logo
Agilis Robotics Achieves Milestone with World's First Robotic-Assisted En Bloc Resection of Bladder Tumour in Collaboration with CUHK

Agilis Robotics Achieves Milestone with World's First Robotic-Assisted En Bloc Resection of Bladder Tumour in Collaboration with CUHK

The Sun3 days ago

HONG KONG SAR - Media OutReach Newswire - 29 May 2025 - Hong Kong-based Agilis Robotics has reached a major milestone in surgical innovation with the successful completion of the world's first robotic-assisted en bloc resection of bladder tumour (ERBT) in patients. This clinical trial, conducted with The Chinese University of Hong Kong (CUHK), highlights the Intilume™ System's potential to improve precision and safety in minimally invasive surgeries.
The trial, conducted since December 2022, involved eight patients with bladder tumours. All procedures achieved complete tumour removal, and six patients who completed 30-day post-surgery observations showed satisfactory recovery. Two patients remain under observation, with all participants discharged within 1–2 days.
The Intilume™ System
The Intilume™ System is a robotic surgical platform designed to improve precision and stability in minimally invasive procedures. Featuring two dextrous and miniaturised robotic arms (2.8mm–3.5mm in diameter), it enables accurate en bloc tumour resections in confined spaces. Its intuitive controls can reduce reliance on manual dexterity, shorten the learning curve, and enhance outcomes for complex procedures like ERBT.
Addressing Bladder Cancer Treatment Challenges
Bladder cancer is among the 10 most common cancers globally, with 75% of cases being non-muscle-invasive. ERBT is more effective than conventional transurethral resection (TURBT) in reducing recurrence but requires high surgical expertise and carries bleeding and bladder perforation risks. The Intilume™ System improves stability and precision, minimizing these risks.
Dr. Peter CHIU Ka-fung, Associate Professor in CUHK's Division of Urology, remarked:
'The robotic system increases the stability of ERBT operations, reducing the risks of bleeding and perforation, and enhancing surgical precision. It helps lower the risk of recurrence due to residual tumour tissue and speed up patient recovery.
Future Applications
The Intilume™ System has potential applications beyond bladder cancer, including gastrointestinal, prostate, uterine, and biliary surgeries. Its compatibility with standard endoscopes and adaptable design makes it a versatile tool across various specialties.
This milestone underscores Agilis Robotics' commitment to advancing precision in minimally invasive surgery.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Sarawak's Cloud Telecom eSIMM ROAM to revolutionise global connectivity
Sarawak's Cloud Telecom eSIMM ROAM to revolutionise global connectivity

Borneo Post

time17 hours ago

  • Borneo Post

Sarawak's Cloud Telecom eSIMM ROAM to revolutionise global connectivity

Handout photo shows the eSIMM ROAM launch at Statos. KUCHING (May 31): Sarawak-based Cloud Telecom has launched its pioneering mobile application, eSIMM ROAM, at the Sarawak Trade and Tourism Office Singapore (Statos), introducing a transformative solution to the long-standing challenges of international mobile roaming. The app, powered by advanced eSIM (embedded SIM) technology, aims to redefine how users stay connected worldwide. 'With the app, there will be no more sky-high bills, no more physical SIM cards, and no more connectivity headaches for globetrotters and completely transform how users stay connected while traveling the world,' said Statos in a statement. Sarawak's first global app-based eSIM provider delivers instant mobile connectivity in over 140 countries, including destinations across Asia, Europe, the Middle East, and the Americas, with plans to reach 180 countries soon. Cloud Telecom anticipates that eSIM technology will eventually replace traditional roaming due to its speed, reliability, transparency, and user-friendliness. The technology enables users to activate international data plans with just a few taps, eliminating the need for local SIM cards or dealing with unexpected charges. 'This market trend is a complete shift of paradigm, not only inevitable but irreversible,' it said, adding that the app was designed to meet the rising global demand for seamless and cost-effective mobile solutions. The eSIMM ROAM is tailored for both consumer and small-to-medium enterprise (SMEs), offering a scalable, future-proof solution that supports real-time roaming resolution via 24/7 call centre assistance, data usage tracking, and instant top-ups – all within one platform. By eliminating the need for physical SIM cards, the app also delivers unmatched flexibility. Users can browse, purchase, install, and activate plans directly through the app, which is accessible via the App Store and Google Play, including in China. According to Cloud Telecom vice-president Frank Hwong, over 40 million users globally transitioned from traditional roaming to eSIM last year alone. 'By the end of 2025, we estimate that one to two billion smartphones worldwide will support eSIM technology,' he said, noting a projected exponential growth in adoption. The app is positioned as a one-stop solution for managing overseas communication, revolutionising how travellers and businesses maintain global connectivity. Cloud Telecom is currently recruiting international partners, including SMEs, influencers, and individuals to join its 'Channel Partner Programme' and capitalise on the growing demand for eSIM technology. Cloud Telecom eSIMM ROAM lead Statos

Exclusive-Anthropic hits $3 billion in annualized revenue on business demand for AI
Exclusive-Anthropic hits $3 billion in annualized revenue on business demand for AI

The Star

time18 hours ago

  • The Star

Exclusive-Anthropic hits $3 billion in annualized revenue on business demand for AI

FILE PHOTO: Anthropic logo is seen in this illustration taken May 20, 2024. REUTERS/Dado Ruvic/Illustration/File Photo SAN FRANCISCO (Reuters) -Artificial intelligence developer Anthropic is making about $3 billion in annualized revenue, according to two sources familiar with the matter, in an early validation of generative AI use in the business world. The milestone, which projects the company's current sales over the course of a year, is a significant jump from December 2024 when the metric was nearly $1 billion, the sources said. The figure crossed $2 billion around the end of March, and at May's end it hit $3 billion, one of the sources said. While consumers have embraced rival OpenAI's ChatGPT,a number of enterprises have limited their rollouts to experimentation, despite board-level interest in AI. Anthropic's revenue surge, largely from selling AI models as a service to other companies, is a data point showing how business demand is growing, one of the sources said. A key driver is code generation. The San Francisco-based startup, backed by Google parent Alphabet and is famous for AI that excels at computer programming. Products in the so-called codegenspace have experienced major growth and adoption in recent months, often drawing on Anthropic's models. This demand is setting Anthropic apart among software-as-a-service vendors. Its single-quarter revenue increases would count Anthropic as the fastest-growing SaaS company that at least one venture capitalist has ever seen. "We've looked at the IPOs of over 200 public software companies, and this growth rate has never happened," said Meritech General Partner Alex Clayton, who is not an Anthropic investor and has no inside knowledge of its sales. He cautioned that these comparisons are not fully precise, since Anthropic also has consumer revenue via subscriptions to its Claude chatbot. Still, by contrast, publicly traded SaaS company Snowflake took six quarters to go from $1 billion to $2 billion in such run-rate revenue, Clayton said. Anthropic competitor OpenAI has projected it will end 2025 with more than $12 billion in total revenue, up from $3.7 billion last year, three people familiar with the matter said. This total revenue is different from an estimated annualized figure like Anthropic's. Reuters could not determine this metric for OpenAI. The two rivals appear to be establishing their own swim lanes. While both offer enterprise and consumer products, OpenAI is shaping up to be a consumer-oriented company, and the majority of its revenue comes from subscriptions to its ChatGPT chatbot, OpenAI Chief Financial Officer Sarah Friar told Bloomberg late last year. OpenAI has not reported enterprise-specific revenue but said in May that paying seats for its ChatGPT enterprise product have grown to 3 million, from 2 million in February, and that T-Mobile and Morgan Stanley are among its enterprise customers. In the consumer race, Anthropic's Claude has seen less adoption than OpenAI. Claude's traffic, a proxy for consumer interest, was about 2% of ChatGPT's in April, according to Web analytics firm Similarweb. Anthropic, founded in 2021 by a team that departed OpenAI over differences in vision, closed a $3.5 billion fundraise earlier this year. That valued the company at $61.4 billion. OpenAI is currently valued at $300 billion. (Reporting by Anna Tong and Jeffrey Dastin in San Francisco; Additional reporting by Kenrick Cai in San Francisco and Krystal Hu in New York; Editing by Kenneth Li and Matthew Lewis)

Argo Corporation Reports First Quarter 2025 Financial Results
Argo Corporation Reports First Quarter 2025 Financial Results

Malaysian Reserve

time19 hours ago

  • Malaysian Reserve

Argo Corporation Reports First Quarter 2025 Financial Results

TORONTO, May 30, 2025 /CNW/ – Argo Corporation (TSXV: ARGH), (OTCQX: ARGHF) ('Argo' or the 'Company'), a leader in next-generation transit solutions, announced its financial results for the quarter ended March 31, 2025 ('Q1 2025'). All figures are in Canadian dollars unless otherwise noted. Municipal Deployments Argo has made significant progress in the commercialization of its Smart Routing™ technology. The Company's first municipal deployment in the town of Bradford West Gwillimbury launched in the second quarter of 2025, as previously announced by the Company. Argo also announced its landmark $10.9 million 12-month pilot with the City of Brampton in the second quarter of 2025, anticipated to launch later this year. While revenue from these agreements was not reflected in Q1 2025 results, the Company expects to begin recognizing related revenues in the second and third quarters of 2025. Argo continues to advance a robust pipeline of municipal opportunities, positioning the Company for continued growth. Research & Development of Smart Routing™ Transit System In Q1 2025, the Company continued its investment in research and development to enhance its proprietary Smart Routing™ hardware and AI-powered software ecosystem, including vertical integration hardware onboard its Argo X1 electric vehicles. This end-to-end platform combines real-time routing software, electric vehicles and full-service operations to deliver dynamic, on-demand transit services. FoodsUp Inc. The company held a 47.851% interest in FoodsUp Inc. ('FoodsUp') as of March 31, 2025. FoodsUp is one of Canada's leading restaurant supply platforms, with annual revenues of $108 million in fiscal 2024. As previously disclosed, the Company made significant progress towards the divestment of this ownership interest in Q1 2025: Sale of Shares: The Company received approximately $2.5 million in proceeds from the sale of an aggregate of 5,855 subordinate-voting shares of FoodsUp Inc. Option Agreements: The Company entered into two option agreements (collectively, the 'Option Agreements') granting the holders thereof the irrevocable option to purchase up to a total of 45,932 subordinate-voting shares of FoodsUp. If the transactions contemplated by the Option Agreements are fully exercised, the Company has the potential to receive gross proceeds of between $21.6 million and $30.2 million. The Company's ability to complete the transactions provided for in the Option Agreements remain subject to any required approvals, including final approval of the TSX Venture Exchange and approval of the shareholders of the Company. In addition, in the second quarter of 2025, the Company announced that its board of directors declared a special stock dividend (the 'Stock Dividend') intended to provide its legacy shareholders with their proportionate stake in the net proceeds realized upon the eventual sale by the Company of its ownership interest in FoodsUp. Pursuant to the Stock Dividend, all of the Company's common shareholders of record on August 13, 2025 (the 'Record Date') will be entitled to receive, one Preferred Share, Series A of Argo for each common share of Argo held on the Record Date. The payment date for the Stock Dividend is August 20, 2025. Additional details regarding the Stock Dividend can be found in the Company's press release dated May 21, 2025. For detailed information, please refer to Argo's condensed interim consolidated financial statements for the three months ended March 31, 2025, and 2024 ('Q1 2025 Financial Statements') and its management's discussion and analysis of financial condition and results of operations for the three months ended March 31, 2025, and 2024 (the 'Q1 2025 MD&A'), filed on SEDAR+ at The following table provides a summary of Argo's financial results for the three months ended March 31, 2025 and 2024: For the three months ended March 31 2025 2024 REVENUE $512,172 $219,585 Cost of revenue $115,987 $12,956 General and administration 2,570,907 966,946 Operational support 663,431 239,207 Research and development 224,492 49,174 Sales and marketing 10,648 34,802 Provision for trade and other receivables – – Amortization & depreciation 18,490 34,746 Depreciation 25,989 7,584 Total operating expenses 3,629,944 1,345,415 OPERATING LOSS ($3,117,772) ($1,125,830) OTHER INCOME (EXPENSES) Foreign exchange gain/ (loss) (14,791) (40,069) Interest expenses (427,312) (228,616) Interest income – 897 Loss on termination (996,968) – Write-off of accounts payable settlements – 98,202 Fair value gain (loss) on investments 2,726,221 – Gain on sale of investment 105,864 – Share of loss of an associate – (1,083,495) Net income/ (loss) from continuing operations ($1,724,758) ($2,378,911) Discontinued Operations Net gain/(loss) from discontinued operations, net of tax 497 (489,791) Gain from derecognition, net of tax – 1,341,770 NET GAIN (LOSS) ($1,724,261) ($1,526,932) Cumulative translation adjustment (342) 78,655 Cumulative translation adjustment for discontinued operations – (252,661) NET PROFIT (LOSS) AND COMPREHENSIVE PROFIT (LOSS) ($1,724,603) ($1,700,938) (Loss) Profit per share (Loss) income per share from continuing operations – Basic and diluted ($0.01) ($0.02) Income (loss) per share from derecognition and discontinued operations – Basic and diluted $0.00 $0.01 Weighted average shares outstanding – Basic and diluted 138,683,002 132,944,615 All figures rounded to the nearest dollar. Prepared in accordance with IFRS. About Argo Argo delivers the world's first fully vertically integrated transit system, combining Argo X1 electric vehicles, Smart Routing™ technology, and comprehensive operational management in a single end-to-end solution. By integrating every aspect of the transit experience, Argo enables municipalities to augment traditional fixed-route services to dynamically optimized on-demand service while maintaining standard public transit pricing. The company launched Argo School in September 2024 and began its first municipal deployment in Bradford West Gwillimbury in early 2025. Learn more at Praveen Arichandran, CEOArgo Corporation(800) 575-7051 Forward-Looking Information This news release includes certain forward-looking statements as well as management's objectives, strategies, beliefs and intentions. Forward-looking statements are frequently identified by such words as 'may', 'will', 'plan', 'expect', 'anticipate,' 'estimate,' and 'intend,' and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. The forward- looking information set out in this news release relates to future events or our future performance and includes, without limitation, statements concerning the recognition of revenue in future quarters, the future growth of the Company, the completion of the completion of the exercise of the options granted pursuant to the Option Agreements by the holders thereof, Argo's ability to obtain all necessary approvals in respect of the Option Agreements and the Stock Dividend, and Argo's intention with respect to the Stock Dividend. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, as described in more detail in the Company's securities filings available at Actual events or results may differ materially from those projected in the forward-looking statements, and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law. See 'Cautionary Note Regarding Forward-Looking Information', 'Financial Risk Management Objectives And Policies' and 'Other Business Risks and Uncertainties' in the Company's Q1 2025 Financial Statements and its Q1 2025 MD&A for a discussion of the uncertainties, risks and assumptions associated with these statements and other risks. Readers are urged to consider the uncertainties, risks, and assumptions carefully when evaluating forward-looking information and are cautioned not to place undue reliance on such information. We have no intention and undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable securities legislation and regulatory requirements. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store