Asalus Medical Devices Ltd
A new Cardiff University spin-out company has been formed on the back of research conducted at Wales Institute of Minimal Access Therapy (WIMAT). Asalus Medical Instruments Ltd was formed as part of the ongoing relationship between Cardiff University and Fusion IP.
Asalus incorporates a number of technologies developed by Mr Neil Warren, with three inventions aimed at improving laparoscopic surgery techniques. Cardiff University filed patents on three medical device technologies, which have now been transferred to Asalus.
Mr Warren commented:
“Fusion's support, both commercially and financially has been invaluable and we look forward to bringing our novel product range to market in the near future. The work at WIMAT is at the forefront of minimally invasive surgery training and it was this hands-on experience that enabled me to come up with the concepts for the Asalus range of laparoscopic devices.”
Fusion IP has determined that the number of laparoscopic procedures conducted has grown rapidly with over 2 million laparoscopic operations performed each year in the US alone. A 2006 report by BCC Research estimated the global market for laparoscopic surgery devices and instruments was worth US$12 billion in 2005, and is expected to grow to US$18.5 billion by 2011.

