eCential Robotics and the European Investment Bank (EIB) have today announced the signature of a €15 million financing agreement. The operation aims to finance research and innovation to help eCential Robotics achieve its ambition of becoming the digital surgery and robotics standard of the operating room for neuro-musculo-skeletal surgery.
After launching its platform unifying 2D/3D robotic imaging and real-time navigation in 2017 and presenting its surgical robotic arm enabling surgeons to perform planned procedures with efficiency and reproducible precision (CE marking and FDA certification in process) last June, eCential Robotics is now pursuing its innovation endeavours to offer a fully unified and comprehensive robotic solution for bone surgery in the operating room. This investment has the potential to unlock new paradigms for facilitating surgical procedures by opening up the possibility for new applications in orthopedic and traumatology surgery. This will enable healthcare professionals to perform less invasive procedures in a safer and serene environment.
“We are very pleased with this financing agreement with the EIB, which is part of global financing of close to €100 million – unprecedented in the French medtech sector. It will support the innovation efforts of eCential Robotics to become a major player in the transformation from traditional surgery to digital and robotic surgery – a field that is experiencing significant growth – by offering hospitals and surgeons who use our products a safe and efficient solution that is in patients’ best interests,” said Laurence Chabanas, eCential Robotics Managing Director.
EIB Vice-President Ambroise Fayolle commented, “As the European Union’s bank, we are delighted to be contributing to the development of eCential Robotics and its disruptive technology in bone surgery to improve patients’ well-being and practitioners’ use. This loan is in line with the EIB’s policy to support European medtech and surgical robotics companies in order to enhance the quality of care in our healthcare systems and Europe’s competitiveness in this rapidly developing sector of the economy.”
Source: eCential Robotics.