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Charged by Surgical Robot’s Approval, Shenzhen Edge Medical Makes New IPO Bid

The medical device maker filed a second time for a Hong Kong IPO after updating its prospectus with the recent approval of its first surgical robot

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Shenzhen Edge Medical Co. Ltd. hopes the second try will be the charm for its bid to list in Hong Kong, this time armed with a major new product approval. Eight months after its first IPO attempt, the surgical robot maker filed an updated prospectus last week revealing the regulatory nod for a key product that will bring the young company its first sales.

Compared with traditional techniques, surgical robots have clearer imaging systems and flexible robotic arms, and can carry out complex surgeries with minimal invasiveness. Such robots are increasingly popular for performing laparoscopic, orthopedic, neurological and percutaneous coronary intervention surgeries.

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