SS Innovation has merged with Avra Medical Robotics.
Orlando, Florida-based Avra Medical Robotics develops and manufactures surgical devices. It offers surgical robotic systems, surgical tools, implantable devices and surgical robotic training. The company develops a treatment-independent autonomous robotics system to deliver skin resurfacing treatments, such as micro-needling and laser therapies. The company was formerly known as Avra Surgical Microsystems and changed its name to Avra Medical Robotics in November 2015.
SS Innovation is an Indian medtech startup founded by Dr. Sudhir Srivastava in 2016. The company aims to provide an advanced, cost-effective surgical robotic system through the SSI Mantra surgical robot.
Terms of the deal were not disclosed.
According to the LevinPro HC database, this was the 105th Medical Devices transaction of 2022. This compares with 111 Medical Devices deals reported between January 1, 2021, and November 21, 2021.
