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WALTHAM, Mass., August 07, 2024--(BUSINESS WIRE)--Vicarious Surgical Inc. ("Vicarious Surgical" or the "Company") (NYSE: RBOT, RBOT WS), a next-generation robotics technology company seeking to improve lives by transforming robotic surgery, today announced that it has signed a strategic development agreement with the LSU Health New Orleans.
LSU Health New Orleans is Louisiana’s flagship and most comprehensive academic health sciences center. Known for the quality of its academic and training programs, the center educates the majority of Louisiana’s health care professionals. LSU Health New Orleans partners with University Medical Center (UMC), which hosts the largest medical training center in Louisiana. At the heart of UMC's operations is a network of over 760 physicians, supported by 446 licensed inpatient beds, 369 exam rooms, and 23 state-of-the-art surgical suites. UMC treats more than 200,000 patients annually across primary and specialty care. Across the broader LSU Health New Orleans system, faculty are responsible for more than 1 million patient visits annually.
Through the agreement, Vicarious Surgical will gain access to the LSU Health New Orleans network and collaborate directly with its team of experienced robotic surgeons and supporting staff. The partnership will leverage LSU Health New Orleans’s extensive surgeon training expertise to validate training protocols and identify expected drivers of surgeon adoption. The partnership also offers Vicarious Surgical the opportunity to collaborate on formative studies investigating the clinical and economic value proposition of the Company’s V1.0 system. LSU Health New Orleans’s profile as a regional care provider with an academic emphasis differentiates the partnership and offers Vicarious Surgical the opportunity to better understand the dynamics driving adoption in these settings.
"We’re thrilled to partner with LSU Health New Orleans as we tailor our system development and commercial launch strategies to meet the needs of individual care networks," said Adam Sachs, CEO and Co-Founder, Vicarious Surgical. "As a regional provider with a prominent academic arm, LSU Health New Orleans offers unique insight into the administrative and clinical protocols associated with regional care centers of a similar profile. At the same time, their emphasis on physician training, involving learners at all levels, represents a meaningful opportunity for our team to collaborate with the next generation of surgeons and gain insight into the drivers of future system adoption."