Howard Fine of the LABJ writes about Proa Medical as an incubator-accelerator that nurses medical inventions and offers a shot in the arm to those looking to improve medical devices. “Proa’s big advantage is that we have all the areas of expertise needed to bring product to market in our group," said Dr. Carrie Nichols.
The article reports that several major women’s health product companies have already expressed interest in Proa Medical's Brella Vaginal Retractor. Last month, Proa received clearance from the U.S. Food and Drug Administration to sell a new version of its device for gynecological examinations. Proa Chief Executive Arman Nadershahi said the company has nine other medical products in various stages of development. He explained that when Proa develops devices and is granted clearance from the FDA to market them, the devices become much more appealing to major medical products companies.