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Vicarious Surgical Announces New Hospital System Partnership with LSU Health New Orleans

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Vicarious Surgical (NYSE: RBOT) has signed a strategic development agreement with LSU Health New Orleans, Louisiana's flagship academic health sciences center. This partnership will provide Vicarious Surgical access to LSU Health's network of experienced robotic surgeons and supporting staff. The collaboration aims to validate training protocols and identify drivers of surgeon adoption for Vicarious Surgical's V1.0 system.

LSU Health New Orleans, which partners with University Medical Center (UMC), treats over 200,000 patients annually and is responsible for more than 1 million patient visits across its broader system. The partnership will allow Vicarious Surgical to conduct formative studies on the clinical and economic value of their system, particularly in regional care settings with an academic focus.

Vicarious Surgical (NYSE: RBOT) ha firmato un accordo strategico di sviluppo con l'LSU Health di New Orleans, il principale centro accademico per le scienze della salute della Louisiana. Questa collaborazione offrirà a Vicarious Surgical accesso alla rete di chirurghi robotici esperti e personale di supporto di LSU Health. L'obiettivo del partnership è validare i protocolli di formazione e identificare i fattori che influenzano l'adozione da parte dei chirurghi del sistema V1.0 di Vicarious Surgical.

LSU Health New Orleans, che collabora con il University Medical Center (UMC), tratta oltre 200.000 pazienti all'anno ed è responsabile di più di 1 milione di visite pazienti all'interno del proprio sistema. Questa partnership permetterà a Vicarious Surgical di condurre studi formativi sul valore clinico ed economico del loro sistema, in particolare nelle strutture di assistenza regionale con un focus accademico.

Vicarious Surgical (NYSE: RBOT) ha firmado un acuerdo estratégico de desarrollo con LSU Health New Orleans, el principal centro académico de ciencias de la salud de Louisiana. Esta colaboración brindará a Vicarious Surgical acceso a la red de cirujanos robóticos experimentados y al personal de apoyo de LSU Health. El objetivo de la asociación es validar los protocolos de capacitación e identificar los factores que impulsan la adopción por parte de los cirujanos del sistema V1.0 de Vicarious Surgical.

LSU Health New Orleans, que se asocia con el University Medical Center (UMC), atiende a más de 200,000 pacientes anualmente y es responsable de más de 1 millón de visitas de pacientes en su sistema más amplio. La asociación permitirá a Vicarious Surgical realizar estudios formativos sobre el valor clínico y económico de su sistema, en particular en entornos de atención regional con un enfoque académico.

Vicarious Surgical (NYSE: RBOT)는 루이지애나의 대표적인 의료 과학 센터인 LSU Health New Orleans와 전략적 개발 계약을 체결했습니다. 이 파트너십은 Vicarious Surgical이 LSU Health의 경험이 풍부한 로봇 외과 의사 및 지원 직원 네트워크에 접근할 수 있도록 합니다. 이 협력의 목표는 훈련 프로토콜을 검증하고 Vicarious Surgical의 V1.0 시스템에 대한 외과 의사의 채택 요인을 식별하는 것입니다.

LSU Health New Orleans는 University Medical Center(UMC)와 협력하여 매년 200,000명 이상의 환자를 치료하고 있으며, 더 넓은 시스템에서 100만 건 이상의 환자 방문을 담당하고 있습니다. 이 파트너십을 통해 Vicarious Surgical은 특히 학술 중심의 지역 의료 환경에서 그들의 시스템의 임상적 및 경제적 가치에 대한 형성 연구를 수행할 수 있게 됩니다.

Vicarious Surgical (NYSE: RBOT) a signé un accord stratégique de développement avec LSU Health New Orleans, le principal centre académique des sciences de la santé en Louisiane. Ce partenariat donnera à Vicarious Surgical accès au réseau de chirurgiens robotiques expérimentés et de personnel de soutien de LSU Health. La collaboration vise à valider les protocoles de formation et à identifier les facteurs qui influencent l'adoption par les chirurgiens du système V1.0 de Vicarious Surgical.

LSU Health New Orleans, qui collabore avec le University Medical Center (UMC), traite plus de 200 000 patients par an et est responsable de plus d'un million de visites de patients dans l'ensemble de son système. Ce partenariat permettra à Vicarious Surgical de réaliser des études formatives sur la valeur clinique et économique de son système, en particulier dans des contextes de soins régionaux avec un accent académique.

Vicarious Surgical (NYSE: RBOT) hat eine strategische Entwicklungsvereinbarung mit LSU Health New Orleans, dem führenden akademischen Gesundheitszentrum von Louisiana, unterzeichnet. Diese Partnerschaft bietet Vicarious Surgical Zugang zu einem Netzwerk erfahrener roboterassistierter Chirurgen und unterstützendem Personal von LSU Health. Das Ziel der Zusammenarbeit ist es, Schulungsprotokolle zu validieren und Faktoren zu identifizieren, die die Übernahme durch Chirurgen für das V1.0-System von Vicarious Surgical fördern.

LSU Health New Orleans, das mit dem University Medical Center (UMC) kooperiert, behandelt jährlich über 200.000 Patienten und ist für mehr als 1 Million Patientenkontakte im gesamten System verantwortlich. Die Partnerschaft ermöglicht es Vicarious Surgical, formative Studien zum klinischen und wirtschaftlichen Wert ihres Systems, insbesondere in akademisch ausgerichteten regionalen Gesundheitseinrichtungen, durchzuführen.

Positive
  • Strategic partnership with LSU Health New Orleans, a major academic health sciences center
  • Access to experienced robotic surgeons and supporting staff for system development
  • Opportunity to validate training protocols and identify drivers of surgeon adoption
  • Collaboration on formative studies for clinical and economic value proposition of V1.0 system
  • Insight into adoption dynamics in regional care centers with academic emphasis
Negative
  • None.

Insights

This partnership between Vicarious Surgical and LSU Health New Orleans is a strategic move for the robotics company. It provides access to a large healthcare network, offering valuable opportunities for system validation and adoption research. The collaboration with experienced robotic surgeons and staff at LSU Health New Orleans will help Vicarious Surgical refine their V1.0 system and develop effective training protocols.

The partnership's focus on clinical and economic value proposition studies is important for market penetration. Understanding the dynamics of adoption in regional care centers with academic emphasis will be key for Vicarious Surgical's commercial strategy. However, it's important to note that while this partnership is promising, it doesn't guarantee immediate financial returns or market success. The long-term impact will depend on the outcomes of the collaboration and the company's ability to leverage the insights gained.

This partnership highlights the growing importance of robotics in medical education. LSU Health New Orleans, as Louisiana's largest medical training center, provides Vicarious Surgical with a unique opportunity to influence future surgeons during their formative years. This early exposure could lead to increased adoption rates among new generations of surgeons.

The collaboration also demonstrates a shift in medical education paradigms, integrating cutting-edge technologies into training programs. This approach can enhance the skills of future healthcare professionals, potentially improving patient outcomes. However, it's important to balance technological advancements with traditional surgical skills. The success of this educational aspect will depend on how well Vicarious Surgical's technology is integrated into LSU Health New Orleans's curriculum and training protocols.

This partnership represents a strategic entry point for Vicarious Surgical into the regional healthcare market. LSU Health New Orleans's profile as a regional care provider with an academic emphasis offers Vicarious Surgical insights into a specific market segment that could be replicated in other regions.

The collaboration on formative studies investigating the clinical and economic value proposition of the V1.0 system is crucial. These studies could provide evidence-based support for the adoption of Vicarious Surgical's technology, potentially accelerating market penetration. However, investors should be aware that the timeline for significant revenue impact may be extended, as the partnership focuses on development and validation rather than immediate sales. The long-term potential of this partnership lies in its ability to shape future market dynamics and establish Vicarious Surgical as a key player in robotic surgery technology.

WALTHAM, Mass.--(BUSINESS WIRE)-- Vicarious Surgical Inc. (“Vicarious Surgical” or the “Company”) (NYSE: RBOT, RBOT WS), a next-generation robotics technology company seeking to improve lives by transforming robotic surgery, today announced that it has signed a strategic development agreement with the LSU Health New Orleans.

LSU Health New Orleans is Louisiana’s flagship and most comprehensive academic health sciences center. Known for the quality of its academic and training programs, the center educates the majority of Louisiana’s health care professionals. LSU Health New Orleans partners with University Medical Center (UMC), which hosts the largest medical training center in Louisiana. At the heart of UMC's operations is a network of over 760 physicians, supported by 446 licensed inpatient beds, 369 exam rooms, and 23 state-of-the-art surgical suites. UMC treats more than 200,000 patients annually across primary and specialty care. Across the broader LSU Health New Orleans system, faculty are responsible for more than 1 million patient visits annually.

Through the agreement, Vicarious Surgical will gain access to the LSU Health New Orleans network and collaborate directly with its team of experienced robotic surgeons and supporting staff. The partnership will leverage LSU Health New Orleans’s extensive surgeon training expertise to validate training protocols and identify expected drivers of surgeon adoption. The partnership also offers Vicarious Surgical the opportunity to collaborate on formative studies investigating the clinical and economic value proposition of the Company’s V1.0 system. LSU Health New Orleans’s profile as a regional care provider with an academic emphasis differentiates the partnership and offers Vicarious Surgical the opportunity to better understand the dynamics driving adoption in these settings.

“We’re thrilled to partner with LSU Health New Orleans as we tailor our system development and commercial launch strategies to meet the needs of individual care networks,” said Adam Sachs, CEO and Co-Founder, Vicarious Surgical. “As a regional provider with a prominent academic arm, LSU Health New Orleans offers unique insight into the administrative and clinical protocols associated with regional care centers of a similar profile. At the same time, their emphasis on physician training, involving learners at all levels, represents a meaningful opportunity for our team to collaborate with the next generation of surgeons and gain insight into the drivers of future system adoption.”

“As a network of providers dedicated to educating and mentoring the next generation of healthcare professionals, we are always looking at ways to improve the current standard of care,” said Dr. Michael Cook, Associate Professor of Clinical Surgery at LSU Health New Orleans. “Soft-tissue robotic surgery is an area of focus within our organization, and the differentiated value proposition supporting Vicarious’ single-port approach represents a meaningful step towards better care for patients. We look forward to working with the entire Vicarious Surgical team to further our joint mission of improving patient lives.”

About Vicarious Surgical

Founded in 2014, Vicarious Surgical is a next generation surgical robotics company, developing a unique disruptive technology with the multiple goals of substantially increasing the efficiency of surgical procedures, improving patient outcomes, and reducing healthcare costs. The Company’s novel surgical approach uses proprietary human-like surgical robots to virtually transport surgeons inside the patient to perform minimally invasive surgery. The Company is led by an experienced team of technologists, medical device professionals and physicians, and is backed by technology luminaries including Bill Gates, Vinod Khosla’s Khosla Ventures, Innovation Endeavors, Jerry Yang’s AME Cloud Ventures, Sun Hung Kai & Co. Ltd and Philip Liang’s E15 VC. The Company is headquartered in Waltham, Massachusetts. Learn more at www.vicarioussurgical.com.

About LSU Health New Orleans

LSU Health New Orleans educates Louisiana's health care professionals. The state's health sciences university leader, LSU Health New Orleans includes a School of Medicine with campuses in New Orleans, Baton Rouge and Lafayette, the state's only School of Dentistry, Louisiana's only public School of Public Health, and Schools of Allied Health Professions, Nursing, and Graduate Studies. LSU Health New Orleans faculty take care of patients in hospitals and clinics throughout the region. In the vanguard of biosciences research, the LSU Health New Orleans research enterprise generates jobs and enormous annual economic impact. LSU Health New Orleans faculty have made lifesaving discoveries and continue to work to prevent, advance treatment and cure disease.

Investor

Kaitlyn Brosco

Vicarious Surgical

Kbrosco@vicarioussurgical.com



Media Inquiries

media@vicarioussurgical.com

Source: Vicarious Surgical Inc.

FAQ

What is the new partnership announced by Vicarious Surgical (RBOT)?

Vicarious Surgical (RBOT) has announced a strategic development agreement with LSU Health New Orleans, Louisiana's flagship academic health sciences center.

How will the partnership with LSU Health New Orleans benefit Vicarious Surgical (RBOT)?

The partnership will provide Vicarious Surgical (RBOT) access to LSU Health's network of robotic surgeons, help validate training protocols, identify drivers of surgeon adoption, and allow for formative studies on the clinical and economic value of their V1.0 system.

What is the significance of LSU Health New Orleans for Vicarious Surgical's (RBOT) development?

LSU Health New Orleans offers Vicarious Surgical (RBOT) unique insights into administrative and clinical protocols of regional care centers, as well as an opportunity to collaborate with the next generation of surgeons due to its emphasis on physician training.

How many patients does LSU Health New Orleans treat annually?

LSU Health New Orleans, in partnership with University Medical Center (UMC), treats over 200,000 patients annually across primary and specialty care, with more than 1 million patient visits across its broader system.

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