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Laborie Medical Technologies Invests in Novocuff

07.18.24

The Firm represented Laborie Medical Technologies Corp., a Patricia Industries portfolio company, in connection with its investment in Novocuff, Inc.

Novocuff is a medical device company dedicated to improving pregnancy outcomes and reducing preterm births caused by Preterm Premature Rupture of Membrane and cervical shortening.

Headquartered in Portsmouth, New Hampshire, Laborie is a global medical technology company focused on Urology, Urogynecology, Gastroenterology, Obstetrics, Gynecology & Neonatal Health. It manufactures and delivers high-quality, high-impact diagnostic and therapeutic products that help clinicians and hospitals preserve and restore patient dignity.

Patricia Industries is a long-term owner that invests in companies and works to develop each company to its full potential. Patricia Industries is a part of the industrial holding company Investor AB, whose main owner is the Wallenberg Foundations.

The Simpson Thacher team included Michael T. Holick, Sean Dougherty and Nate Yang (Corporate); Vanessa Burrows (Healthcare Regulatory); and Drew Purcell and Andrew Mandelbaum (Tax).