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0.00126422250316053 0.000632111251580265 0.00126422250316053 0.000632111251580265 0.000632111251580265 -0.00809102402022757 -0.00189633375474091 0.0101137800252843
Stock impact report

Sovato raises Series B funds to advance remote robotic surgery platform [Yahoo! Finance]

Teladoc Health, Inc. (TDOC) 
Last teladoc health, inc. earnings: 4/29 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.teladoc.com/investors/default.aspx
Company Research Source: Yahoo! Finance
Led by VC business Beringea, the round brings Sovato's funding to date to $41m. Other participating investors included Teladoc Health, GS Ventures, and Laerdal Million Lives Fund. Sovato did not immediately respond to Medical Device Network when asked to confirm the Series B amount. The company's system-agnostic platform enables surgical, interventional, or diagnostic robotic systems that allow physicians to perform procedures remotely. While Sovato's platform is yet to undergo review by the US Food and Drug Administration (FDA), the company has already touted the successful rate of its platform in facilitating the completion of a series of remote robotic-assisted surgery (RAS) procedures. This was across a 500-mile distance as part of a preclinical technology demonstration in June 2024. The company said it plans to use the latest funding towards advancing the development of its platform, along with forging new strategic partnerships with entities, including surgical robotics Show less Read more
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