Get the most out of Ro­bot­ics Business Review!



This is an article excerpt. Please register to view the entire article.
Learn more about membership benefits and start your membership today!

P R E S S   R E L E A S E
Hansen Medical Completes Acquisition Of AorTx
The acquisition will support Hansen Medical leveraging its Sensei(TM) Robotic Catheter system.
By RBR Staff


Hansen Medical, Inc. (Nasdaq:HNSN) has completed its acquisition of AorTx, Inc., an early stage developer of “percutaneous” or catheter-based valve technology.

The acquisition will support Hansen Medical leveraging its Sensei(TM) Robotic Catheter system, which is currently marketed for electrophysiology procedures, into the rapidly developing market for percutaneous heart valve therapy.

The financial terms of the acquisition include closing payments of 140,048 shares of Hansen Medical common stock and approximately $4.5 million in cash and Hansen Medical’s payment or cancellation at closing of approximately $1.0 million of AorTx liabilities. In addition, there are also possible milestone payments that total up to $15 million in Hansen Medical common stock and $15 million in cash upon the achievement of regulatory clearances and revenue and partnering milestones.

This is a preview article. Please register to view the entire article.

Get started
Create your membership.
Already a member?





Comments
No comments yet. Be the first to post a comment.

Name:

Email:


View comment guidelines

Remember me

Notify me of follow-up comments?




Special Focus: Robots and the Law

Special Focus: 3D Printing
3D Printing

The new reality of customizable, one-off production:
Additive Manufacturing (AM). Where it’s going, why and what’s
driving its emergence.


Tomorrow’s Supply Chains Today

What’s Wrong with Supply Chains? Plenty!

Hurco Files Patent for Adapter that Turns CNC Machines into 3D Printers
More in 3D Printing



Six Values Re-writing Laws of Healthcare Robotics

RVT Capitalizing on Robotic Vision Systems

U.S. Navy Testing Lockheed Martin Fortis Exoskeletons

Game Changer Awards: Early Bird Deadline Approaching

Savioke SaviOne Robot Butler Debuts at California Hotel