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Medical Device Developer TransEnterix Raising $2.5M

Medical device company TransEnterix is on its way to securing another $2.5 million in financing. The Research Triangle Park company has raised just shy of $2 million in funding, which started on Aug. 5.

TransEnterix has already commercialized a minimally-invasive surgical system. The SPIDER surgical system requires only a small incision in the belly button to give surgeons access to the abdomen to perform a variety of procedures. The company is now testing a new system, SurgiBot, a surgical system that brings robotic capabilities to TransEnterix’s approach to surgery; in contrast, the SPIDER system is operated manually by a surgeon.

Read entire article: http://wraltechwire.com/medical-device-developer-transenterix-raising-2-5m/12770967/

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