HNSN - Hansen Medical, Inc.

Hansen Medical, Inc. (HNSN) was a medical technology company that developed and marketed robotic catheter systems for electrophysiology (EP) procedures. The company was headquartered in Mountain View, California and was founded in 2002.

Hansen Medical's robotic catheter systems were designed to assist physicians in performing minimally invasive EP procedures with greater precision and control. The company's flagship product was the Sensei Robotic Catheter System, which was cleared by the FDA for use in electrophysiology procedures in 2007.

Hansen Medical's robotic catheter systems were used in EP procedures to treat a range of cardiac arrhythmias, including atrial fibrillation and ventricular tachycardia. The company's technology was designed to enhance the accuracy and safety of these procedures and reduce the time required for recovery.

In 2016, Hansen Medical was acquired by Auris Surgical Robotics, a medical device company focused on developing robotic technologies for minimally invasive surgical procedures.

Investors in Hansen Medical should have been aware of the risks associated with investing in the medical technology industry. The success of medical device companies is subject to a range of factors, including regulatory approval, competition, and the ability to develop and market innovative products.

In conclusion, Hansen Medical was a medical technology company that developed and marketed robotic catheter systems for electrophysiology procedures. The company's technology was designed to enhance the accuracy and safety of these procedures and reduce the time required for recovery. Hansen Medical was acquired by Auris Surgical Robotics in 2016. Investors in the medical technology industry should be aware of the risks associated with investing in this sector and the importance of closely monitoring a company's regulatory approval, competition, and product development efforts.