Hoya Invests In EndoMaster
Hoya has decided to invest in Singapore-based EndoMaster, a company that developed Master, a minimally-invasive robotic-assisted surgical system for endoscopic surgery. The investment amount was not disclosed.
Master, EndoMaster's robotic system, is a system in which surgery is performed by two remotely controlled robotic arms mounted on the tip of an endoscope using images sent from a camera that is also mounted on the tip. The robotic arms are controlled like a doctor's hands using the joystick controller. Master would enable to support the accurate, safe performance of highly sophisticated surgery such as endoscopic submucosal dissection. This has the potential of less discomfort, a faster healing time, and helping reduce a risk of procedural and postoperative complications for the patient. Through basic research in collaboration with doctors, EndoMaster is currently endeavouring to improve the devices, with the aim to launch its first product into the market in 2016.
Privately-held EndoMaster was founded in October 2011 by Dr Louis Phee, Assistant Professor at the school of mechanical & aerospace engineering, Nanyang Technological University, Singapore, and Ho Khek Yu, Professor at the National University Hospital in Singapore. The robotic system has been developed based on the results of basic research undertaken at Nanyang Technological University.