Business
Turbett Surgical Announces Recapitalization and Growth Investment by J.P. Morgan Life Sciences Private Capital
ROCHESTER, N.Y., January 27, 2026--Turbett Surgical Announces Recapitalization and Growth Investment by J.P. Morgan Life Sciences Private Capital
About this update from Jp Morgan Chase & Co.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":480,"height":206,"url":"https://media.zenfs.com/en/business-wire.com/09d3e784d573a92ee2e7598569ee6c53"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/w6NZphL7Xuz3vcGwBVz9vg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTQxMjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/09d3e784d573a92ee2e7598569ee6c53","width":480,"height":206}},"lazy":false},{"type":"text","content":"ROCHESTER, N.Y., January 27, 2026--(BUSINESS WIRE)--Turbett Surgical, Inc., an innovative medical device company dedicated to improving the efficiency of the operating room (OR) and sterile processing department (SPD), today announced a recapitalization and growth investment by J.P. Morgan Life Sciences Private Capital. Turbett Surgical’s Instrument Pod provides hospital and ambulatory surgery center (ASC) customers a sterilization solution that dramatically reduces surgical paper waste and saves OR and SPD staff time in preparing instrument trays and the OR for surgery.","length":577,"tagName":"p"},{"type":"text","content":"Proceeds from the financing will provide working capital to fuel further product innovation and help the company scale its commercial team to meet overwhelming customer demand for the Instrument Pod solution.","length":208,"tagName":"p"},{"type":"text","content":""Our team is thrilled to partner with Turbett on their mission to accelerate growth, and bring this eco-friendly and labor sparing solution to more hospital and ASC customers," said Joe Siletto, Managing Partner at J.P. Morgan Life Sciences Private Capital. "Every year tons of medical waste are generated by the antiquated ‘blue wrap’ method of surgical tray preparation for sterilization. The Instrument Pod solution eliminates the need for blue wrap while saving customers valuable staff time in preparing trays for surgeries."","length":550,"tagName":"p"},{"type":"text","content":""The investment from J.P. Morgan Life Sciences Private Capital is a wonderful evolutionary step for Turbett Surgical, allowing us to accelerate our mission of increasing surgical efficiency. J.P. Morgan Life Sciences Private Capital will facilitate reach into even more hospitals and ASC's surgical and sterile processing departments, where we will con...