Medrobotics, which developed the Flex robot-assisted surgery platform, said in a regulatory filing today that it raised some $20 million in an equity round. The Raynham, Mass.-based company won expanded CE Mark approval in the European Union last October for Flex for performing colorectal procedures. The system won 510(k) clearance from the FDA for transoral procedures in July […]
Medrobotics said today that its Flex robot-assisted surgery device won CE Mark approval in the European Union, expanding its indication to include colorectal procedures. The Raynham, Mass.-based company claims to be the 1st robotics firm to offer minimally invasive and steerable robotic products for colorectal applications. “CE Mark for colorectal procedures is significant since it expands the number […]
Medrobotics today released data from an 80-patient post-market study of its Flex robotic system, touting the system as a “safe and effective tool in transoral robotic surgery.” The Flex robotic system is designed to use a flexible robotic endoscope, a range of flexible instruments and a high-definition vision system for use in accessing and visualizing structures in […]
Medrobotics said yesterday that it raised a $25 million equity round for its Flex robotic endoscope system. Last month Raynham, Mass.-based Medrobotics reported raising the 1st $2.4 million of the round. Medrobotics produces the Flex robotic endoscope system, which is designed to use a flexible robotic endoscope, a range of flexible instruments and a high-definition vision system for use in accessing […]
Medrobotics has raised $2.4 million in a new round of equity financing, and looks to raise another $22.6 million, according to an SEC filing posted last week. Medrobotics produces the Flex robotic endoscope system. The Flex system uses a flexible robotic endoscope, a range of flexible instruments and a high-definition vision system for use in […]
Medrobotics said today it won FDA 510(k) clearance for its Flex robotic transoral surgery system and is launching the system in the U.S. The Flex system uses a flexible robotic endoscope, a range of flexible instruments and a high-definition vision system for use in accessing and visualizing structures in the mouth and throat, Raynham, Mass.-based […]
October 17, 2014 by Alexander Soule
Medrobotics said it closed on $20 million in new funding in a preferred stock sale to prior backers as plans to expand its commercial footprint in Europe.
Raynham, Mass.-based Medrobotics also said that it’s "met all applicable FDA requirements" to distribute its Flex Retractor in the U.S.
Medtech maker Medrobotics celebrated the world’s 1st cancer surgeries performed with its Flex surgical robot in a pair of procedures conducted at a hospital in Germany.
Massachusetts-based Medrobotics raised $26 million in a Series E fundraising round in support of its Flex surgical robot.
The company said it plans to use the new funds to launch commercial efforts in the U.S. and in Europe, as well as in pursuit of new regulatory bids. The company has European approval for the Flex system, but has not yet won a nod from the FDA.