STOCKHOLM, April 1, 2020 /PRNewswire/ -- Hygiene and
health company Essity is strengthening its offering in incontinence
products through the acquisition of the Dutch company Novioscan.
The company develops a wearable ultrasound technology that monitors
the bladder and enables continence control. The purchase price is
approximately SEK 70m (EUR 6.5m) on a debt-free basis.
The SENS-U innovation is a wearable ultrasound sensor that
measures the level in the bladder. It sends a discrete notification
that allows the user to empty their bladder in time. A version
of SENS-U for children is already available in the market and
an adult version is under development.
"The SENS-U technology is an innovative solution that will
strengthen Essity's offering in incontinence care and give
consumers an opportunity to live a healthier and more active life,"
says Ulrika Kolsrud, President
Health and Medical Solutions of Essity.
Novioscan was founded in 2014 in Nijmegen, the Netherlands, and has ten employees, all of
whom will remain in the company.
Essity is the leading global player in incontinence products
with the TENA brand. Incontinence affects 4-8% of the world's adult
population. Essity works to break barriers and the stigma
associated with incontinence to improve well-being and help people
live life to the fullest.
For further information, please contact:
Per Lorentz
Vice President, Corporate Communications
+46-8-788-52-51
per.lorentz@essity.com
Johan Karlsson
Vice President, Investor Relations
+46-8-788-51-30
johan.ir.karlsson@essity.com
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Essity acquires smart
ultrasound technology for incontinence care
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SOURCE Essity