Vicarious Surgical announces Memorandum of Understanding with Pittsburgh CREATES to develop system design

Vicarious Surgical announces Memorandum of Understanding with Pittsburgh CREATES to develop system design

The key partnership provides further support towards transitional termination, organizational delivery, and marketing objectives

November 7 2022

Waltham, Mass – (work wire) –Vicarious Surgical Inc. (“Vicarious Surgical” or “Company”), a next-generation robotics company striving to improve the cost, efficiency, and outcomes of surgical procedures, today that it has signed a MoU in healthcare, with academic and clinical resources of parent institutions, the University of Pittsburgh and UPMC (University of Pittsburgh Medical Center). Through this collaboration, Vicarious Surgical will increase its development efforts with a world-renowned university. Expanding beyond previously announced Center of Excellence partnerships provides an additional and diverse offering of Vicarious Surgical to clinical and operational robotics experts, as well as access to the Advanced Center for Preclinical Studies within the University of Pittsburgh. Additional expertise in surgeon testing, training, and organizational trials will help provide deeper academic and clinical insight and support as the company continues to advance through development efforts and finalization of its Vicarious Surgical robotic solution with an emphasis on helping meet the needs of key US hospital systems holistically.

“We are thrilled to partner with Pittsburgh CREATES and have access to the academic expertise of the University of Pittsburgh and the medical expertise of UPMC, a leading healthcare provider and one of the best medical centers in the country,” said Adam Sacks, CEO. and co-founder of Vicarious Surgical. “By formalizing our joint efforts, we are establishing additional important strategic partners that can provide distinct insights to shape our clinical strategy and implementation of our system in a clinical research environment. We look forward to the work that lies ahead as we strive to change standards in surgical robotics.”

said Dr. Umamaheswar Duvvuri, Founding Medical Director and Director of Robotic Surgery, Division of Head and Neck Surgery at UPMC. “We are excited to establish this partnership with Vicarious, providing us with a unique opportunity to help guide the potential next generation in surgical robotics, and effectively expand our impact on patient care.”

About Pittsburgh Creates

Pittsburgh CREATES is an industry-facing medical innovation center that fosters collaboration between surgeons, healthcare professionals, entrepreneurs, and innovators to deliver value-based healthcare technologies in the Pittsburgh area. The organization leverages the academic and clinical resources of its parent institutions, the University of Pittsburgh and UPMC, to drive development in surgical innovation, robotics, and adjacent technologies. The center seeks to meet the unmet needs in the field through continuous development and delivery of high-value, clinician-led projects to stakeholders in three key areas: research, education, and technological improvements in surgery. Learn more through www.pittsburghcreates.pitt.edu.

About the University of Pittsburgh

Founded in 1787, the University of Pittsburgh is an internationally renowned university for learning and research in the health sciences. As a top 10 recipient of NIH funding since 1998, Pitt has been repeatedly ranked as the top public university in the Northeast, according to The Wall Street Journal/Times Higher Education. Pitt consists of a campus in Pittsburgh—home to 16 undergraduate, graduate, and professional schools—and four regional campuses located throughout western Pennsylvania. Beth offers nearly 500 distinct degree programs; Serving more than 33,000 students; It employs more than 13,000 faculty and staff members; And awarded 9000 degrees system-wide.

About Vicarious Surgical

Founded in 2014, Vicarious Surgical is a next-generation robotics company that develops disruptive technology with the goal of increasing the efficiency of surgical procedures, improving patient outcomes, and reducing healthcare costs. The company’s new surgical approach uses human-like surgical robots to move surgeons inside a patient for minimally invasive surgery. The company is led by an experienced team of technologists, medical device specialists and physicians, and backed by prominent technology figures including Bill Gates, Khosla Ventures Vinod Khosla, Innovation Endeavors, Jerry Yang AME Cloud Ventures, Sun Hung Kai & Co. Ltd and Philip Liang’s E15 VC. The company is headquartered in Waltham, Massachusetts. Learn more through www.vicarioussurgical.com.

Contacts

Media Inquiries
Abby May Health
media@vicarioussurgical.com

Investor contact
Kaitlyn Proscoe
Parliamentary surgery
Kbrosco@vicarioussurgical.com

Marisa Beach
Gilmartin Collection
Marissa@gilmartinir.com

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