{"id":48295,"date":"2022-09-13T13:01:57","date_gmt":"2022-09-13T11:01:57","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/virtuoso-surgical-announces-first-public-offering-of-common-stock-to-advance-its-revolutionary-robotic-system-for-endoscopic-surgery\/"},"modified":"2022-09-13T13:01:57","modified_gmt":"2022-09-13T11:01:57","slug":"virtuoso-surgical-announces-first-public-offering-of-common-stock-to-advance-its-revolutionary-robotic-system-for-endoscopic-surgery","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/virtuoso-surgical-announces-first-public-offering-of-common-stock-to-advance-its-revolutionary-robotic-system-for-endoscopic-surgery\/","title":{"rendered":"Virtuoso Surgical Announces First Public Offering of Common Stock to Advance its Revolutionary Robotic System for Endoscopic Surgery"},"content":{"rendered":"<div>\n<p>NASHVILLE, Tenn.&#8211;(BUSINESS WIRE)&#8211;<a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fvirtuososurgical.net%2F&amp;esheet=52883325&amp;newsitemid=20220913005153&amp;lan=en-US&amp;anchor=Virtuoso+Surgical%2C+Inc&amp;index=1&amp;md5=945da0d577e656696c282aeee5d3b007\" rel=\"nofollow noopener\" shape=\"rect\">Virtuoso Surgical, Inc<\/a>., a Nashville-based medical device company, announced today that its <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fvirtuososurgical.net%2Finvestors%2F&amp;esheet=52883325&amp;newsitemid=20220913005153&amp;lan=en-US&amp;anchor=%2420+million+stock+offering&amp;index=2&amp;md5=dff2eb4459cb762b821ff5b00abd0d30\" rel=\"nofollow noopener\" shape=\"rect\">$20 million stock offering<\/a> has become effective after review by the United States Securities and Exchange Commission and the Financial Industry Regulatory Authority.\n<\/p>\n<p><a href=\"https:\/\/mms.businesswire.com\/media\/20220913005153\/en\/1568507\/4\/virtuoso_logo_horiz_4c.jpg\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20220913005153\/en\/1568507\/21\/virtuoso_logo_horiz_4c.jpg\"><\/a><\/p>\n<p>\n<a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fvirtuososurgical.net%2Fabout%2F&amp;esheet=52883325&amp;newsitemid=20220913005153&amp;lan=en-US&amp;anchor=Virtuoso+Surgical&amp;index=3&amp;md5=7c83c8bb8f6f1ffa43a5410e2cb113f0\" rel=\"nofollow noopener\" shape=\"rect\">Virtuoso Surgical<\/a> has developed a <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fvirtuososurgical.net%2Ftechnology%2F&amp;esheet=52883325&amp;newsitemid=20220913005153&amp;lan=en-US&amp;anchor=robotic+surgery+system&amp;index=4&amp;md5=8d89b929f47323597bc945d771009f97\" rel=\"nofollow noopener\" shape=\"rect\">robotic surgery system<\/a> that radically improves minimally invasive endoscopic surgery. Virtuoso uses <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fvirtuososurgical.net%2Ftechnology%2F&amp;esheet=52883325&amp;newsitemid=20220913005153&amp;lan=en-US&amp;anchor=patented+technology&amp;index=5&amp;md5=98a23177579069244d9c4f013f2a9c2f\" rel=\"nofollow noopener\" shape=\"rect\">patented technology<\/a> developed by the <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fvirtuososurgical.net%2Fabout%2F&amp;esheet=52883325&amp;newsitemid=20220913005153&amp;lan=en-US&amp;anchor=Company%26%238217%3Bs+founders&amp;index=6&amp;md5=3b3167c2eabf545c235bbac9c9c68a08\" rel=\"nofollow noopener\" shape=\"rect\">Company\u2019s founders<\/a> at Johns Hopkins University and Vanderbilt University with funding from the National Science Foundation and the National Institutes of Health.\n<\/p>\n<p>\n<a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fvirtuososurgical.net%2Finvestors%2F&amp;esheet=52883325&amp;newsitemid=20220913005153&amp;lan=en-US&amp;anchor=Virtuoso+Surgical%26%238217%3Bs+offering&amp;index=7&amp;md5=9afdb8aeae38a15bdc184fc6fbe9bd3f\" rel=\"nofollow noopener\" shape=\"rect\">Virtuoso Surgical\u2019s offering<\/a> is made under SEC Regulation A, Tier 2, which means that any U.S. person can <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fvirtuososurgical.net%2Finvestors%2F&amp;esheet=52883325&amp;newsitemid=20220913005153&amp;lan=en-US&amp;anchor=invest+in+the+Company&amp;index=8&amp;md5=1ce175430e41b57e614f35cec0e5ba58\" rel=\"nofollow noopener\" shape=\"rect\">invest in the Company<\/a>. The <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fvirtuososurgical.net%2Finvestors%2F&amp;esheet=52883325&amp;newsitemid=20220913005153&amp;lan=en-US&amp;anchor=offering&amp;index=9&amp;md5=ba056f2542affd3a1719a8fb868a450a\" rel=\"nofollow noopener\" shape=\"rect\">offering<\/a> is for the sale of common stock, and this is the first offering of the <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fvirtuososurgical.net%2Finvestors%2F&amp;esheet=52883325&amp;newsitemid=20220913005153&amp;lan=en-US&amp;anchor=Company%27s+common+stock&amp;index=10&amp;md5=a1578be282b6e6d45591c8907982f9aa\" rel=\"nofollow noopener\" shape=\"rect\">Company&#8217;s common stock<\/a> to the public.\n<\/p>\n<p>\n\u201c<a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fvirtuososurgical.net%2F&amp;esheet=52883325&amp;newsitemid=20220913005153&amp;lan=en-US&amp;anchor=Virtuoso+Surgical&amp;index=11&amp;md5=a1b1f1b3b9a66660248665270b366f3b\" rel=\"nofollow noopener\" shape=\"rect\">Virtuoso Surgical<\/a> was founded to make minimally invasive surgery more effective by providing surgeons with dexterous, accurate and cost-effective tools for endoscopic surgery,\u201d stated <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fvirtuososurgical.net%2Fabout%2F&amp;esheet=52883325&amp;newsitemid=20220913005153&amp;lan=en-US&amp;anchor=Robert+J.+Webster%2C+III%2C+PhD&amp;index=12&amp;md5=5b18724e6838144446757148a6532720\" rel=\"nofollow noopener\" shape=\"rect\">Robert J. Webster, III, PhD<\/a>, Co-Founder and President. \u201cWe are not aware of any technology that accomplishes the dexterity, precision and force of the <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fvirtuososurgical.net%2Ftechnology%2F&amp;esheet=52883325&amp;newsitemid=20220913005153&amp;lan=en-US&amp;anchor=Virtuoso+Surgical+device&amp;index=13&amp;md5=dfe229bba59010fc1fafcfc3324de482\" rel=\"nofollow noopener\" shape=\"rect\">Virtuoso Surgical device<\/a>, at such a small diameter. It enables surgeons to use two hands to perform more accurate interventions deep in the body through endoscopes.\u201d\n<\/p>\n<p>\n<a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fvirtuososurgical.net%2Fabout%2F&amp;esheet=52883325&amp;newsitemid=20220913005153&amp;lan=en-US&amp;anchor=S.+Duke+Herrell%2C+III%2C+MD%2C+FACS&amp;index=14&amp;md5=74d15e1631d02d034e0095af5e234339\" rel=\"nofollow noopener\" shape=\"rect\">S. Duke Herrell, III, MD, FACS<\/a>, Co-Founder, Interim CEO and Chief Medical Officer of Virtuoso Surgical, added, &#8220;We are excited about the opportunity to sell our <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fvirtuososurgical.net%2Finvestors%2F&amp;esheet=52883325&amp;newsitemid=20220913005153&amp;lan=en-US&amp;anchor=common+stock&amp;index=15&amp;md5=13426d8c839d9b1b9f9c65e82071373a\" rel=\"nofollow noopener\" shape=\"rect\">common stock<\/a> to the public. We expect to complete the design of our system by the end of this year, and to conduct final testing of the system in 2023. The capital that we will raise through this offering of common stock will, we believe, propel our system through final design, testing and FDA approval for sale in the United States.&#8221;\n<\/p>\n<p>\n<a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fvirtuososurgical.net%2Fabout%2F&amp;esheet=52883325&amp;newsitemid=20220913005153&amp;lan=en-US&amp;anchor=Virtuoso+Surgical%26%238217%3Bs+team&amp;index=16&amp;md5=a81041b72a5b9e43da929b5170b1392e\" rel=\"nofollow noopener\" shape=\"rect\">Virtuoso Surgical\u2019s team<\/a> of internationally recognized clinical and engineering experts includes Dr. Webster and Dr. Herrell, along with Richard Hendrick, PhD, Chief Operating Officer. Drs. Webster and Herrell, along with others, co-founded the Vanderbilt Institute for Surgery and Engineering (VISE), and Dr. Hendrick has been the lead engineer for Virtuoso since it began operations in 2017.\n<\/p>\n<p>\nThe <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fvirtuososurgical.net%2Ftechnology%2F&amp;esheet=52883325&amp;newsitemid=20220913005153&amp;lan=en-US&amp;anchor=Virtuoso+Surgical+system&amp;index=17&amp;md5=bc5088591409ecb8955c12c8063d308c\" rel=\"nofollow noopener\" shape=\"rect\">Virtuoso Surgical system<\/a> has demonstrated feasibility in animal, cadaver and tissue model studies in surgeries for bladder cancer, uterine fibroids (among other intrauterine procedures), enlarged prostate (benign prostatic hyperplasia &#8211; BPH), central airway obstruction removal, and endoscopic neurosurgery.\n<\/p>\n<p>\nThe Virtuoso technology can provide dexterity in any procedures where tools are delivered through rigid endoscopes, including urology, gynecology, neurology, interventional pulmonology, orthopedics, thoracic surgery, ear, nose and throat (ENT) and other sub-specialties.\n<\/p>\n<p>\n<b>Virtuoso Surgical Resources<br \/>\n<br \/><\/b><a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fvirtuososurgical.net%2Fresources%2F&amp;esheet=52883325&amp;newsitemid=20220913005153&amp;lan=en-US&amp;anchor=Videos+of+Surgeries&amp;index=18&amp;md5=72be5c14503331a14c3fc75012678688\" rel=\"nofollow noopener\" shape=\"rect\">Videos of Surgeries<\/a><br \/><a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fvirtuososurgical.net%2Fresources%2F&amp;esheet=52883325&amp;newsitemid=20220913005153&amp;lan=en-US&amp;anchor=Academic+Publications&amp;index=19&amp;md5=1461dc21675c5fcf63def44f8f309d9d\" rel=\"nofollow noopener\" shape=\"rect\">Academic Publications<\/a><br \/><a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fvirtuososurgical.net%2Fresources%2F&amp;esheet=52883325&amp;newsitemid=20220913005153&amp;lan=en-US&amp;anchor=Articles&amp;index=20&amp;md5=7243acbb41097b3144cf57eae5563f7f\" rel=\"nofollow noopener\" shape=\"rect\">Articles<\/a>\n<\/p>\n<p>\n<b>About Virtuoso Surgical<\/b>\n<\/p>\n<p>\n<a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fvirtuososurgical.net%2F&amp;esheet=52883325&amp;newsitemid=20220913005153&amp;lan=en-US&amp;anchor=Virtuoso+Surgical&amp;index=21&amp;md5=aa11a6f106335ba374c0df4b7ece2e65\" rel=\"nofollow noopener\" shape=\"rect\">Virtuoso Surgical<\/a> has developed a groundbreaking <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fvirtuososurgical.net%2Ftechnology%2F&amp;esheet=52883325&amp;newsitemid=20220913005153&amp;lan=en-US&amp;anchor=robotic+surgery+system&amp;index=22&amp;md5=8d7ace219052f5c3bedd83369df89c10\" rel=\"nofollow noopener\" shape=\"rect\">robotic surgery system<\/a> that radically improves minimally invasive endoscopic surgery. The <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fvirtuososurgical.net%2Ftechnology%2F&amp;esheet=52883325&amp;newsitemid=20220913005153&amp;lan=en-US&amp;anchor=Virtuoso+Surgical+system&amp;index=23&amp;md5=8ad9de9a2adf84f111cfae76daa1d93e\" rel=\"nofollow noopener\" shape=\"rect\">Virtuoso Surgical system<\/a> features a pair of instrument delivery arms made of concentric nitinol tools that mimic a surgeon\u2019s hands to offer unprecedented control and dexterity to a full range of endoscopic applications. The system uses <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fvirtuososurgical.net%2Ftechnology%2F&amp;esheet=52883325&amp;newsitemid=20220913005153&amp;lan=en-US&amp;anchor=patented+technology&amp;index=24&amp;md5=9c9b8aee3815b0bdfad01bc3ea215582\" rel=\"nofollow noopener\" shape=\"rect\">patented technology<\/a> developed by Virtuoso\u2019s founders at Johns Hopkins University and Vanderbilt University with funding from the National Science Foundation and the National Institutes of Health. For additional information about Virtuoso Surgical and the initial public offering of common stock, visit <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.virtuososurgical.net&amp;esheet=52883325&amp;newsitemid=20220913005153&amp;lan=en-US&amp;anchor=www.virtuososurgical.net&amp;index=25&amp;md5=124a6088176eecc6bd86eceeb7cf6369\" rel=\"nofollow noopener\" shape=\"rect\">www.virtuososurgical.net<\/a> and <a target=\"_blank\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.virtuososurgical.net%2Finvestors%2F&amp;esheet=52883325&amp;newsitemid=20220913005153&amp;lan=en-US&amp;anchor=www.virtuososurgical.net%2Finvestors&amp;index=26&amp;md5=508320762137a8062bc6ecbb94314685\" rel=\"nofollow noopener\" shape=\"rect\">www.virtuososurgical.net\/investors<\/a>.\n<\/p>\n<p> <b>Contacts<\/b> <\/p>\n<p>\nLaura Campbell<br \/>\n<br \/>CEO, Laura Campbell &amp; Associates<br \/>\n<br \/>615.579.6599<br \/>\n<br \/><a target=\"_blank\" href=\"&#x6d;&#x61;&#x69;&#x6c;&#x74;&#x6f;&#x3a;&#108;&#97;&#117;&#114;&#97;&#64;lau&#x72;&#x61;&#x2d;&#x63;&#x61;&#x6d;&#x70;&#x62;&#101;&#108;&#108;&#46;&#99;om\" rel=\"nofollow noopener\" shape=\"rect\">&#x6c;&#97;&#x75;&#x72;&#97;&#x40;&#x6c;&#97;&#x75;&#x72;&#97;&#x2d;&#x63;a&#x6d;&#x70;b&#x65;&#108;l&#x2e;&#99;o&#x6d;<\/a>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>NASHVILLE, Tenn.&#8211;(BUSINESS WIRE)&#8211;Virtuoso Surgical, Inc., a Nashville-based medical device company, announced today that its $20 million stock offering has become effective after review by the United States Securities and Exchange Commission and the Financial Industry Regulatory Authority. Virtuoso Surgical has developed a robotic surgery system that radically improves minimally invasive endoscopic surgery. Virtuoso uses patented &#8230; <span class=\"more\"><a class=\"more-link\" href=\"https:\/\/pharma-trend.com\/en\/virtuoso-surgical-announces-first-public-offering-of-common-stock-to-advance-its-revolutionary-robotic-system-for-endoscopic-surgery\/\">[Read more&#8230;]<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"entry","1":"post","2":"publish","3":"author-business","4":"post-48295","6":"format-standard","7":"category-industry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Virtuoso Surgical Announces First Public Offering of Common Stock to Advance its Revolutionary Robotic System for Endoscopic Surgery - Pharma Trend<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pharma-trend.com\/en\/virtuoso-surgical-announces-first-public-offering-of-common-stock-to-advance-its-revolutionary-robotic-system-for-endoscopic-surgery\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Virtuoso Surgical Announces First Public Offering of Common Stock to Advance its Revolutionary Robotic System for Endoscopic Surgery - Pharma Trend\" \/>\n<meta property=\"og:description\" content=\"NASHVILLE, Tenn.&#8211;(BUSINESS WIRE)&#8211;Virtuoso Surgical, Inc., a Nashville-based medical device company, announced today that its $20 million stock offering has become effective after review by the United States Securities and Exchange Commission and the Financial Industry Regulatory Authority. Virtuoso Surgical has developed a robotic surgery system that radically improves minimally invasive endoscopic surgery. Virtuoso uses patented ... 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Virtuoso Surgical has developed a robotic surgery system that radically improves minimally invasive endoscopic surgery. Virtuoso uses patented ... 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