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Home » Keywords » Microport Scientific Corp.

Items Tagged with 'Microport Scientific Corp.'

ARTICLES

Wooden stamp with China flag

Microport’s laparoscopic surgical robot cleared in China

Feb. 14, 2025
By Marian (YoonJee) Chu
Shanghai Microport Medbot (Group) Co. Ltd. won China National Medical Products Administration approval of its self-developed Toumai single-arm and single-port laparoscopic surgical robot.
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Suregeon controlling joysticks Robocath platform

Robocath performs first remote coronary angioplasty using R-One robotic platform

Dec. 20, 2023
By Shani Alexander
Robocath SAS said it performed the world’s first-in-human remote robotic coronary angioplasty between two cities in China, Beijing and Urumqi, located 1,700 miles apart. The procedure was carried out using the company’s R-One robotic platform, via a 5G connection, and paves the way for long-distance endovascular procedures.
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R-One+-work-station-and-robotic-unit.jpg
EuroPCR 2023

Robocath launches Robotic platform for cardiology as Siemens drops business

May 22, 2023
By Shani Alexander
Robocath SAS is about to embark on a limited market release of its robotic platform, the R-One+, which will not only make performing coronary angioplasties easier and safer but will protect cardiologists from radiation, CEO Lucien Goffart told BioWorld in an interview. However, the launch comes on the heels of a decision by Siemens Healthineers Inc. to discontinue its robotic-assisted endovascular cardiology business as it did not meet the company’s “initial expectations.”
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Shanghai, China, stock market illustration

Microport Ep raises $169.5M in Shanghai IPO, shares drop in debut

Sep. 1, 2022
By Zhang Mengying
Shanghai Microport Ep Medtech Co. Ltd. went public on the Shanghai Stock Exchange STAR Market and raised ¥1.17 billion (US$169.5 million) with its initial public offering. The company’s issue price was ¥16.51 per share. After opening at ¥15.50 per share, the share price dived to ¥13.15 at the closing of its first trading day. Microport Ep is an associated company of the Hong Kong-listed Microport Scientific Corp.
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Surgeon operating the R-One system

Robocath’s Cathbot concludes initial study of robot-assisted PCI platform in China

July 29, 2022
By Bernard Banga
Robocath SAS said Cathbot, its joint venture set up in 2020, has enrolled the final patient for its clinical study in China to evaluate the safety and the efficacy of its robotic platform for percutaneous coronary intervention (PCI). “The completion of our PCI robotic multicenter trial in China is a crucial milestone in our development in this part of the world,” Philippe Bencteux, president and founder of Robocath, told BioWorld.
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Hong Kong stock market illustration

Microport Medbot raises $201M in IPO, shares increase 6%

Nov. 2, 2021
By Doris Yu
Shanghai Microport Medbot (Group) Co. Ltd. started trading its shares on the Hong Kong Stock Exchange on Nov. 2, with shares increasing over 6% in the middle of the day. It raised HK$1.56 billion ($201 million) with shares going at HK$43.2 apiece in an initial public offering. The firm plans to use 35% of the proceeds for the development and commercialization of its core product, the laparoscopic surgical robot Toumai.
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Heart illustration

Stereotaxis plans to tackle the Chinese ablation market via deal with Microport

Sep. 9, 2021
By Sergio Held
Robotic technologies company Stereotaxis Inc. is scaling up its footprint in the Chinese med-tech market, with a deal to commercialize its robotic technology for heart rhythm therapy in China with Shanghai Microport EP Medtech Co. Ltd. The St. Louis-based Stereotaxis aims to introduce a second-generation robot called Genesis to the Chinese market that uses a magnetic navigation technology to treat heart rhythm disorders. Its partner, Shanghai Microport EP Medtech, is a division of one of China's largest med-tech manufacturers, Shanghai-based Microport Scientific Corp.
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Atrial fibrillation illustration

Microport raises $150M in series C for CRM business

Aug. 6, 2021
By David Ho
Microport Scientific Corp.’s cardiac rhythm disorders subsidiary, Microport Cardiac Rhythm Management Ltd. (Microport CRM), has confirmed agreements for a series C financing that would net it total investment proceeds of $150 million. Hillhouse Capital Group and Microport will co-lead the series C investment with investments of $20 million and $47 million, respectively.
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HKEX building

Microport’s spinoff Cardioflow launches $324M IPO in Hong Kong

Feb. 4, 2021
By Elise Mak
Chinese heart valve specialist Microport Cardioflow Medtech Corp. (HKEX:2160) launched an IPO in Hong Kong on Feb. 4, raising HK$2.5 billion (US$324 million) by issuing 205.62 million shares at HK$12.20 apiece. With J.P. Morgan, Citi and CICC backing the IPO, the stock opened at HK$21.50, up 76% from the offer price. The pre-revenue med-tech firm, spun off from Microport Scientific Corp. in 2020, develops transcatheter aortic valve implantation (TAVI) products for valvular heart diseases, and is especially known for its Vitaflow series.
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Surgeon operating the R-One

Robocath raises $43M series C funding to accelerate distribution of its robotic PCI platform throughout Asia

June 8, 2020
By Bernard Banga
PARIS – Robocath SAS, of Rouen, France, has secured a new $43 million funding round to boost roll-out of its R-One robotic system for treating vascular disease. This series C funding was led by Hong Kong-based Microport Scientific Corp.
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