institutions in the U.S., Europe and Israel. Medigus is also in the process of obtaining regulatory clearance in China. Medigus is traded on the Nasdaq Capital Market and the TASE (Tel-Aviv Stock Exchange). To learn more about the company’s advanced technology, please visit www.medigus.com or www.RefluxHelp.com .

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MEDIA CONTACT: Chantal Beaudry Lazar Partners Ltd. 212-867-1762 cbeaudry@lazarpartners.com INVESTOR RELATIONS CONTACT (U.S.): David Carey Lazar Partners Ltd. 212-867-1762 dcarey@lazarpartners.com INVESTOR RELATIONS CONTACT (Israel): Iris Lubitch/ Noam Yellin SmarTeam 972-3-6954333 Iris@Smartteam.co.il Noam@Smartteam.co.il