Virtuoso Surgical adds $1.8M in grant funding to support surgical robot

[Image from Virtuoso Surgical]Virtuoso Surgical announced that it received a $1.8 million NIH Small Business Innovation Research (SBIR) grant.

Nashville-based Virtuoso Surgical will receive the grant over the next two years. The funds support its robotic surgery system that utilizes a new scale of robotic tools and maneuvers in endoscopic surgery.

Virtuoso designed its system with two robotically controlled, needle-sized manipulators working from the tip of a rigid endoscope. That endoscope comes in at less than half the diameter of a U.S. dime. The scope is smaller than current endoscope hardware, the company says, and the manipulators are 1mm in diameter. It also features a camera, tissue grasper, retractor, tissue snare, laser aiming manipulator and electrosurgical tools.

The system previously demonstrated feasibility in animal, cadaver and tissue model studies. Virtuoso Surgical featured in our list of 16 companies you need to know in the space.

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8 more surgical robotics companies you need to know

The Versius surgical robotics system [Image from CMR Surgical] You know the big hitters in surgical robotics. Here are some of the companies you may not know about, but you should keep an eye on them.

Last month, MassDevice compiled a list of 16 surgical robotics companies you need to know. That list included the usual suspects, like Intuitive, Medtronic, Johnson & Johnson and more. But, a list of 16 companies hardly scratches the surface.

Competition continues to heat up what is already one of the hottest spaces in medtech. Here are eight more companies that made waves in robot-assisted surgery recently:

Company Robotic system CMR Surgical Versius Medical Microinstruments Symani Levita Magnetics MARS Virtuoso Surgical Virtuoso System eCential Robotics Surgivisio Globus Medical ExcelsiusGPS Distalmotion Dexter Quantum Surgical Epione CMR Surgical

Cambridge, United Kingdom-based CMR Surgical took a massive step forward in 2021.

The …
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Virtuoso Surgical announces $20M offering for endoscopic surgical robot

[Image from Virtuoso Surgical]Virtuoso Surgical announced today that its $20 million stock offering became effective after review by the U.S. SEC.

Nashville, Tennessee-based Virtuoso develops a surgical robot system for minimally invasive endoscopic surgery. Its founders developed its patented technology at Johns Hopkins University and Vanderbilt University. They did so through funding from the National Science Foundation and the National Institutes of Health.

The company’s surgical robot system demonstrated feasibility in animal, cadaver and tissue model studies. Surgeries conducted included bladder cancer, uterine fibroids, enlarged prostate, central airway obstruction removal and endoscopic neurosurgery, among others.

Virtuoso said its technology can provide dexterity in any procedure where tools are delivered through rigid endoscopes. These procedures include urology, gynecology, neurology, interventional pulmonology, orthopedics, thoracic surgery…

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