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ZAP Surgical Methods Inc. this week stated it has efficiently closed a $78 million Sequence E funding spherical. The developer of non-invasive, robotic brain-surgery instruments stated the brand new financing will advance the commercialization of its ZAP-X Gyroscopic Radiosurgery platform.
Stereotactic radiosurgery (SRS) is a well-established process for the non-invasive therapy of many mind tumors together with mind metastases, meningiomas, and different intracranial issues comparable to trigeminal neuralgia. Thought of a substitute for open surgical procedure for these indications, SRS is an outpatient process delivered in a single to 5 transient remedies, in accordance with ZAP Surgical.
In comparison with open surgical procedure, nonetheless, the SRS process has confirmed to supply equal to superior outcomes, claimed the San Carlos, Calif.-based firm. It requires no surgical incision, inflicts no ache, and sometimes requires little to no affected person restoration interval, it added.
“We based ZAP Surgical to handle a transparent want: enabling extra sufferers to entry state-of-the-art radiosurgery with out the prohibitive prices and infrastructure necessities that restrict so many suppliers,” acknowledged John R. Adler, M.D., professor emeritus of neurosurgery at Stanford College, in addition to founder and CEO of ZAP Surgical Methods.
ZAP-X guarantees to develop care
Annually, greater than 5 million sufferers globally may gain advantage from stereotactic radiosurgery, estimated ZAP Surgical Methods. Nonetheless, due to the associated fee and complexity of legacy applied sciences, solely about 200,000 sufferers obtain optimum SRS care, it stated.
With availability concentrated primarily amongst solely the most important city tutorial hospitals, world-class radiosurgery has remained out of attain for an estimated 96% of sufferers who would possibly profit, stated the corporate.
ZAP Surgical has developed the ZAP-X platform, a devoted, non-invasive cranial radiosurgery system that comes with superior gyroscopic know-how. Its motion permits radiosurgical beams to be directed from 1000’s of potential angles for exact tumor focusing on.
The corporate stated its method prioritizes the safety of wholesome mind tissue and goals to protect affected person cognitive perform. As well as, it stated the vault-free and cobalt-free design of ZAP-X eliminates the necessity for pricey shielded therapy rooms and removes the standard requirement to handle, safe, and exchange radioactive isotopes for radiation beam manufacturing.
Baheal Medical companions with ZAP Surgical
Qingdao Baheal Medical Inc. led ZAP Surgical’s Sequence E spherical, which additionally included participation from different strategic buyers. Baheal Medical is a number one healthcare firm in China.
“This partnership with Baheal Medical completely aligns with our mission, offering ZAP-X with a robust platform to achieve hundreds of thousands of underserved sufferers globally,” stated Adler.
“We’re thrilled to accomplice with ZAP Surgical in increasing entry to cutting-edge radiosurgery know-how,” added Fu Gang, chairman and president of Baheal Medical. “ZAP-X’s modern method aligns with our dedication to delivering superior healthcare options that deal with urgent scientific wants. Collectively, we’re poised to advertise how mind tumors and different intracranial illnesses are handled, offering extra exact options that drastically improve sufferers’ high quality of life.”