The Neural Introventional Co. (NICO) has developed a minimally invasive medical device to remove tumors and tissues from the brain. An Indianapolis Business Journal article featuring NICO's new technology mentions Medivative Technolgies' continued role in providing high-quality contract manufacturing to the growing medical device industry.

From the August 4, 2008, edition of IBJ (Page 7): Startup NICO resassembles Suros' management team

Now that NICO has assembled a management team, its top priority is to develop a prototype medical device. Brian Dougherty, Rose-Hulman Ventures' manager of engineering, said he's had a team of four working on NICO's device for five months.

Once RHV completes its work, Dougherty said, the plan is to hand the project over to locally based Medivative Technologies LLC-the same U.S. Food and Drug Administration contract manufacturer that helped produce Suros' device. NICO intends to launch its product early next year.

To read the full article, visit this link on IBJ.