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SS Innovations’ Flagship SSi Mantra Surgical Robotic Device Successfully Completes Telesurgery Procedures

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SS Innovations International, Inc. (SSII) successfully conducts first-ever telesurgery using SSi Mantra Surgical Robotic System on an animal in India. The surgery involved four complex procedures and was led by world-class surgeons. The Company aims to revolutionize healthcare by making telesurgery accessible globally.
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First-ever telesurgery using SSi Mantra performed on an animal in India

FORT LAUDERDALE, Fla., April 10, 2024 (GLOBE NEWSWIRE) -- SS Innovations International, Inc. (the “Company” or “SS Innovations”) (OTC: SSII), a developer of innovative surgical robotic technologies dedicated to making world class robotic surgery affordable and accessible to a global population, today announced that its SSi Mantra Surgical Robotic System has successfully completed its first-ever telesurgery procedures on an animal in India.

The surgery was conducted at the SS Innovations headquarters in Gurugram, Haryana, on an animal located five kilometers away at the World Laparoscopy Hospital. A team of world-class surgeons, led by SS Innovations’ Founder, Chairman and Chief Executive Officer, Dr. Sudhir Srivastava and Dr. Sudhir Rawal, Medical Director and Chief of Uro-Genital Oncology, Rajiv Gandhi Cancer Institute and Research Centre, Rohini, New Delhi, completed four complex procedures: a radical nephrectomy, cystectomy, cholecystectomy and a prostatectomy.

Dr. Srivastava commented, “This is a groundbreaking moment for SS Innovations and positions the Company at the forefront of telesurgery as we work to shape the future of healthcare in India and around the world. This successful study brings us one step closer to delivering gold standard, precision medicine to all patients, and to making telesurgery an option for surgeons and their patients in the future.”

The SSi Mantra Surgical Robotic System is clinically validated for over 50 different surgical procedures, and to date, more than 900 surgical procedures have been conducted using the system.

About SS Innovations International, Inc.

SS Innovations International, Inc. (OTC: SSII) is a developer of innovative surgical robotic technologies with a vision to make the benefits of robotic surgery affordable and accessible to a larger part of the global population. SSII’s product range includes its proprietary “SSi Mantra” surgical robotic system, and “SSi Mudra”, its wide range of surgical instruments capable of supporting a variety of surgical procedures including robotic cardiac surgery. SSII’s business operations are headquartered in India and SSII has plans to expand the presence of its technologically advanced, user-friendly, and cost-effective surgical robotic solutions, globally. For more information, visit SSII’s website at ssinnovations.com or LinkedIn for updates.

About SSi Mantra

Supporting advanced, affordable, and accessible robotic surgery, the SSi Mantra Surgical Robotic System provides the capabilities for multi-specialty usage including cardiothoracic, head and neck, gynecology, urology, general surgery and more. With its modular arm configuration, 3D 4K vision open-console design and superior ergonomics, the system engages with the surgeon and surgical teams to improve safety and efficiency during procedures. The SSi Mantra has received Indian Medical Device regulatory approval (CDSCO) and is clinically validated in India in more than 50 different types of surgical procedures. The company expects to seek regulatory approvals from the US Food and Drug Administration (FDA) and CE Mark in Europe in 2024 and 2025.

Forward-Looking Statements

This press release may contain statements that are not historical facts and are considered forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. The words “anticipate,” “assume,” “believe,” “estimate,” “expect,” “will,” “intend,” “may,” “plan,” “project,” “should,” “could,” “seek,” “designed,” “potential,” “forecast,” “target,” “objective,” “goal,” or the negatives of such terms or other similar expressions to identify such forward-looking statements. These statements relate to future events or SS Innovations International’s future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

For more information:

PCG Advisory
Jeff Ramson
jramson@pcgadvisory.com
(646) 863-6341


FAQ

What is the significance of the recent announcement by SS Innovations International, Inc. (SSII)?

SS Innovations International, Inc. (SSII) has successfully completed the first-ever telesurgery using its SSi Mantra Surgical Robotic System on an animal in India, marking a significant milestone in the field of robotic surgery.

Who led the team of surgeons for the telesurgery procedures conducted by SS Innovations International, Inc. (SSII)?

The team of world-class surgeons was led by Dr. Sudhir Srivastava, Founder, Chairman, and CEO of SS Innovations, and Dr. Sudhir Rawal, Medical Director and Chief of Uro-Genital Oncology at Rajiv Gandhi Cancer Institute and Research Centre.

How many surgical procedures has the SSi Mantra Surgical Robotic System been clinically validated for?

The SSi Mantra Surgical Robotic System has been clinically validated for over 50 different surgical procedures.

How many surgical procedures have been conducted using the SSi Mantra Surgical Robotic System to date?

To date, more than 900 surgical procedures have been conducted using the SSi Mantra Surgical Robotic System.

What is the ultimate goal of SS Innovations International, Inc. (SSII) in the field of telesurgery?

SS Innovations International, Inc. (SSII) aims to make telesurgery an option for surgeons and their patients in the future, delivering gold standard, precision medicine to all patients globally.

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