Surgical Innovations Group PLC Surgical robot technology UK distribution deal
November 06 2018 - 2:00AM
RNS Non-Regulatory
TIDMSUN
Surgical Innovations Group PLC
06 November 2018
Surgical Innovations Group plc
("Surgical Innovations")
Surgical robot technology UK distribution deal
Elemental Healthcare signs Distribution agreement with surgical
robot manufacturer DistalMotion
Surgical Innovations Group plc (AIM: SUN), the designer and
manufacturer of innovative technology for minimally invasive
surgery ("MIS"), announces that its wholly owned subsidiary,
Elemental Healthcare Limited, has signed a three year exclusive UK
distribution agreement with DistalMotion SA, a Swiss manufacturer
of a new surgical robot.
The 'Dexter' robot brings a totally new dimension to the
clinical efficacy of robotic surgery, allowing a surgeon to swap
from robotic to laparoscopic surgery and back as required within
the sterile field. 'Dexter' will be CE marked in mid-2019 giving
Elemental Healthcare time to train a dedicated team in preparation
for its launch.
Adam Power, Group Development Director of Surgical Innovations
Group plc, commented: "The market for surgical robots in the UK is
limited by the cost and by the range of applications for which
existing competitors are appropriate. 'Dexter' offers a much
broader range of surgical opportunities and employs a novel funding
model. As a consequence, we expect 'Dexter' by DistalMotion SA to
address the issues limiting the growth of surgical robots in the UK
and to be a more acceptable solution for NHS and Private
Hospitals."
Dr Matthias Reif, Head of Sales and Marketing of DistalMotion SA
commented: "Elemental Healthcare is a proven partner to
commercialise innovative technology, and we are excited to partner
as we believe this is the best route to commercialise 'Dexter'. The
UK market is among the largest medical device markets in Europe,
and a key region for Distalmotion to prove robotic surgery can be
simplified and integrated into laparoscopic surgery."
For more information on DistalMotion SA, please visit:
www.distalmotion.com
For further information please contact:
Surgical Innovations Group plc www.sigroupplc.com
Nigel Rogers, Executive Chairman Tel: 0113 230 7597
Melanie Ross, COO & CFO
WH Ireland Limited (NOMAD & Broker) Tel: 0207 220 1666
Adrian Hadden
Chris Viggor
Walbrook PR (Financial PR & Investor Tel: 020 7933 8780 or si@walbrookpr.com
Relations)
Paul McManus Mob: 07980 541 893
Lianne Cawthorne Mob: 07584 391 303
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END
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