February 23, 2024

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HKSTP Company Partners to Enhance Surgical Robotic Innovation

Image Credits: HKSTP, Press Release

A partner company of Hong Kong Science and Technology Parks Corporation (HKSTP), which is a leading surgical robotics company, recently signed a high-level Memorandum of Understanding (MoU) with a longstanding clinical partner and a multispecialty private hospital in Hong Kong.

The Memorandum of Understanding will enhance the partnership between the parties, with a focus on advancing patient care, promoting technological innovations in healthcare, and fostering a culture of innovation in Hong Kong.

The two parties have a long-standing friendship, and this Memorandum of Understanding (MoU) strengthens and harmonises their partnership. Over the course of a three-year consortium, they will collaborate on various significant activities, such as exchanging scientific knowledge gained from clinical validation studies of the latest surgical robots, promoting development, and fostering new technological innovations. The goal is to transform human-assisted surgery into precise, automated solutions, improving patients’ quality of life.

The MoU was signed by the CEO of the robotics company and the CEO of the hospital. In attendance were the Secretary for Innovation, Technology and Industry; the Founder, and Chairman of the company; the Chairman of Hong Kong Automation Technology Council and Associate Director (Innovation) of a hotel group in Hong Kong as well as the Director of Peritoneal Malignancy Treatment Centre at the hospital.

The Founder of the HKSTP partner company stated that the company is committed to revolutionising surgical technologies and elevating patient care in Hong Kong and the Greater Bay Area. The support the Hong Kong government, through funding programs like the Enterprise Support Scheme and access to advanced facilities at the Science Park, has enabled PRHK to enhance its medical and surgical systems and cultivate skilled professionals. This partnership holds great potential for expanding the use of surgical robots for the benefit of patients.

Meanwhile, the CEO of the hospital noted that partnership provides both parties with a strategic platform to foster the development of technological innovations in healthcare. Drawing on the tech company’s outstanding experience in surgical robot development and implementation, we anticipate contributing to the successful transformation of our joint clinical research efforts into healthcare solutions that will offer improved care, greater precision, and more advanced options for patients.

FDA Clears SIRIUS Endoscope System for Use

SIRIUS Endoscope System, the flagship product of the robotics company, achieved 510k clearance from the United States Food and Drug Administration (FDA) in December 2022, demonstrating its safety and efficacy in use, and meeting world-class quality standards.

The CEO of the company announced that the FDA 510K clearance and the clinical data acquired through the partnership with the hospital will facilitate the company’s ability to advance its medical robotics technology in Hong Kong and the Asia Pacific region. The company’s status as a prominent leader in the development of innovative surgical robotics solutions will also be strengthened.

The robotics company is a portfolio company of the Hong Kong Science and Technology Parks Corporation (HKSTP) Venture Fund, which supports promising tech ventures by providing investment and attracting private capital. The Hong Kong Science Park is a hub for over 1,200 cutting-edge innovation and technology companies, including PRHK, in areas like artificial intelligence, robotics, biomedical technology, and more.

The CEO of HKSTP stated that the robotics company has been a consistent part of HKSTP’s ecosystem and a shining example of how research, with the right support, can lead to scalable commercial success. This collaboration represents a major milestone in their quest to improve the utilisation of robotics in healthcare, and they are thrilled to see the company’s continued growth and success.

The robotics company is dedicated to revolutionising the field of minimally invasive surgery through its innovative articulated camera system, providing advanced laparoscopic surgeries with precision, accuracy, and dependability. With the hospital’s expertise, clinical excellence, and top-notch facilities, the company aims to continue improving surgical robot applications for both surgeons and patients.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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