Asensus Surgical Announces St. Marianna University School of Medicine Yokohama City Seibu Hospital in Japan to Initiate Senhance Surgery Program
Asensus Surgical has announced a partnership with St. Marianna University School of Medicine Yokohama City Seibu Hospital in Japan. The hospital will lease and utilize Asensus' Senhance® Surgical System in its Urology and Gastroenterology/General Surgery departments. This collaboration aims to bring advanced surgical capabilities to the hospital, leveraging the Intelligent Surgical Unit™ with Augmented Intelligence for real-time insights. The Senhance System is designed to enhance surgeon control and reduce variability, blending human skill with clinical intelligence.
- St. Marianna University School of Medicine Yokohama City Seibu Hospital has agreed to lease and utilize the Senhance® Surgical System.
- The Senhance System's Intelligent Surgical Unit™ offers real-time insights leveraging global procedural expertise.
- The system aims to enhance surgeon control and reduce variability through Augmented Intelligence and deep learning.
- None.
Insights
The introduction of the Senhance Surgical System at St. Marianna University School of Medicine Yokohama City Seibu Hospital is a noteworthy milestone for Asensus Surgical. This event signifies a step forward in the adoption of advanced surgical technologies in prestigious medical institutions. The Senhance Surgical System integrates augmented intelligence and deep learning, offering surgeons enhanced real-time insights that could improve surgical precision and patient outcomes.
From an investor’s perspective, this development could potentially increase the market acceptance and credibility of Asensus' technology within the medical community. Historically, successful integration of such systems in high-profile hospitals often leads to broader acceptance and adoption, which could translate into increased sales and market share for Asensus. However, it's important for investors to monitor the operational and financial performance resulting from this implementation to gauge the long-term impact on the company's financials.
Financially, the agreement to lease the Senhance Surgical System could provide a steady stream of recurring revenue for Asensus Surgical. Leasing, as opposed to outright sales, means predictable revenue over the lease term, potentially smoothing out the company's cash flows. However, investors should be cautious and watch for any indications of how widespread adoption is evolving, particularly in other key markets.
In the near term, the financial impact might be modest, but if this installation proves successful and leads to wider adoption, the long-term revenue growth potential could be significant. It’s also important to consider the costs involved in supporting the system and the potential for recurring maintenance and training needs, which could impact the margins.
This event is an interesting development in the landscape of robotic and AI-assisted surgery. The Senhance System’s deployment in Japan, a country known for its advanced healthcare system, is a strategic move. Japan’s aging population and high healthcare standards make it an ideal market for advanced surgical systems. If the system performs well, it could lead to similar adoptions across other hospitals in Japan and potentially in other regions.
Investors should keep an eye on market feedback and clinical outcomes from this hospital. Positive results could boost Asensus' reputation and competitive standing in the medical device industry. However, the company will need to navigate regulatory approvals, training for surgeons and integration into existing healthcare workflows, which can be complex and time-consuming.
RESEARCH TRIANGLE PARK, N.C., June 24, 2024 (GLOBE NEWSWIRE) -- Asensus Surgical, Inc. (NYSE American: ASXC), a medical device company that is digitizing the interface between the surgeon and the patient, today announced that St. Marianna University School of Medicine Yokohama City Seibu Hospital in Japan has entered into an agreement to lease and utilize a Senhance® Surgical System in the Urology and Gastroenterology/General Surgery department.
"We are excited to collaborate with the St. Marianna University School of Medicine Yokohama City Seibu Hospital to bring our Senhance Surgical System to this innovative institution," said Anthony Fernando, President and CEO of Asensus Surgical. "Powered by our Intelligent Surgical Unit™ with Augmented Intelligence capabilities, this system represents a leap forward, offering surgeons unparalleled real-time insights that leverage the collective expertise from procedures performed around the world."
“The Senhance System's ability to facilitate a seamless integration of human skill with clinical intelligence will be tremendously valuable for our surgeons,” said Dr. Masanori Naito, M.D.,Ph.D. Hospital Vice Director, Head of Gastroenterological & General Surgery. “Our hospital seeks to blend scientific excellence with compassionate, patient-centered care. We look forward to harnessing its capabilities in our GI/General Surgery & Urology specialties as we continue pushing the boundaries of medical innovation.”
The Senhance Surgical System is designed to increase surgeon control and reduce variability through Augmented Intelligence and deep learning capabilities.
About St. Marianna University School of Medicine Yokohama City Seibu Hospital
Our university was founded in 1971 by the devout Catholic Dr. Kamon Akashi. Then-Pope Paul VI took a great interest in the university’s establishment and presented the special gift of a chalice and paten to mark the occasion. Japan’s only medical university with Christian ideals as its founding ethos, our university has so far trained nearly 5,000 physicians filled with the spirit of love and dedicated service. This philosophy—the Marianna Spirit—is reflected not only in the undergraduate educational curriculum but also throughout the care offered at our associated medical facilities and in our specialist postgraduate education and research. It forms the very foundation of our outstanding education, which produces individuals who are both proficient scientists and compassionate physicians. St. Marianna University School of Medicine Yokohama City Seibu Hospital opened in 1987 as part of the Yokohama 21st Century Plan. It is a sophisticated general hospital for the 21st century that actively incorporates the very latest medical care techniques. It also has a tertiary emergency care center capable of dealing with all fields of medicine around the clock.
About Asensus Surgical, Inc.
Asensus Surgical is revolutionizing surgery with the first intra-operative Augmented Intelligence technology approved for use in operating rooms around the world. Recognized as an award-winning leader in digital technology, Asensus is committed to making surgery more accessible and predictable while delivering consistently superior outcomes. The Company’s novel approach to digitizing laparoscopy has led to system placements globally. Led by engineers, medical professionals, and industry luminaries, Asensus is powered by human ingenuity and driven by collaboration. To learn more about Asensus, visit www.asensus.com.
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Forward-Looking Statements
This press release includes statements relating to the Senhance Surgical System and St. Marianna University School of Medicine Yokohama City Seibu Hospital in Japan initiating a program with the Senhance System. These statements and other statements regarding our future plans and goals constitute "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that are often difficult to predict, are beyond our control and which may cause results to differ materially from expectations and include whether Asensus Surgical can accelerate the adoption of the Senhance Surgical System throughout Japan and other key geographies around the world and whether the Senhance Surgical System will enable St. Marianna University School of Medicine Yokohama City Seibu Hospital to offer surgeons unparalleled real-time insights that leverage the collective expertise from procedures performed around the world. For a discussion of the risks and uncertainties associated with the Company’s business, please review our filings with the Securities and Exchange Commission (SEC), including our Annual Report on Form 10-K for the year ended December 31, 2023, filed with the SEC on March 22, 2024 and our other filings we make with the SEC. You are cautioned not to place undue reliance on these forward looking statements, which are based on our expectations as of the date of this press release and speak only as of the origination date of this press release. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
INVESTOR CONTACT:
Mark Klausner or Mike Vallie
ICR Westwicke
invest@asensus.com
443-213-0499
MEDIA CONTACT:
Dan Ventresca
Matter Communications
AsensusPR@matternow.com
617-874-5488
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/eaeea3b9-0c6e-4d0b-b65d-cf0871c00b0c
FAQ
What is the significance of Asensus Surgical's collaboration with St. Marianna University School of Medicine Yokohama City Seibu Hospital?
When was the partnership between Asensus Surgical and St. Marianna University School of Medicine Yokohama City Seibu Hospital announced?
Which departments at St. Marianna University School of Medicine Yokohama City Seibu Hospital will use the Senhance® Surgical System?
What are the benefits of the Senhance® Surgical System for surgeons?
