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TransEnterix reports divestiture of Senhance Surgical System in Germany.

M2 EQUITYBITES-February 24, 2017-TransEnterix reports divestiture of Senhance Surgical System in Germany


Medical device company TransEnterix Inc (NYSE MKT:TRXC) revealed on Thursday the completion of the first sale of the Senhance Surgical System in Germany for an undisclosed amount.

Under the terms of an agreement, the company has divested the Senhance Surgical System to St. Marien-Krankenhaus Siegen, a large multi-specialist hospital.

St. Marien-Krankenhaus Siegen, which is part of an independent, integrated health group that treats patients throughout the federal states of North Rhine-Westphalia and Rhineland-Palatinate, will now establish a robotic surgical programme that will initially be focused on general and gynecologic surgery.

The Senhance Surgical Robotic System is reportedly a multi-port robotic system that brings the advantages of robotic surgery to patients while enabling surgeons with innovative technology such as haptic feedback and eye sensing camera control. The Senhance Surgical Robotic System has been granted a CE Mark but is not currently available for sale in the US.

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Publication:M2 EquityBites (EQB)
Date:Feb 24, 2017
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