Corindus Vascular Robotics, Inc. designs, manufactures and sells precision vascular robotic-assisted systems for use in interventional vascular procedures (the CorPath System). The Company’s product, the CorPath 200 System, is a vascular robotic system, which is engaged in stent placement in percutaneous coronary intervention (PCI) procedures. The CorPath System enables the robotic-assisted control of coronary guidewires and balloon/stent devices from the safety of a radiation-protected, ergonomic interventional cockpit. It installed 24 CorPath Systems in hospitals in the United States and two CorPath Systems in hospitals outside of the United States. The CorPath System consists of two components: a bedside unit and an interventional cockpit. The CorPath System allows physicians to measure anatomy with sub-millimeter accuracy and manipulate the interventional device in one millimeter increments and with 30-degree rotational movements.
