Intuitive Surgical(NSDQ:ISRG) paid $6 million to acquire a 60,000-square-foot building in Durham, N.C. just a few miles down the road from rival surgical robot makerTransEnterix(NYSE:TRXC), according to aTriangle Business Journalreport.
The new acquisition joins a smaller facility Intuitive has in the region at N.C. State University’s Centennial Campus, according to the report.
The new facilities come with the option to expand into a planned 45,000-square-foot building space adjacent to the building the Sunnyvale, Calif.-based company already purchased,accordingto theBusiness Journal.
The acquisition of the site comes hot on the heels of TransEnterixreceiving FDA 510(k) clearance for its Senhancerobot-assisted platform, the 1st new entrant into the robot-assisted abdominal surgery space since Intuitive initially rolled out its da Vinci platform in 2000.
Intuitive Surgicalopened its initial R&D officein the region last October, less than half a year after TransEnterix announced it wascutting 50 employeesafter the FDA rejected an application for its previous surgical robotics platform, the SurgiBot.
Filed Under:The Robot Report
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