Bolder Surgical

Bolder Surgical, established in 2010 under the name JustRight Surgical, carved a niche in the medical device sector by focusing on precisely designed surgical instruments for minimally invasive procedures. The company, led by President and CEO Robert Kline, initially centered its efforts on the pediatric market, addressing the need for smaller, appropriately-sized tools for surgeries on patients ranging from neonates to teenagers. A significant turning point in the company's trajectory occurred in November 2021, when it was acquired by Hologic, Inc., a global leader in women's health, for approximately $160 million. This strategic acquisition was set to expand Hologic's surgical portfolio and extend Bolder's technology into the significantly larger obstetrics and gynecology market.

The company's business model revolves around the development, manufacturing, and sale of advanced energy vessel sealing and dissection tools. Its products are distributed across the United States and internationally to hospitals and surgical centers. The acquisition by Hologic provided Bolder with access to a vast commercial channel and established relationships with OB/GYN specialists, creating a substantial growth opportunity. Prior to the acquisition, Bolder Surgical was projected to generate around $10 million in revenue for the 2021 calendar year.

Bolder Surgical's product line is distinguished by its focus on creating combination devices that enhance surgical efficiency by reducing the need for instrument exchanges. Key products include the CoolSeal™ Vessel Sealing platform, which features advanced bipolar radiofrequency (RF) technology. This platform includes the 3mm CoolSeal Mini™ vessel sealer and the 5mm CoolSeal Trinity™, a multifunctional instrument designed for dissection, vessel sealing, and dividing. These devices are noted for their slender, dual-action jaws and minimal thermal spread, which is crucial when operating near delicate structures. Another core offering is the JustRight® line, which includes a 3 mm vessel sealer and a 5 mm stapler, both created for procedures in confined surgical spaces.

Keywords: vessel sealing, laparoscopic surgery, pediatric surgery, surgical devices, minimally invasive, medical instruments, electrosurgical devices, OB/GYN surgery, advanced bipolar RF, CoolSeal, JustRight Surgical, surgical stapler, dissection tools, medical device manufacturing, Hologic, surgical technology, micro-laparoscopic, surgical efficiency, low power energy, thermal spread