CMR Surgical Bags $240M, Ready For Robotics Surgery Launch
Executive Summary
UK robotics firm CMR Surgical has landed $240m from investors as it prepares to launch its robotic surgery system in Europe and India. The Series C raise is Europe’s largest private financing round in the medical technology sector to date.
You may also be interested in...
Device/Diagnostics Quarterly Dealmaking Statistics, Q3 2019
Device financing increased substantially in Q3, thanks to debt raises led by Insulet. Acquisition dollar volume dropped, though, but Siemens' buy of Corindus for $1.1bn was a stand-out. Diagnostics/research tools financing dropped by 28% from Q2, while acquisition value greatly increased due to Exact Sciences' $2.8bn purchase of Genomic Health.
CMR Surgical Names New CEO
CMR Surgical CEO Martin Frost is making way for a new boss to lead the surgical robotics company. Per Vegard Nerseth is set to join CMR Surgical in January 2020 as the company gears up for its most ambitious year yet.
Intuitive Surgical Opens New UK/Ireland HQ In Oxfordshire
Surgical robotics giant Intuitive Surgical has opened a new UK and Ireland headquarters and training suite in Oxford. The California company expects the new facility to help expand business across the region.