Cambridge, UK, 20th November 2015: Cambridge Medical Robotics Ltd, the private company developing a next-generation robotic system for universal minimal access surgery, today announces the completion of its surgical system prototype.
Martin Frost, Chief Executive Officer, commented: “CMR seeks to expand the current $2.3 billion market for robotic minimal access surgery by a factor of 10 with its versatile, universal surgical robotic platform. With a fully manoeuvrable wristed system and small form factor, the system promises to make the benefits of robotic minimal access surgery accessible at a price that will be substantially lower than competing technologies.”
“The recent prototype demonstration has enabled the Company to substantiate its claims and to meet all of its pre-agreed investor milestones. This represents a huge achievement for the CMR team in under two years.”
Medical Director Mark Slack added: “Within the next decade I believe versatile surgical robotic systems will become a standard feature in operating theatres and a critical extension of the modern day surgeon. The CMR system is unique in its versatility and economic sustainability, and is an extremely valuable addition to the surgical robotic market, enabling many more surgeons to deliver keyhole surgical procedures to a broader spectrum of patients.”