Medical Device Firm Integrated Surgical Systems is Sold to Novatrix Biomedical Inc.

Sacramento medical device company Integrated Surgical Systems Inc. has sold all its assets to Southern California-based Novatrix Biomedical Inc. for $4 million and the cancellation of $3.7 million in debt. The company, which gained fame in the 1990s for developing a robotic device called Robodoc to help in hip-replacement surgery, agreed to the sale late last year.

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