At Hansen Medical we are passionate about creating robotic solutions that provide physicians with a suite of tools for their procedural and therapeutic success. Our mission is to enable cardiac arrhythmia & endovascular procedures and improve patient outcomes through the use of intravascular robotics.
Hansen Medical was born from the vision of creating a new generation of advanced medical robotics, a generation that would empower and protect physicians while providing enhanced care for patients. The Sensei® X Robotic Catheter System and Artisan®Control Catheter used in electrophysiology procedures were the first realization of this vision. The Magellan™ Robotic System and Magellan™ Robotic Catheter are the next generation of intravascular robotics technology designed for peripheral vascular interventions. Our headquarters are in Mountain View, California.

Type
Subsidiary
HQ
Mountain View, US
Founded
2002
Hansen Medical was founded in 2002 and is headquartered in Mountain View, US
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Key People/Management at Hansen Medical

Will K. Weinstein

Will K. Weinstein

Director

Hansen Medical Office Locations

Hansen Medical has offices in Mountain View and London
Mountain View, US (HQ)
800 E Middlefield Rd
London, GB
53 Chandos Pl
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Hansen Medical Financials and Metrics

Summary Metrics

Founding Date

2002

Total Funding

$81 m
Hansen Medical is a subsidiary of Auris Surgical Robotics

Hansen Medical Financials

Hansen Medical's revenue was reported to be $16.07 m in FY, 2015 which is a 17.6% decrease from the previous period.
Annual
USDFY, 2013FY, 2014FY, 2015

Revenue

17 m19.5 m16.1 m

Revenue growth, %

15%(18%)

Cost of goods sold

13.5 m16.5 m15.1 m

Gross profit

3.5 m3 m1 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016

Revenue

5.1 m3.7 m6.9 m3.9 m5.8 m3.1 m3.2 m3 m

Cost of goods sold

3.7 m3.3 m5 m3.2 m4.6 m2.7 m3 m2.1 m

Gross profit

1.3 m398 k1.9 m701 k1.2 m358 k204 k966 k

Gross profit Margin, %

26%11%28%18%20%12%6%32%
Annual
USDFY, 2013FY, 2014FY, 2015

Cash

28 m24.5 m20.4 m

Inventories

12.2 m11.5 m8.7 m

Current Assets

49.2 m44.8 m36.9 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016

Cash

40.2 m31 m24.9 m34.2 m51.4 m40.2 m28.9 m12.5 m

Accounts Receivable

4.3 m3.7 m

Inventories

11.8 m12 m11.4 m11.7 m10.2 m11.2 m11 m9.6 m

Current Assets

60.8 m51.1 m43.6 m54.2 m68.7 m56.3 m46.3 m26 m
Annual
USDFY, 2013FY, 2014FY, 2015

Net Income

(55.7 m)(54.2 m)(46.2 m)

Depreciation and Amortization

2.9 m2.6 m1 m

Inventories

(3.1 m)(775 k)1 m

Accounts Payable

226 k(803 k)(1.9 m)
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015

Net Income

(13.2 m)(14.4 m)(12.3 m)(15.6 m)(11.9 m)(24.4 m)(34.7 m)

Depreciation and Amortization

514 k777 k

Inventories

(518 k)(592 k)

Accounts Payable

(788 k)(1.6 m)
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