Skip to content

Canada's Business and Tech Newsroom

  • Professional Subscription
  • Partnerships & Advertising
  • Licensing & Syndication
Log In Subscribe
Welcome,
  • My Account
  • Log Out
  • Business
  • Tech
  • National
  • The Big Read
  • Briefings
  • Commentary
Search
Log In Subscribe
Welcome,
  • My Account
  • Log Out
News

With FDA approval for flagship product, Montreal medtech firm My01 sets sights on U.S. market

MONTREAL — A Montreal company backed by a Quebec medtech investment consortium has received approval from the Food and Drug Administration to bring its flagship product, a device that can diagnose a potentially fatal orthopedic condition, to the U.S. market. 

News

With FDA approval for flagship product, Montreal medtech firm My01 sets sights on U.S. market

By Martin Patriquin
An October 2020 demonstration video of the My01 continuous compartmental pressure monitor. Photo: My01 | YouTube
May 4, 2021
A A
A Small A Medium A Large
Share

Gift

Share

MONTREAL — A Montreal company backed by a Quebec medtech investment consortium has received approval from the Food and Drug Administration to bring its flagship product, a device that can diagnose a potentially fatal orthopedic condition, to the U.S. market. 

Talking Point

My01’s device helps diagnose acute compartment syndrome (ACS), a relatively common and potentially lethal muscle condition notably suffered by Tiger Woods in his car accident last February. Because current diagnostic tools rely on a patient’s inherently subjective pain description, ACS diagnosis is often misdiagnosed or missed entirely and is the main cause of lost lawsuits against orthopedic surgeons in the U.S.

Founded in 2015, My01 makes a device that can detect acute compartment syndrome (ACS), a condition where swelling causes the fascia—the membrane covering a group of muscles and nerves—to constrict the muscle, restricting blood flow. Often resulting from bone fractures, ACS can lead to muscle necrosis and even death if left untreated. Golfer Tiger Woods notably suffered from ACS as a result of his February car crash. 

ACS is labour-intensive to monitor and often results in missed diagnosis and unnecessary surgery. My01’s single-use device is inserted into the affected muscle by way of a needle. Once in place, the device’s sensor provides real-time data about muscle swelling, thereby “objectifying” the diagnosis, said My01 CEO Charles Allan. The device, which can remain in place for up to 18 hours, delivers results through My01’s app.

Medteq Invest, the investment arm of the Quebec medical-technology consortium Medteq, invested an undisclosed amount in the company in 2019. Private investment from “high-net-worth individuals” constitutes the bulk of My01’s funding, according to Allan. The company expects to be cash-flow neutral this year, said My01 chief medical officer Dr. Edward Harvey. Quebec’s life-sciences and medtech sector employs over 56,000 and provides $5.6 billion to the provincial GDP, according to a report from Medtech Canada.

Because it can diagnose ACS with far greater accuracy, Allan said the My01 device will reduce the number of fasciotomies, an invasive surgery that relieves pressure, and which is performed often as a precaution. 

The company has sold the device in Canada since receiving Health Canada certification in February 2020. In the U.S, the device will retail for US$3,200, and sales will begin in earnest with the FDA approval. Among its first American clients is Dr. Charles Moon, the director of orthopedic trauma at Cedars-Sinai Medical Center, who treated Woods after his transfer from Harbor-UCLA Medical Center. 

“Those are patients that you worry about,” Moon told The Logic of Woods. “If he hadn’t gotten a fasciotomy in his index procedure—which he did, yeah—Woods would be somebody that you would be monitoring and be very worried about, because it’s a high-energy, segmental tibia fracture. If anyone can get compartment syndrome, it’s somebody with that injury.”

Gift the full article

Diagnosing and treating ACS is a fraught process requiring hours of monitoring and a reliance on a patient’s inherently subjective description of pain levels. “In the U.S. medical system, ACS is actually the No. 1 cause of lost lawsuits against orthopedic surgeons,” Moon said, adding his department would purchase “about 10” My01 devices. (Moon has no stake in the company, nor has he received any promotional considerations.)

“It’s basically a disposable, reliable catheter monitor that you can put in the affected muscle compartment? It’s no more invasive than an IV, you know. And it gives you data over time. We can’t wait to get our hands on it, to be honest,” Moon said.

Editor’s note: This story has been updated to clarify the pricing of the device.

#medtech #Medteq #My01 #Tiger Woods

Sponsored Content

How to shift your workforce from AI experimentation to adoption

By Jessica Aftimus Rosa

The real-world economic offshoots of sovereign AI

By Deborah Aarts
Illustration of a plane flying above a mailbox

Increasing healthcare access across Canada

By Deborah Aarts
Paid promotional content

Loading...

Thanks for sharing!

You have shared 5 articles this month and reached the maximum amount of shares available.

Close
This account has reached its share limit.

If you would like to purchase a sharing license please contact The Logic support at [email protected].

Close
Want to share this article?

Upgrade to all-access now

Close
Gift the full article!

You have gifted 0 article(s) this month and have 5 remaining.

Copy link and gift
Copy Link
Email to a friend
Send Email
Gift on Social Media

Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.

Photo: My01 | YouTube

Most Popular This Week

News

Canada-U.K. digital trade is set to grow under new phase of Pacific Rim trade pact

By Joanna Smith
Christian Weedbrook stands in a vacant warehouse next to a Canadian flag at a podium labelled for the Strategic Response Fund.
News

Xanadu gets $195M from federal government to build a quantum computer factory in Toronto

By Murad Hemmadi
A ground-level shot of a tractor pulling a potato harvester that drops the potatoes into a truck driving alongside it.
Analysis

Canada’s counter-tariffs would hit the Prairies hard, trade data shows

By Joanna Smith
People stand in large room split into several aisles by banners promoting startups. A video screen on the back wall has the logo for the CDL Super Session on it.
News

The Creative Destruction Lab is using data to reveal what makes startups successful

By Murad Hemmadi

In-depth, agenda-setting reporting

Great journalism delivered straight to your inbox.

A shot across an expanse of low forest of a rocket launching into blue skies.
News

People hired to promote Canadian rocket firm didn’t actually help, company alleges in lawsuit defence

By David Reevely

Briefing

New 100% U.S. tariffs on drones take effect, hitting Canadian industry

By David Reevely   |   Sep 3, 2026

Solomon says Canada will stick with its own AI rules after U.S., tech giants push G20 not to regulate

By Murad Hemmadi   |   Sep 3, 2026

Ottawa defence supplier Allen-Vanguard put into receivership

By David Reevely   |   Sep 3, 2026

Best business newsletter in Canada

Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.

Exclusive events

See the bigger picture with reporters and industry experts in subscriber-exclusive events.

Membership in The Logic Council

Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.

Recent Popular Stories

News

Xanadu gets $195M from federal government to build a quantum computer factory in Toronto

By Murad Hemmadi   |   Aug 28, 2026
Christian Weedbrook stands in a vacant warehouse next to a Canadian flag at a podium labelled for the Strategic Response Fund.
News

Canadian investors are dumping U.S. government debt for American corporate bonds

By Chaimae Chouiekh   |   Aug 24, 2026
An image of tall buildings against a cloudy blue sky.
News

The Creative Destruction Lab is using data to reveal what makes startups successful

By Murad Hemmadi   |   Aug 27, 2026
People stand in large room split into several aisles by banners promoting startups. A video screen on the back wall has the logo for the CDL Super Session on it.
News

Canadian universities are still struggling to commercialize their research, new data shows

By Catherine McIntyre   |   Aug 25, 2026
Exterior of a University of Toronto building
Analysis

Canada’s counter-tariffs would hit the Prairies hard, trade data shows

By Joanna Smith   |   Aug 28, 2026
A ground-level shot of a tractor pulling a potato harvester that drops the potatoes into a truck driving alongside it.
News

Canada-U.K. digital trade is set to grow under new phase of Pacific Rim trade pact

By Joanna Smith   |   Sep 1, 2026

Canada's most influential executives and policymakers are reading The Logic

  • CPP Investments
  • Sun Life Financial
  • C100
  • Amazon
  • Telus
  • Mastercard
  • bdc
  • Shopify
  • Rogers
  • RBC
  • General Motors
  • MaRS
  • Government of Canada
  • Uber
  • Loblaw Companies Limited
logic-logo

Canada's Business and Tech Newsroom

100% human-crafted journalism

Newsroom

  • News Tips
  • AI Policy
  • Editorial Disclosures
  • Story Pitches

Company

  • About Us
  • Terms of Service
  • Privacy Statement
  • Corporate Information

Contact

  • Contact Us
  • Advertise
  • FAQs
  • Work at The Logic

© 2026 The Logic Inc. All Rights Reserved.

Trusted by leaders

Error

Account creation failed.

Please email us at [email protected].

Create Account

[wppb-register form_name=”cozmo-registration-form-for-modal”]

I do have an account
Login
or

[wppb-login]

I don’t have an account