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Founded Year

2006

Stage

Reverse Merger | IPO

Total Raised

$93.42M

Market Cap

0.08B

Stock Price

0.29

About Asensus Surgical

Asensus Surgical is a company that focuses on the development and manufacturing of digital laparoscopy and surgical robotics. The company's main offerings include the Senhance Surgical System and the Intelligent Surgical Unit, which are designed to enhance surgeon control, reduce surgical variability, and provide real-time insights to improve surgical outcomes. Asensus Surgical primarily serves the healthcare industry, particularly the surgical technology sector. Asensus Surgical was formerly known as TransEnterix. It was founded in 2006 and is based in Morrisville, North Carolina.

Headquarters Location

635 Davis Drive Suite 300

Morrisville, North Carolina, 27560,

United States

919-765-8400

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Asensus Surgical's Product Videos

Asensus Surgical's Products & Differentiators

    Senhance Surgical System

    The Senhance® Surgical System is the first of its kind and the only digital laparoscopic platform that leverages augmented intelligence to provide unmatched performance and improved patient outcomes through machine learning. The Senhance Surgical System is designed to support hospitals and help surgeons thrive in today’s healthcare landscape. This digital laparoscopic platform removes the economic limitations of current robotic systems with standard reusable instruments and an open-platform architecture strategy that enables hospitals to leverage existing technology investments. That keeps time and cost-per-procedure comparable to traditional laparoscopy, so that the benefits of robotics can reach more patients, in more care settings, for a greater variety of procedures.

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Asensus Surgical Patents

Asensus Surgical has filed 144 patents.

The 3 most popular patent topics include:

  • surgery
  • surgical instruments
  • surgical robots
patents chart

Application Date

Grant Date

Title

Related Topics

Status

10/18/2022

1/30/2024

Surgery, Surgical instruments, Robot kinematics, Surgical robots, Robotic manipulators

Grant

Application Date

10/18/2022

Grant Date

1/30/2024

Title

Related Topics

Surgery, Surgical instruments, Robot kinematics, Surgical robots, Robotic manipulators

Status

Grant

Latest Asensus Surgical News

10 surgical robotics companies to follow in 2024

Feb 3, 2024

| Source: Intuitive Surgical The surgical robotics space saw a major shakeup last year. “Robotics is hard. Robotics in healthcare is hard.” Hani Abouhalka, Johnson & Johnson’s company group chair for Robotics & Digital, said those words at DeviceTalks West , which was co-located with RoboBusiness in California in October. It pretty much sums up the situation for medtech companies large and small that sought to compete against Intuitive Surgical in the soft-tissue surgical robotics space. Despite the increased competition, Intuitive remains the undisputed leader. It’s even moving forward on a next-gen da Vinci robot . For its part, Johnson & Johnson is sticking with plans to develop its Ottava surgical robot. J&J now  plans to submit Ottava for FDA investigational device exemption (IDE)  in the second half of 2024 in order to start clinical trials. Surgical robotics developers cut staffers Even though it is sticking with robotic surgery, J&J  laid off employees in the field  in 2023. Other companies, including Vicarious Surgical, have also cut jobs. Company Asensus Surgical Intuitive Surgical: Reaping the benefits of being a pioneer Companies of all sizes are trying to compete against Intuitive Surgical in the soft-tissue surgical robotics space, but it remains the undisputed leader. Since its founding in the 1990s, the Sunnyvale, Calif.–based company has placed more than 8,000 multiport and single-port systems around the globe and racked up more than 14 million procedures, including approximately 2.3 million just last year. “I do see us as the leader, as the pioneer,” said Dave Rosa, president of Intuitive Surgical, during DeviceTalks West  in Santa Clara, Calif. Promoted to the position of president in May 2023, the 27-year company veteran offered his advice on perseverance to medical device developers: “Competitors and the growing field, it’s so exciting [because] that validates the … blood, sweat and tears that our team has put in to forge this field and show that there is benefit with robotics. We can do things better, not only bringing more minimally invasive surgery to the world, but [also by] doing it with better options than laparoscopy could. … And now we have big and small companies coming in and saying, ‘We can make a difference too.’” In January, Intuitive  announced that it has submitted for FDA 510(k) clearance of its next-generation da Vinci 5 multiport surgical robot. Company officials said they hope for a launch this year. The da Vinci 5 will join Intuitive’s existing robotic surgical system portfolio, which includes the multiport X and Xi systems and the single-port SP. The company also offers Ion, a robotic-assisted platform for minimally invasive biopsy in the lung. In a separate podcast, Rosa identified two technological opportunities that he thinks are going to advance surgical robotics and minimally invasive surgery in a major way: improved visualization for surgeons and focal therapy. Rosa said these technologies make Intuitive a minimally invasive care company. Intuitive continues to dominate surgical robotics. Pictured is the da Vinci Xi system. | Source: Intuitive Surgical Additional Intuitive coverage: The secret behind Intuitive’s surgical robotics success : Chief Medical Officer Myriam Curet shared how Intuitive Surgical has built an ecosystem around data and collaboration to support the adoption and use of its technology. Asensus Surgical: Building a next-gen system that can last Seven years after its Senhance robotic surgery system won FDA clearance, Asensus Surgical has unveiled its next-gen Luna platform. The company  struck a deal with Flex to manufacture Luna  and is seeking an FDA clearance in 2025. During DeviceTalks West 2023, Dustin Vaughan, vice president of research and development at Asensus, described Luna’s improvements. They included a 30% smaller footprint; fully articulated, reusable TrueWrist 5 mm instruments; and a unique surgeon console and ergonomic benefits. Asensus Surgical recently showed off Luna to surgeons. Here’s a video: The years of development behind Luna also included the creation of an instrument drive system, a desktop test system to enable more instrument innovation. According to Vaughan, one of the greatest challenges to overcome when designing the system was to ensure that the platform could support the layering of new, innovative tools and software not just for the next year, but also for the next decade. “We’ve seen how challenging this space is to get the capital equipment,” he said. “As passionate as I am personally about robotics, it doesn’t change the fact that this will be the same system for many, many years. … You’ve got to get this right, because you’re going to look at it and develop on it for a very long time.” CMR Surgical: A British Invasion for surgical robotics? Over the past year, the Cambridge, U.K.–based maker of the Versius surgical robotic system has launched several initiatives to set itself up for success: Bringing on J&J veteran Supratim Bose as its CEO Developing a next-generation system and new products Continuing a targeted commercial collaboration with J&J’s Ethicon business. They said that it “underscores Ethicon’s commitment to providing healthcare partners with best-in-class surgical solutions that focus on the unique needs of every patient.” “I think it has been a great year of trying to do what is good for the company,” Bose said in a  recent interview  with MassDevice. Bose, co-founder and Chief Medical Officer Mark Slack, and co-founder and Chief Technology Officer Luke Hares will speak at DeviceTalks Boston . In 2023, CMR Surgical’s installed base grew 50% to 160, and annual surgical procedure numbers grew 60% to 17,000. Bose touted the advantages of Versius, including a smaller mobile design that allows it to be wheeled around health facilities, an open console that enables surgeons to guide their operating room staff better, and a more affordable price point. This year, CMR Surgical plans to roll out enhancements in vision technology, instrumentation, and digital products to further strengthen Versius’ value. CMR Surgical’s Versius surgical robotics system in action. | Source: CMR Surgical Medtronic: Hugo continues to roll out internationally The world’s largest medical device company continues to expand the use of its Hugo soft-tissue surgical robotics system outside the U.S. In 2023, Medtronic won the FDA’s permission to start its pivotal trial for Hugo robotic-assisted hernia procedures. It also continued its Expand URO trial for prostatectomies. Hugo combines wristed instruments, 3D visualization, and Medtronic’s cloud-based surgical video capture and management solution, Touch Surgery Enterprise. The idea is to offer a multi-quadrant platform for a wide range of soft tissue procedures. “We expect Hugo, equipped with advanced digital capabilities, to be a meaningful growth driver for us in the years ahead,” said CEO Geoff Martha during a November 2023 earnings call. “We believe surgeon preference with our open console and modular design, our leading position in minimally invasive surgery and instrumentation, our connected digital ecosystem and data-enabled insights — along with our world-class surgical training program and partnerships — will meaningfully advance the low penetration of robotic surgery around the world,” he said. However, Medtronic has faced questions over whether Hugo will be able to compete against Intuitive’s da Vinci systems domestically. BTIG analysts checked out the Hugo system during a conference in Montreal in March 2023 , and remarked in a follow-up note that they didn’t think it was different enough from existing options. “A vast number of surgeons want choice in their robotics system, and while we’re not discounting this, we think [Medtronic’s] entrance into the U.S. will be measured,” said BTIG’s Ryan Zimmerman, Sam Durno and Iseult McMahon. Meanwhile, Truist analysts noted in October 2023 that Medtronic’s Mazor is the first to market with a bone-cutting application, potentially a first step toward more sophisticated tissue-removing spine procedures. Said Richard Newitter, Samuel Brodovsky, Benjamin Goldstein, and Lin Zhang at Truist: “This is the first bone-cutting application on the market and an important indication expansion as robotic technologies move to broader applicability in spine procedures beyond pedicle screw placement and working towards more sophisticated maneuvering deeper within the spine.” Medtronic’s Hugo robotic surgery system. | Source: Medtronic Johnson & Johnson: Moving forward on Ottava For years, Johnson & Johnson officials have only said “stay tuned” when asked about plans for the company’s Ottava soft-tissue surgical robotics system, its bid to compete with Intuitive. In November 2023, J&J finally  broke its silence , saying that it plans to submit Ottava for FDA investigational device exemption (IDE) in the second half of 2024 to initiate clinical trials. “We are well under way to be ready for the clinical study,” Abouhalka said in December, adding that the company plans to continue innovating in robotics “for what’s next in surgery.” Ottava incorporates four robotic arms into a standard-size surgical table, down from the six arms shown years ago. Its unified architecture allows for an invisible design, J&J said. The robotic arms are available when needed and stowed beneath the surgical table when not. The system also offers a “twin motion” feature, with the unified movement of the table and robotic arms. J&J designed it this way to allow surgical teams to address important clinical needs during surgery. That could include repositioning a patient without interrupting the procedure. “With Ottava, we intend to drive simplicity and new experiences through our unique architecture,” Rocco De Bernardis, global president of Ottava, told MassDevice. Meanwhile, the company’s Monarch platform and Monarch bronchoscope  recently obtained regulatory approval in China , the first robot-assisted technology from Johnson & Johnson MedTech to get approved there. In the ortho-robotic surgery space, Velys system procedures are in the thousands. J&J’s DePuy Synthes orthopedic device business boasted that Velys is a first-of-its-kind, table-mounted ortho surgery robot with an efficient design that integrates into any operating room. Stryker: On track for new Mako applications The  world’s largest orthopedic device company said its Mako surgical robot for orthopedic procedures continues to drive growth. During  Stryker’s Q4 earnings call near the end of January , company officials said the system had a record number of installations globally during the quarter. In the U.S., Stryker said 60% of its knee replacement procedures and 34% of its hip replacements were performed using Mako that year. Mako for spine surgery is coming in the third quarter of 2024, with Mako shoulder coming near the end of the year. In the middle of 2023, Stryker announced that it planned to boost demand for Mako-supported surgeries even more with a direct-to-patient marketing campaign in the U.S. called “Scan. Plan. Mako Can.” Stryker officials are also excited about the  potential  to use AI to better analyze health data to improve surgical robotics outcomes in orthopedics. The goal of the Mako surgical robot arm is to provide more predictable outcomes. | Source: Stryker Moon Surgical: A surgical robotics assistant Based in Paris and San Carlos, Calif., Moon Surgical has taken a different approach to robotic surgery. Its Maestro system is a robotic surgical assistant, instead of performing surgeries under a surgeon’s control. The company ‘s stated goal is to provide an accessible, enhanced version of traditional laparoscopy with more precision and control. The small, adaptable system can integrate into existing clinical workflows, according to Moon Surgical. It features capabilities that bolster operating room efficiency and allow for alternative labor models. Maestro’s extra set of arms offers surgeons control of two additional instruments. It provides optimal vision and access to tissue throughout the procedure, Moon Surgical says. Additional Moon Surgical coverage: Stereotaxis: A partnership with Abbott Stereotaxis provides surgical robotics that incorporates magnets for minimally invasive endovascular intervention. Its products include the Genesis RMN system, Vdrive robotic navigation system, and Niobe robotic magnetic navigation system. The St. Louis, Mo.-based company’s technology has treated more than 100,000 patients worldwide Recent wins include the  first patients successfully treated using the company’s Magnetic Interventional Ablation Catheter (MAGiC) . MAGiC is a robotically navigated magnetic ablation catheter designed to perform minimally invasive cardiac ablation procedures. The first procedures took place at Vilnius University Hospital Santaros Klinikos in Lithuania. The full Stereotaxis lab with the Genesis RMN system. | Source: Stereotaxis Distalmotion: Seeking continued commercial expansion of Dexter Switzerland-based Distalmotion is the developer of the Dexter surgical robotics system. Dexter easily integrates into clinical practice, claimed the company. It requires no additional infrastructure, fits into every clinical setting and features mobility for sharing across departments. Institutions can then scale robotics programs across surgical disciplines, enhancing the standard of care, said Distalmotion. Currently in day-to-day clinical use in Europe, Dexter treats patients across complex and high-volume procedure types. That includes general surgery, gynecology, and urology. Last year, Distalmotion raised $150 million  to push toward FDA approval, plus the continued acceleration of clinical experience in Europe. Zimmer Biomet and Stryker veteran  Greg Roche joined as CEO  near the end of the year. Distalmotion recently partnered with Proximie, which develops an operating room operating system that provides hospitals and surgical centers access to preoperative data that can help inform patient care — plus real-time collaborative tools to record, train, and deliver care. The Dexter surgical robot platform. | Source: Distalmotion Noah Medical: 500-case mark for Galaxy Noah Medical recently  announced the 500th use of its Galaxy surgical robotic system for robotic-assisted bronchoscopy in the U.S. The San Carlos, Calif.–based company designed Galaxy and its accessories to provide bronchoscopic visualization and access. These capabilities provide diagnostic and therapeutic procedures in patient airways. The system features advanced imaging technologies that provide real-time location updates for potentially cancerous lesions. Noah Medical said it designed the technology to improve tool-in-lesion and diagnostic yield. Galaxy uses proprietary integrated tomosynthesis called TiLT Technology. It enables augmented fluoroscopy with a disposable single-use bronchoscope with always-on vision, and a small, compact footprint that allows for easy integration into most bronchoscopy suites. The company  announced in April 2023  that it had raised $150 million in a Series B round. Noah Medical CEO Jian Zhang in December 2023  shared his surgical robotics industry outlook  with MassDevice sibling site Medical Design & Outsourcing. Other surgical robotics companies we’re keeping an eye on Procept BioRobotics is the developer of the AquaBeam robotic system, which it describes as an image-guided, heat-free robotic therapy for the treatment of lower urinary tract symptoms due to benign prostatic hyperplasia. In September 2023, the San Jose, Calif.-based company announced an FDA IDE for its Aquablation therapy. Intuitive co-founder Dr. Fred Moll has been the board chair since 2021. Vicarious Surgical’s technology combines proprietary human-like surgical robots with 3D visualization to transport surgeons inside the patient to perform minimally invasive surgery. The Waltham, Mass.–based company’s technology has generated a lot of buzz in the past, but last year saw the company push back timelines  for its Version 1.0 system and  engage in layoffs . The company  recently brought on Olympus and Flex veteran ​​Randy Clark  as president, reporting to co-founder and CEO Adam Sachs. Momentus Surgical, formerly Memic Innovative Surgery, developed the Anovo system that featured miniature humanoid-shaped arms. CTech  reported  that there were layoffs at the Tel, Aviv, Israel–based company last year. Zimmer Biomet’s Rosa surgical robotics systems for brain, hip and total knee procedures are part of the company’s overall ZBEdge digital and robotic technology suite. Liane Teplitsky, robotics, technology and data president of the company , offered data integration advice and identified opportunities beyond orthopedics in an interview with Medical Design & Outsourcing last year. Smith+Nephew offers its Cori surgical system for knee and hip surgeries. It includes a 3D intraoperative imaging system and an advanced robotic sculpting tool. Monteris Medical is a privately held company based in Minnetonka, Minn., that develops magnetic resonance-guided ablation systems to perform minimally invasive, robotically controlled brain surgery. Ronovo Surgical in Shanghai  unveiled its Carina robotic platform a year ago . Carina, a modular system built on proprietary technology, enables configurable robotic assistance for laparoscopic surgeries across multiple specialties. EndoQuest Robotics — a Houston-based endoluminal surgical robotic technology developer — announced in December 2023 that it  closed a C-1 preferred financing round worth $42 million in proceeds. The company designed its platform to address unmet needs in gastrointestinal and other endoluminal surgeries. It recently partnered with Omnivision on visualization for robotic surgery. MMI (Medical Microinstruments) is the developer of the Symani surgical robotics system for microsurgery and supermicrosurgery. The Pisa, Italy–based company is  led by Mark Toland , the former CEO of Corindus Vascular Robotics. The system has a CE mark in Europe. In October, MMI  announced two distribution agreements  covering nearly a dozen countries in the Asia Pacific region. Levita Magnetics in December 2023 announced the international launch of its MARS (magnetic-assisted robotic surgery) system with its placement at Hospital Luis Tisne in Santiago, Chile. The MARS system was also  recently used for its first U.S. commercial cases at the Cleveland Clinic . Mountain View, Calif.-based Levita designed the MARS platform for high-volume abdominal surgeries such as laparoscopic bariatric surgeries, cholecystectomies, and prostate and colorectal procedures. Virtuoso Surgical has an endoscopic surgical system that it said delivers two robotically controlled, needle-sized manipulators that work from the tip of a rigid endoscope less than half the diameter of a U.S. dime. The Nashville, Tenn.-based company announced  in November 2023 that it had received a $1.8 million NIH Small Business Innovation Research (SBIR) grant. Quantum Surgical  announced in September 2023 that the National Medical Products Administration (NMPA) authorized its Epione surgical robot in China. News of the regulatory nod came just weeks after Montpellier, France–based Quantum secured a  CE mark expansion for Epione to treat lung tumors . The percutaneous ablation system uses a robotic arm, a navigation system, and a camera. It inserts a needle through the skin to the tumor and destroys it. Medicaroid is a Japan-based surgical robotics company that has developed the Hinotori system, which received regulatory approval in Japan in 2020 and launched the same year. The system last year received regulatory approval in Singapore. Triton Medical Robotics (Neptune Medical) is taking the Dynamic Rigidization technology developed at Neptune and using it to develop a fully flexible medical robot to enable doctors to reach deep into human anatomy. In late 2023, Neptune Medical announced  that it had appointed Moll as its board chair. Editor’s notes: Associate Editor Sean Whooley contributed to this article, which was syndicated from MassDevice , a sibling site to  The Robot Report . There will be plenty of surgical robotics presentations at WTWH Media’s DeviceTalks Boston event, which will be co-located with the Robotics Summit & Expo . Registration is now open . About The Author Chris Newmarker Chris Newmarker is managing editor of MassDevice's Medical Design & Outsourcing, a sister publication of The Robot Report covering medical device innovation. Tell Us What You Think!

Asensus Surgical Frequently Asked Questions (FAQ)

  • When was Asensus Surgical founded?

    Asensus Surgical was founded in 2006.

  • Where is Asensus Surgical's headquarters?

    Asensus Surgical's headquarters is located at 635 Davis Drive, Morrisville.

  • What is Asensus Surgical's latest funding round?

    Asensus Surgical's latest funding round is Reverse Merger.

  • How much did Asensus Surgical raise?

    Asensus Surgical raised a total of $93.42M.

  • Who are the investors of Asensus Surgical?

    Investors of Asensus Surgical include SafeStitch Medical, SV Health Investors, Synergy Life Science Partners, InterSouth Partners, Aisling Capital and 6 more.

  • Who are Asensus Surgical's competitors?

    Competitors of Asensus Surgical include CMR Surgical, Activ Surgical, Vicarious Surgical, Quantum Surgical, Medrobotics and 7 more.

  • What products does Asensus Surgical offer?

    Asensus Surgical's products include Senhance Surgical System.

  • Who are Asensus Surgical's customers?

    Customers of Asensus Surgical include US Hospital.

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Quantum Surgical

Quantum Surgical is a medical device company that focuses on healthcare innovation, particularly in the domain of medical robotics. The company's main offering is a robotic-assisted technology, which is designed to plan, target, deliver, and confirm tumor ablation, thereby enabling more patients to benefit from better-targeted and less invasive treatments. Quantum Surgical primarily serves the healthcare industry, with a specific focus on interventional oncology. It was founded in 2017 and is based in Montpellier, France.

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Intuitive Surgical

Intuitive Surgical develops, manufactures and markets robotic surgical systems under the da Vinci Surgical brand.

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