Bioceptive
Bioceptive
Bioceptive is a New Orleans-based medical device startup built on a patent-pending intrauterine device (IUD) inserter that minimizes complications associated with currently used inserters and insertion techniques for implanting long-term contraceptive devices like the Mirena produced by Bayer Health Care. Bioceptive intends to partner or license its IUD inserter technology to current and emerging IUD contraceptive drug makers to get quick access to the market and reduce risk. Because of exhaustion of the patent life on the current generation of IUD devices, this market segment is expected to diversify significantly, with a profound need for next-generation IUD inserters, which Bioceptive plans to capitalize on.