Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:


Surgical Robots win £1.025m Funding through Oxford Angels Network


A Buckinghamshire company whose intelligent robots can assist surgeons during complex operations has raised £1.025 million with the help of Oxfordshire Investment Opportunity Network (OION), Europe’s leading technology business angel network, and investment from Hoegh Capital and Octopus Asset Management. Armstrong Healthcare Ltd, a world-leading producer of image-guided surgical robots, will use the funds to support the development of its three main products through clinical trials to launch as revenue generating products.

Mr Kevin D’Silva, Chairman of Armstrong Healthcare, said:
“Advances in minimally-invasive surgery favour the use of our robots which can place surgical instruments much more precisely on a selected area, and significantly reduce trauma to patients. At Armstrong, we work closely with surgeons to create robots to assist in a range of surgical specialities, from neurosurgery to cardio-thoracic surgery.”

Armstrong’s EndoAssist camera-holding robot has already been successfully used in coronary bypass surgery, and is used in laparoscopic**(abdominal) procedures in a number of hospitals across Europe. In cardio-thoracic surgery, the robot enables surgeons to work on the affected internal area via a small incision in the chest, avoiding the conventional surgical approach of slicing down the breastbone to gain access. The robot holds the camera, providing a ‘rock steady’ and accurate close-up of the internal chest wall or heart, and moves the camera precisely in response to small movements from a surgeon’s head.

The company’s Pathfinder image-guided robot assists surgeons with neurosurgical procedures, ranging from simple tumour biopsies to complex neurosurgery, and an OrthoTrack robot for orthopaedic surgery is scheduled for launch in 2007.

Mr D’Silva continued: “Our robots bring significant benefits for both surgeons and patients. Surgeons can perform less invasive techniques and achieve more precise targeting, and patients face less scarring and enjoy a much faster recovery time.”

Mr D’Silva commented on the fundraising process:
“Our experience is that OION delivers a very effective fundraising forum for emerging, high technology companies. Jon Cox and the OION team are very efficient and supportive and during the process they introduced us to a range of funding sources including private equity institutions and business angels. Armstrong is one of only three surgical robot companies in the world and it is highly encouraging to receive investment support from the local financial community.”

Dr Jon Cox, Manager of OION, said:
“Armstrong is responding to modern healthcare developments to provide a better outcome for surgeons and patients, as well as maximising valuable healthcare resources. OION has helped a number of healthcare companies raise finance to develop their innovative products, and we were delighted to assist Armstrong with the final stage of their fundraising programme, enabling the company to bring its innovative robotic solutions to market. On this occasion, we matched Armstrong with Lacomp, one of several EIS (Enterprise Investment Scheme) fund members of the OION Network. This is the second time that Lacomp have chosen to invest after seeing a company at an OION meeting.”

Mr D’Silva concluded:
“There is undoubtedly an exciting future for surgical robots. Providing surgeons with greatly improved precision and full traceability enables operations that have not yet been attempted as hitherto surgeons were not confident of the levels of accuracy. I hope that Armstrong will play its part in creating tomorrow’s surgical solutions.”

Margaret Henry | alfa
Further information:

More articles from Health and Medicine:

nachricht New potential cancer treatment using microwaves to target deep tumors
12.10.2016 | University of Texas at Arlington

nachricht Breakthrough in Mapping Nicotine Addiction Could Help Researchers Improve Treatment
04.10.2016 | UT Southwestern Medical Center

All articles from Health and Medicine >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: New 3-D wiring technique brings scalable quantum computers closer to reality

Researchers from the Institute for Quantum Computing (IQC) at the University of Waterloo led the development of a new extensible wiring technique capable of controlling superconducting quantum bits, representing a significant step towards to the realization of a scalable quantum computer.

"The quantum socket is a wiring method that uses three-dimensional wires based on spring-loaded pins to address individual qubits," said Jeremy Béjanin, a PhD...

Im Focus: Scientists develop a semiconductor nanocomposite material that moves in response to light

In a paper in Scientific Reports, a research team at Worcester Polytechnic Institute describes a novel light-activated phenomenon that could become the basis for applications as diverse as microscopic robotic grippers and more efficient solar cells.

A research team at Worcester Polytechnic Institute (WPI) has developed a revolutionary, light-activated semiconductor nanocomposite material that can be used...

Im Focus: Diamonds aren't forever: Sandia, Harvard team create first quantum computer bridge

By forcefully embedding two silicon atoms in a diamond matrix, Sandia researchers have demonstrated for the first time on a single chip all the components needed to create a quantum bridge to link quantum computers together.

"People have already built small quantum computers," says Sandia researcher Ryan Camacho. "Maybe the first useful one won't be a single giant quantum computer...

Im Focus: New Products - Highlights of COMPAMED 2016

COMPAMED has become the leading international marketplace for suppliers of medical manufacturing. The trade fair, which takes place every November and is co-located to MEDICA in Dusseldorf, has been steadily growing over the past years and shows that medical technology remains a rapidly growing market.

In 2016, the joint pavilion by the IVAM Microtechnology Network, the Product Market “High-tech for Medical Devices”, will be located in Hall 8a again and will...

Im Focus: Ultra-thin ferroelectric material for next-generation electronics

'Ferroelectric' materials can switch between different states of electrical polarization in response to an external electric field. This flexibility means they show promise for many applications, for example in electronic devices and computer memory. Current ferroelectric materials are highly valued for their thermal and chemical stability and rapid electro-mechanical responses, but creating a material that is scalable down to the tiny sizes needed for technologies like silicon-based semiconductors (Si-based CMOS) has proven challenging.

Now, Hiroshi Funakubo and co-workers at the Tokyo Institute of Technology, in collaboration with researchers across Japan, have conducted experiments to...

All Focus news of the innovation-report >>>



Event News

#IC2S2: When Social Science meets Computer Science - GESIS will host the IC2S2 conference 2017

14.10.2016 | Event News

Agricultural Trade Developments and Potentials in Central Asia and the South Caucasus

14.10.2016 | Event News

World Health Summit – Day Three: A Call to Action

12.10.2016 | Event News

Latest News

Innovative technique for shaping light could solve bandwidth crunch

20.10.2016 | Physics and Astronomy

Finding the lightest superdeformed triaxial atomic nucleus

20.10.2016 | Physics and Astronomy

NASA's MAVEN mission observes ups and downs of water escape from Mars

20.10.2016 | Physics and Astronomy

More VideoLinks >>>