Hansen Medical, Inc, headquartered in Mountain View, California, designs and manufactures medical robotics for positioning and control of catheter-based technologies that was founded in 2002 by Frederic Moll, M.D. to develop tools that manipulate catheters by combining robotic technology and computerized movement.
 | |
| Company type | Intravascular Robotics |
|---|---|
| Nasdaq: HNSN | |
| Industry | Medical Appliances & Equipment |
| Founded | 2002 |
| Headquarters | , U.S. |
Key people | Cary Vance (CEO) |
| Products | Sensei Robotic System and Magellan Robotic System |
| Website | www |
In 2005, Hansen bought EndoVia Medical Inc., a medical robotics company.[1]
Later that year, Hansen Medical and Intuitive Surgical, another company founded by Moll, entered into a cross-licensing agreement that included Hansen's portfolio of 50 issued and pending patents and patent applications and Intuitive's 250 issued patents related to minimally invasive instruments and surgical robotics.[2] The agreement gave Intuitive Surgical an equity stake in Hansen and royalties on the future sales of Hansen Medical products. The full financial terms of the agreement were not made public.[3]
Hansen Medical went public in 2006, raising $75 million in its initial public offering with two catheter systems under FDA review. The shares represented about 30% of the company.[4][5][6]
In July 2016 it was acquired by Auris Surgical Robotics, and it was said to be a $80 million merger.[7][8]
References
edit- ^ Staff writer (April 14, 2005). "EndoVia Medical bought by Calif. firm". Boston Business Journal. Retrieved 5 November 2014.
- ^ Staff writer, (release) (September 5, 2005). "Hansen Medical and Intuitive Surgical Cross-License Robotic Technologies; License Broadens Potential Markets for Hansen Medical's Catheter Control System for Intravascular Procedures". Business Wire. Retrieved 6 November 2014.
- ^ "Hansen Medical and Intuitive Surgical Cross-License Robotic Technologies".
- ^ Staff writer (November 16, 2006). "Hansen Medical Announces Initial Public Offering". Catalyst Health Ventures. Retrieved 5 November 2014.
- ^ "Hansen Medical, a medical robotics co., raises $75M in IPO". Venture Beat. November 16, 2006. Retrieved 6 November 2014.
- ^ Egelko, Bob (October 8, 2011). "Securities and Exchange Commission has accused two former sales executives of a Mountain View medical supply company of illegally inflating revenue by prematurely installing hospital equipment and forging a doctor's signature to accelerate a sale". SF GATE. San Francisco Chronicle. Retrieved 6 November 2014.
- ^ Stynes, Tess (2016-04-20). "Hansen Medical Agrees to Be Acquired by Auris Surgical". Wall Street Journal. ISSN 0099-9660. Retrieved 2017-09-06.
- ^ "Auris Surgical Robotics closes $80m Hansen Medical buy – MassDevice". www.massdevice.com. Retrieved 2017-09-06.