Asensus and KARL STORZ to Market the Intelligent Surgical Unit and Co-Develop New Vision and Instrument Platforms
The definitive agreements to be developed under the MoU will include the following components:
o KARL STORZ intends to market and sell Asensus’ Intelligent Surgical Unit™ (ISU™) as a standalone device together with their IMAGE1 S™ Imaging system and OR1™ integration solution.
o The companies intend to work together on the integration of the ISU into KARL STORZ's laparoscopic vision systems
o The companies intend to jointly collaborate on developing next-generation instrumentation to be used with Asensus and KARL STORZ surgical platforms
The detailed terms are currently being negotiated, and definitive agreements will be finalized within 90 days.
“We are thrilled to announce this MoU with KARL STORZ, a leader in the field of advanced surgical visualization and instrumentation,” said
The medical technology company
This press release includes statements relating to the MOU with KARL STORZ VentureONE. These statements and other statements regarding our future plans and goals constitute "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that are often difficult to predict, are beyond our control and which may cause results to differ materially from expectations and include whether the companies will be able to negotiate and finalize definitive agreements and whether the collaboration will be successful. For a discussion of the risks and uncertainties associated with the Company’s business, please review our filings with the
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Source: Asensus Surgical, Inc.