Hansen Medical (NSDQ:HNSN) said today it completed its $80 million merger with Auris Surgical Robotics, which won approval from shareholders last week. Through the merger agreement, Auris paid $4 per share in cash, which the company said is approximately 39.9% over the closing sale price of the common stock of Hansen Medical as reported in April. […]
Hansen pursues neurological indication for Magellan robot-assisted surgery device
Hansen Medical (NSDQ:HNSN) said today it filed a 510(k) application with the FDA for an expanded neurological indication for its Magellan robotic surgical system. If the Mountain View, Calif.-based company wins approval, the Magellan system will be fully indicated for applications in peripheral vascular and neurological procedures. “Our experience in performing robotically assisted carotid stent procedures […]
Robotic surgery mix-up: Moll’s Auris buys Hansen Medical
Stealthy robotics-company Auris Surgical Robotics is mixing up the robotic surgery game, saying today it signed a deal to pick up Hansen Medical (NSDQ:HNSN) for approximately $80 million. Through the merger agreement, Auris will pay $4 per share in cash, which the company says is approximately 39.9% over the closing sale price of the common stock of […]
Hansen Medical slides on re-stated financials
Hansen Medical (NSDQ:HNSN) shares slid today after the robot-assisted surgery company re-stated its financials for last year due to a $15.3 million accounting error. The Mountain View, Calif.-based company said the error stems from a $35 million private placement last year, for 53,846 shares of its Series A convertible preferred stock at $650 each. “The accounting error […]
Analyst: Medtronic most likely to challenge Intuitive Surgical in robot-assisted surgery
Medtronic (NYSE:MDT) is the most likely rival to Intuitive Surgical‘s (NSDQ:ISRG) dominance in the robot-assisted surgery space, but is still at least a year away from putting a competing device on the market, according to 1 analyst covering the medical device industry. Sunnyvale, Calif.-based Intuitive has a long lead, having had its flagship da Vinci system since 2000 and is […]
RIP medical device pioneer Alfred Mann | Personnel Moves
Alfred Mann, a medical device entrepreneur who helped develop several groundbreaking technologies, died yesterday at age 90, shortly after stepping down from a pair of companies he founded. Mann founded 17 companies over his 70-year career, in industries ranging from aerospace to medtech, according to the L.A. Times. After Johns Hopkins University researchers in 1969 […]
FDA clears Hansen’s Magellan eKit for 3rd-party caths
Hansen Medical (NSDQ:HNSN) said today it won FDA 510(k) clearance for its Magellan Robotic Catheter eKit which allows operators to control 3rd party microcatheters through the robotic system. The approval comes at least partly based on cases performed with the eKit during the Embolization Procedures in Peripheral Vasculature clinical study, Mountain View, Calif.-based Hansen Medical said. […]
Hansen Medical touts robotic-nav afib ablation study data
Hansen Medical (NSDQ:HNSN) today released data from a study involving the use of its Sensei X robotic navigation system during pulmonary vein isolation procedures, touting a 100% procedure success rate, a high freedom from recurrence rate after 1 year and reduced fluoroscopy times. Data from the study was published in the Journal of Cardiac Electrophysiology, the […]
Bioventus taps ex-Medtronic CEO Hawkins for chairman | Personnel Moves
Bioventus said it tapped former Medtronic (NYSE:MDT) and Immucor (NSDQ:BLUD) chief Bill Hawkins to be its new chairman, replacing Dan LeMaitre. Hawkins, who’s slated to appear at the upcoming DeviceTalks event in Raleigh, N.C., had the corner office at Medtronic from 2007 until 2011, when he took the helm at Immucor, where is he lead director. […]
Hansen Medical slips on Morgan Stanley suspension
Shares of Hansen Medical (NSDQ:HNSN) slid last week after an analyst at Morgan Stanley said he would stop covering the robot-assisted surgery device maker, citing competitive issues and a capitalization problem. “We expect Hansen to underperform our coverage and the broader market largely due to our view that Hansen’s penetration into endovascular procedures will have a much slower […]
Medtronic joins in on Dutch purchase of Hansen’s Sensei robotic system
Hansen Medical (NSDQ:HNSN) said it completed a sale of 1 of its Sensei X robotic systems to the Maastricht University Medical Center in the Netherlands with help from Medtronic International (NYSE:MDT), a key partner to the Center. The Sensei X Robotic system uses 3D catheter controls and 3D visualization to allow an operating surgeon to control its robotically […]
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