CVRS - Corindus Vascular Robotics Reached An Inflection Point
Corindus Vascular Robotics (CVRS) is a producer of a vascular robotic system called CorPath, a robotic system consisting of an arm loaded with a disposable cassette that holds instruments (guidewire, balloon/stent) used in PCI (Percutaneous Coronary Intervention) procedures and a station where the cardiologist, or IC, can view and control the instruments.
Several advantages are clear from the 10-K:
"The CorPath System is the first medical device cleared by the U.S. Food and Drug Administration (“FDA”) to bring robotic-assisted precision to coronary and peripheral interventional procedures. During these procedures, the interventional physician