Glenveigh at a glance* Formed in 2004* Moved to Chattanooga in early 2009* Products manufactured in Ireland* Co-founder Dr. David Adair is a physician at Erlanger hospital* CEO Richard Proctor is a former GlaxoSmithKline executive.* The newly released Ebb and Jetty enter what is estimated to be a $90 billion market for medical devices.Source: Glenveigh
Medical company Glenveigh has introduced two disposable medical devices after 3 1/2 years of research.
The company named its new products Ebb and Jetty, which are designed to address two of the most costly conditions in health care that stem from pregnancy complications, Glenveigh executives said.
Through the application of pressure, Ebb and Jetty control post-birth bleeding more efficiently than other devices, CEO Richard Proctor said. The devices allow doctors to repair damage incurred during the 5 percent of births that require emergency intervention.
“When you cut your arm, you apply pressure and it stops the bleeding,” Mr. Proctor said, as he described how the polyurethane balloons inflate to possibly save a mother’s life.