Precise Light Surgical

Precise Light Surgical, founded in 2008 by Ken Arnold and Gerald Mitchell, developed advanced laser technology for the medical device market. The company's core product was a surgical laser resection solution, the O-Pel Scalpel, which utilized flash vaporization and pressure-induced tissue resection. This technology was designed to enable surgeons to remove delicate tissues with high precision by sending short pulses of light, which ejects tissue in nanoparticles rather than burning it. The key benefits included sparing collateral damage to nerves and blood vessels, leading to reduced bleeding, less scarring, and faster patient recovery.

The founders brought significant experience from the surgical laser industry. Ken Arnold, former VP of R&D at Laserscope, was instrumental in commercializing the GreenLight system, which became a standard of care. Gerald Mitchell has over 30 years of experience in surgical laser development, with key contributions at Coherent Medical and Laserscope. The company targeted its technology for use in various endoscopic microsurgeries, including plastic surgery, ENT, and neurosurgery. By enabling less invasive procedures, the technology aimed to lower healthcare costs and de-risk surgical practices, potentially shifting some surgeries to day centers or office settings.

Over its lifetime, the company raised approximately $13.4 million to $15.1 million in funding through multiple rounds from investors including Easton Capital Investment Group, Southern Cross Venture Partners, and Life Sciences Angel Network. In 2021, the company announced plans to establish an Asia-Pacific headquarters on the Gold Coast, Australia, to leverage local university expertise and major hospitals for global expansion. However, according to some sources, the company is now considered deadpooled.

Keywords: surgical laser, microsurgery, medical devices, tissue resection, flash vaporization, endoscopic surgery, nerve sparing, minimally invasive surgery, O-Pel Scalpel, ENT surgery, neurosurgery, surgical devices, medical laser equipment, pressure-induced tissue resection, collateral damage control, less invasive surgery, surgical innovation