Press Releases

$30 Million Financing Raised from Existing TransEnterix and SafeStitch Medical Stockholders

Combined Company to be Renamed TransEnterix

SafeStitch Medical Announces Definitive Agreement to Merge with TransEnterix MIAMI, FL and RESEARCH TRIANGLE, N.C. – SafeStitch Medical, Inc. (OTCBB: SFES), today announced that it has entered into a definitive agreement to merge with TransEnterix, Inc., a privately-held, medical device company

Company’s single-site mobile robot is now undergoing pre-clinical testing

Dr. Patrick Chiasson also uses novel single-incision surgical platform for gallbladder removal

Gastric sleeve weight-loss surgery patients report satisfaction with lack of visible scars, recovery and comfort

Sun Coast Bariatrics is using the SPIDER® System to perform single-incision sleeve gastrectomy

Internationally renowned surgeon Dr. Michel Gagner performs gastric sleeve through the patient’s belly button

Laparoscopic surgeon Dr. Michel Gagner headlines symposium at New Delhi’s Max Institute

Platform delivers smallest incision in single-site market while replicating triangulation of multi-port systems

Second tranche of Series B to accelerate development and commercialization of new flexible surgical tools