Mentor Worldwide Explained

Mentor Worldwide LLC
Type:Subsidiary
Foundation:, in Minneapolis, Minnesota, US
Location:Santa Barbara, California, U.S.
Key People:David J. Wilson (CEO)[1]
Edward S. Northup (COO)
Michael O'Neill (CFO)
Num Employees:2,000 (2007)
Industry:Medical equipment
Products:ContourProfile Gel breast implants
MemoryGel breast implants
NIA 24 skincare
See complete products listing.
Parent:Ethicon
Revenue:$302 million USD (2007)
Net Income:$57.6 million USD (2007)[2]

Mentor Worldwide LLC[3] is an American company that supplies surgical aesthetics products to plastic surgeons. The company is based in Santa Barbara, California. It produces one of two silicone gel breast implants. Titled MemoryGel, the product was approved by the U.S. Food and Drug Administration (FDA) on November 17, 2006. The other FDA-approved products are developed by competitors Allergan and Sientra. Mentor also produces a range of lipoplasty equipment for liposuction procedures as well as a Niacin-based skincare product line called NIA 24.

History

Mentor Corporation was founded in Minneapolis, Minnesota in 1969 by Christopher Conway, Eugene Glover, and Thomas Hauser.[4] [5] Mentor went public in 1970 and its first product line consisted of electronic laboratory instruments for the detection and measurement of the electrical activity of nerve cells and neural systems. Special urethral catheters for the treatment of urinary retention were introduced in 1975.

After acquiring the Heyer-Schulte division of American Hospital Supply in 1984.[6] Heyer Schulte manufactured implantable products. In 1985, Mentor moved its headquarters to Santa Barbara, California.

On Jan 23, 2009, Mentor was acquired by Johnson & Johnson,[7] [8] and is a stand-alone business unit reporting through Ethicon, Inc., a Johnson & Johnson company and provider of suture, mesh, hemostats, and other products for surgical procedures. Johnson & Johnson company markets its breast implant products in India with the name MentorConfidence.

Notes and references

Notes and References

  1. Web site: California Healthcare Institute Biography: David J. Wilson. dead. https://archive.today/20130619214641/http://www.chi.org/leadership/board-of-directors/david-j-wilson/. 2013-06-19.
  2. Web site: Mentor Corporation 2007 Annual Report View. 2008-06-12.
  3. Web site: Mentor Capital (MNTR) and Its Peers Head to Head Comparison . 24 April 2022 .
  4. Web site: 2000-09-29. Chief Executive of Mentor Quits. 2020-11-10. Los Angeles Times. en-US.
  5. Web site: Black. Sam. 3 July 2006. Coloplast moving to Minneapolis. Minneapolis/St. Paul Business Journal.
  6. Web site: Morris. Steven. 15 February 1994. BAXTER OKS $556 MILLION IMPLANT SETTLEMENT SHARE. 2020-11-10. chicagotribune.com. en-US.
  7. News: J&J to buy breast implant firm Mentor for $1.1 billion. 2008-12-01. Reuters. 2020-01-29. en.
  8. News: Johnson & Johnson Buys Medical Device Maker. 2008-12-01. The New York Times. 2020-01-29. en-US. 0362-4331.