TransEnterix deals SurgiBot assets for $29m to China’s Great Belief International

The Robot Report

TransEnterix (NYSE:TRXC) said today that it agreed to deal its SurgiBot assets to Chinese medtech investment firm Great Belief International for $29 million. The agreement calls for Research Triangle Park, N.C.-based TransEnterix to retain the distribution rights to SurgiBot, which it shelved last year, outside of the U.S. The FDA in April 2016  denied 510(k) clearance for…

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Source: therobotreport

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