Cork medtech company acquired by German firm

AventaMed was spun out of Munster Technological University in 2015, specialising in ENT technologies

Olive O'Driscoll, co-founder of Cork medical technology startup AventaMed.

Cork-based medical technologies company, AventaMed has been acquired by German firm, Karl Storz for an undisclosed amount.

Originally spun out of Munster Technological University in 2015, the Cork firm developed a breakthrough single-use medical device, Solo+ TTD that addresses pain points of the current treatment of the surgical tympanostomy, a procedure that drains out the excess fluid built up in the ear.