Asensus Surgical and Karl Storz to market Intelligent Surgical Unit

Asensus Surgical has entered into a Memorandum of Understanding with Karl Storz VentureONE, a wholly owned subsidiary of Karl Storz, a company in the medical technologies industry, specializing in the area of endoscopes, medical instruments, and devices that offers technology for minimally invasive procedures in virtually all surgical specialties. The definitive agreements to be developed under the MoU will include the following components: Karl Storz intends to market and sell Asensus’ Intelligent Surgical Unit as a standalone device together with their IMAGE1 S Imaging system and OR1 integration solution; the companies intend to work together on the integration of the ISU into Karl Storz’s laparoscopic vision systems; 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.