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    Greatbatch Extends Its Relationship with WiTricity to Include Wireless Energy Transfer for Implantable and Interventional Medical Devices

    Investing News Network
    May. 04, 2016 09:32AM PST
    Medical Device Investing

    WATERTOWN, Mass. & FRISCO, Tex.–(BUSINESS WIRE)–WiTricity, the industry pioneer in wireless power transfer over distance, today announced that Greatbatch, a global developer and manufacturer of medical devices and components, has extended its relationship with WiTricity to leverage its wireless energy transfer technology in the development of implantable medical device applications. Under the terms of this …

    WATERTOWN, Mass. & FRISCO, Tex.–(BUSINESS WIRE)–WiTricity,
    the industry pioneer in wireless power transfer over distance, today
    announced that Greatbatch,
    a global developer and manufacturer of medical devices and components,
    has extended its relationship with WiTricity to leverage its wireless
    energy transfer technology in the development of implantable medical
    device applications. Under the terms of this expanded licensing and
    collaboration agreement, Greatbatch licenses WiTricity’s intellectual
    property (IP) for the purpose of commercializing efficient,
    high-performance wireless charging and power system solutions across a
    wide range of medical devices, including active implantable and
    interventional applications.
    Unlike the consumer electronics and automotive industries, where
    wireless energy is reaching an inflection point, the healthcare industry
    continues to struggle with cords and power transfer limitations. With
    more than 51 million surgeries taking place annually in the US1,
    operating rooms are frequently challenged by the tangle of power cords
    that can hamper procedural efficiency. Considering that more than 150
    million people worldwide are candidates for power-centric
    neurostimulation implants2, significant opportunity exists to
    untether the healthcare space for physicians and their patients,
    enabling therapy delivery with fewer limitations.
    WiTricity and Greatbatch announced Greatbatch’s plans to design and
    develop advanced wireless power transfer solutions for surgical and
    portable medical equipment in August 2015.
    This new agreement expands collaboration between Greatbatch and
    WiTricity to cover a broad range of medical devices and systems.
    Greatbatch intends to work closely with customers to define
    opportunities to leverage WiTricity technology into medical devices and
    clinical applications where wireless power transfer solutions can
    address unmet clinical needs, enabling critical innovation in the
    current and next generations of implantable, interventional and portable
    medical devices.
    “Medical devices and systems are primed for a revolution, and wireless
    power transfer will allow designers to develop smaller, safer, easier to
    use and more reliable solutions for physicians and patients,” said
    Declan Smyth, president of Advanced Surgical, Orthopedics and Power
    Solutions at Greatbatch. “Our continued efforts with WiTricity will
    expand our innovation in wireless power transfer for the medical device
    industry and we’re looking forward to leading the way in this important
    market segment.”
    WiTricity’s patented technology offers unique benefits for the medical
    device industry. Flexible positioning and increased distance for high
    efficiency charging – as well as the ability to charge through
    non-metallic materials such as plastic and glass – allow designers to
    remove contacts and create sealed systems. Harnessing wireless power
    transfer has the potential to ease sterilization, reduce procedure time
    and maintenance and increase reliability for these critical tools. With
    the ease and increased charging opportunities provided by wireless
    charging, battery size may be reduced, decreasing weight and offering a
    more ergonomic experience for users. In addition, WiTricity’s technology
    has the potential to significantly improve the usability and efficiency
    of implantable devices charged or powered through the skin.
    “Implantable medical applications are a natural fit for WiTricity
    technology, allowing new designs that increase patient comfort, reduce
    battery sizes and deliver a better overall patient experience,” said
    WiTricity CEO Alex Gruzen. “Working with Greatbatch, a decided leader in
    medical device design and manufacturing, enables WiTricity to address
    the medical market as quickly and efficiently as possible.”
    Greatbatch will be exhibiting at the Heart Rhythm Society’s 37th
    Annual Scientific Sessions, May 4 – 7, 2016, at the Moscone Center in
    San Francisco, CA. Visit booth 1214 to learn more.
    About WiTricity
    WiTricity Corporation provides technology to
    enable wireless power transfer over distance using magnetic resonance.
    Through deep domain expertise, semiconductor offerings, a strong IP
    portfolio and an extensive reference design library, WiTricity works
    with innovative companies to incorporate WiTricity technology in their
    products and solutions. With a growing list of global customers in the
    consumer electronics, automotive, medical devices and defense
    industries, the company has emerged as the leader in wireless power
    transfer over distance. For more information, visit www.witricity.com,
    or follow WiTricity on Facebook, Twitter and LinkedIn.
    About Greatbatch, Inc.
    Greatbatch, Inc. (NYSE:GB) is
    one of the largest medical device outsource (MDO) manufacturers in the
    world serving the cardiac, neuromodulation, orthopedics, vascular,
    advanced surgical and portable medical markets. The company provides
    innovative, high quality medical technologies that enhance the lives of
    patients worldwide. In addition, it develops batteries for high-end
    niche applications in energy, military, and environmental markets. The
    company’s brands include Greatbatch Medical, Lake Region Medical and
    Electrochem. Additional information is available at www.greatbatch.com.
    In October 2015, Greatbatch, Inc. completed its acquisition of Lake
    Region Medical, with the combined company expected to be renamed Integer
    Holdings Corporation later this year following stockholder approval.
    1 Centers for Disease Control & Prevention, National Center for Health
    Statistics, https://www.cdc.gov/nchs/fastats/inpatient-surgery.htm
    2 Medtech Insight, Neurostimulation Market, March 2013.

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