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Asensus Surgical Announces First Towakai Hospital in Japan to Initiate Senhance Surgery Program

RESEARCH TRIANGLE PARK, N.C., Aug. 23, 2023 (GLOBE NEWSWIRE) -- Asensus Surgical, Inc. (NYSE American: ASXC), a medical device company that is digitizing the interface between the surgeon and the patient to pioneer a new era of Performance-Guided Surgery™, today announced that First Towakai Hospital has entered into an agreement to lease and utilize a Senhance® Surgical System in their urology and gynecology centers (Urogynecology center) and gastroenterology department.

“We’re thrilled about our collaboration with First Towakai Hospital in Japan, especially in the Urogynecology department,” said Anthony Fernando, Asensus Surgical President, and CEO. “Their commitment to cutting-edge care aligns with our vision for growth in this crucial region. Dr. Masami Takeyama, head of the Urogynecology center, is a respected figure, and his pioneering efforts have contributed significantly to the growth of innovative surgical techniques in the region. As we expand our presence not only in Japan but also in other key regions worldwide, we are driven by the commitment to provide high-quality care for patients.”

“Our primary focus is on delivering the best possible care to our patients, and the Senhance System will play a significant role in strengthening our robotic surgery department and improving patient outcomes,” said Dr. Kyouko Onishi, Owner and Chairman of Board of First Towakai Hospital. Dr. Masami Takeyama, head of the Urogynecology center further commented, “We are also excited about Asensus Surgical’s dedication to innovation. We look forward to exploring new possibilities together and continuously enhancing our surgical capabilities to provide even better care for our patients.”

The Senhance Surgical System is designed to increase surgeon control through the addition of machine vision, Augmented Intelligence, and deep learning capabilities.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4b908d17-0606-41ba-a6cd-d99ec3f5e3ff

The Senhance Surgical System is designed to increase surgeon control through the addition of machine vision, Augmented Intelligence, and deep learning capabilities.

About First Towakai Hospital

First Towakai Hospital is a prominent community-based medical institution situated in Takatsuki City, Osaka Prefecture. Known for its unwavering commitment to excellence in healthcare, the hospital continually integrates cutting-edge medical technology to ensure precise diagnoses and enhanced medical support. Dedicated to serving the community, First Towakai Hospital strives to empower the well-being of its patients through a combination of state-of-the-art medical advancements and personalized care. Established in June 1982, the hospital boasts 243 acute beds and excels in performing approximately 1,000 endoscopic surgeries annually. Among these, it specializes in 150 Laparoscopic sacrocolpopexy (LSC) cases each year.

About Asensus Surgical, Inc.

Asensus Surgical, Inc. is digitizing the interface between the surgeon and patient to pioneer a new era of Performance-Guided Surgery by unlocking clinical intelligence for surgeons to enable consistently superior outcomes and a new standard of surgery. Based upon the foundations of Digital Laparoscopy and the Senhance Surgical System, the Company is developing the LUNA™ Surgical System, a next generation robotic and instrument system as a foundation of its Digital Surgery solution. These systems will be powered by the Intelligent Surgical Unit™ to increase surgeon control and reduce surgical variability. With the addition of machine vision, Augmented Intelligence, and deep learning capabilities throughout the surgical experience, we intend to holistically address the current clinical, cognitive and economic shortcomings that drive surgical outcomes and value-based healthcare. The Senhance Surgical System is now available for sale in the US, EU, Japan, Russia, and select other countries. For a complete list of indications for use, visit: www.senhance.com/indications. To learn more about Performance-Guided Surgery, and digital laparoscopy with the Senhance Surgical System visit www.asensus.com.

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Forward-Looking Statements

This press release includes statements relating to the Senhance Surgical System and First Towakai Hospital in Osaka, Japan initiating a program with the Senhance System. These statements and other statements regarding our future plans and goals constitute “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Such statements are subject to risks and uncertainties that are often difficult to predict, are beyond our control and which may cause results to differ materially from expectations and include whether First Towakai Hospital’s commitment to cutting-edge care aligns with Asensus Surgical’s vision for growth in the region and whether the Senhance Surgical System will play a significant role in strengthening First Towakai Hospital’s robotic surgery department and improving patient outcomes. For a discussion of the risks and uncertainties associated with the Company’s business, please review our filings with the Securities and Exchange Commission (SEC), including our Annual Report on Form 10-K for the year ended December 31, 2022, filed with the SEC on March 2, 2023 and our other filings we make with the SEC. You are cautioned not to place undue reliance on these forward looking statements, which are based on our expectations as of the date of this press release and speak only as of the origination date of this press release. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

INVESTOR CONTACT:

Mark Klausner or Mike Vallie, 443-213-0499

invest@asensus.com

MEDIA CONTACT:

Dan Ventresca

Matter Communications

AsensusPR@matternow.com

617-874-5488


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