Swallow Solutions Acquired By Idea Fund of La Crosse

by Taylor Kennedy

Swallow

Swallow Solutions has been acquired by the Idea Fund of La Crosse for its SwallowSTRONG medical device, the company announced recently.

According to a release, the Idea Fund paid $500,000 and created a new portfolio company to acquire the device, called Swallow Therapeutics. However, the acquisition will not impact Swallow Solution’s remaining business operations.

The SwallowSTRONG device treats dysphagia with a custom-molded mouthpiece and software that work together to help patients perform a regimen that improves tongue strength.

Swallow Solutions ended sales of SwallowSTRONG in June 2018 due to “diminished” demand, according to a blog post.