Private equity firm acquires disposable laryngotracheal topical anesthesia device company — 5 insights

Private equity firm Harter Investment Strategies acquired majority ownership of Guidance Airway Solutions.

Here's what you should know:

1. Harter acquired majority ownership in Guidance Airway to distribute the Firstlook LTA device, a novel, fully disposable device that provides laryngotracheal topical anesthesia while intubating.

2. The two companies will work together to bring Firstlook LTA to market.

3. Joshua Herskovic, MD, designed the device.

4. The device increases compliance with OSHA guidelines, while not requiring an additional procedural step.

5. Guidance Airways Solutions is in the process of earning FDA approval.

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