Ascendum Acquires Disposable Robotic System for Blood Vessel Procedures
Hong Kong-based medtech investment company Ascendum Capital has acquired a majority stake in EndoWays, an Israeli robotics company that has developed a disposable robotic system designed for use in catheterization procedures.
The EndoWays robotically-assisted microcatheter assists with navigation and operation within blood vessels in neurovascular, peripheral and cardiac surgeries. The device supports the navigation of complex, hard-to-navigate blood vessels and helps to reduce radiation exposure to the user.
EndoWays said the investment deal, for an undisclosed cash amount, will help it to accelerate its clinical and commercial development, especially in China.