Mentor (company)

Last updated
Mentor Worldwide LLC
Type Subsidiary
Industry Medical equipment
Founded1969;54 years ago (1969), in Minneapolis, Minnesota, US
Headquarters Santa Barbara, California, USA
Key people
David J. Wilson, CEO [1]
Edward S. Northup, COO
Michael O'Neill, CFO
Products ContourProfile Gel breast implants
MemoryGel breast implants
NIA 24 skincare
See complete products listing.
RevenueIncrease2.svg$302 million USD (2007)
Increase2.svg$57.6 million USD (2007) [2]
Number of employees
2,000 (2007)
Parent Ethicon
Website www.mentorwwllc.com

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.

Contents

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.[ citation needed ]

After acquiring the Heyer-Schulte division of American Hospital Supply in 1984. [6] Heyer Schulte manufactured implantable products. [6] In 1985, Mentor moved its headquarters to Santa Barbara, California. [5]

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

  1. "California Healthcare Institute Biography: David J. Wilson". Archived from the original on 2013-06-19.
  2. "Mentor Corporation 2007 Annual Report View" (PDF). Retrieved 2008-06-12.
  3. "Mentor Capital (MNTR) and Its Peers Head to Head Comparison". 24 April 2022.
  4. "Chief Executive of Mentor Quits". Los Angeles Times. 2000-09-29. Retrieved 2020-11-10.
  5. 1 2 Black, Sam (3 July 2006). "Coloplast moving to Minneapolis". Minneapolis/St. Paul Business Journal.
  6. 1 2 Morris, Steven (15 February 1994). "BAXTER OKS $556 MILLION IMPLANT SETTLEMENT SHARE". chicagotribune.com. Retrieved 2020-11-10.
  7. "J&J to buy breast implant firm Mentor for $1.1 billion". Reuters. 2008-12-01. Retrieved 2020-01-29.
  8. "Johnson & Johnson Buys Medical Device Maker". The New York Times. 2008-12-01. ISSN   0362-4331 . Retrieved 2020-01-29.

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