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Medrobotics picks up $20M to seek out additional indications for FRS

Surgical robotics specialist Medrobotics Corp. has closed on a $20 million preferred stock financing. Proceeds will be used to fund the Raynham, Mass.-based company’s expansion into new surgical applications, such as single-port general and gynecological surgeries, and to develop its next generation Flex Robotic System with more fully robotic instrument options. The company has [...]

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