STOCK TITAN

PROCEPT BioRobotics Announces New Corporate Headquarters in San Jose

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
PROCEPT BioRobotics announces grand opening of global corporate headquarters in San Jose
Positive
  • Expansive facility to accommodate company's plans for continued growth
  • Selected San Jose for access to top talent and resources
  • Robust demand for Aquablation therapy driving success
Negative
  • None.

SAN JOSE, Calif., Sept. 20, 2023 (GLOBE NEWSWIRE) -- PROCEPT BioRobotics® Corporation (NASDAQ: PRCT) (“PROCEPT BioRobotics”), a surgical robotics company focused on developing transformative solutions in urology, proudly announces the grand opening of its state-of-the-art global corporate headquarters in San Jose, California. This expansive facility will accommodate the company's plans for continued growth.

PROCEPT manufactures the AquaBeam Robotic System, an image-guided, automated surgical robotic system dedicated to the treatment of benign prostatic hyperplasia (BPH). San Jose was selected to attract top talent and provide employees with unparalleled resources, enabling them to drive our mission of innovation in surgical robotics and maintaining the highest standards in manufacturing processes.

Reza Zadno, CEO of PROCEPT BioRobotics, remarked, “Our success, demonstrated by the robust demand for Aquablation® therapy, has accelerated this exciting move. One of the driving factors behind the selection of San Jose as the ideal location for our new global headquarters was the rich pool of talent available in the heart of silicon valley. With a diverse talent pool spanning various roles and skillsets, we are well-positioned to foster collaboration, nurture talent, and cultivate the next generation of surgical robotics innovators.”

“We’re thrilled to welcome PROCEPT BioRobotics to San José,” said Mayor Matt Mahan. “As the Capital of Silicon Valley, our city has long been synonymous with innovation – with a rich history of entrepreneurship and unparalleled access to talent, it's no secret why we’re the go-to destination for industry leaders.”

pic 1   pic 2

About PROCEPT BioRobotics Corporation
PROCEPT BioRobotics is a surgical robotics company focused on advancing patient care by developing transformative solutions in urology. PROCEPT BioRobotics develops, manufactures and sells the AquaBeam Robotic System, an advanced, image-guided, surgical robotic system for use in minimally invasive urologic surgery with an initial focus on treating benign prostatic hyperplasia, or BPH. BPH is the most common prostate disease and impacts approximately 40 million men in the United States. PROCEPT BioRobotics designed Aquablation therapy to deliver effective, safe and durable outcomes for males suffering from lower urinary tract symptoms, or LUTS, due to BPH that are independent of prostate size and shape or surgeon experience. The Company has developed a significant and growing body of clinical evidence, which includes nine clinical studies and over 150 peer-reviewed publications, supporting the benefits and clinical advantages of Aquablation therapy.

Important Safety Information
All surgical treatments have inherent and associated side effects. For a list of potential side effects visit https://aquablation.com/safety-information/.

Investor Contact:
Matt Bacso
VP, Investor Relations and Business Operations
m.bacso@procept-biorobotics.com

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/9f4eb6fe-cec8-466e-9957-d5fd006a8076

https://www.globenewswire.com/NewsRoom/AttachmentNg/2c1b5dd3-69d2-4cf1-bcaa-f294388e6928


PROCEPT BioRobotics Corporation

NASDAQ:PRCT

PRCT Rankings

PRCT Latest News

PRCT Stock Data

4.52B
52.18M
4.9%
86.94%
12.91%
Medical Devices
Surgical & Medical Instruments & Apparatus
Link
United States of America
SAN JOSE