Quantum Surgical obtains Non-Dilutive Loan Facility of €4.8M

Montpellier, France, July 1, 2020 - Quantum Surgical, an innovative company developing a Surgical Robot for liver cancer treatment, announces today that the company has obtained a €4.8 million State Guaranteed Loan (PGE).
This loan, granted by Crédit Agricole, Dupuy de Parseval Bank, and the French Public Bank for Investment (BPI) as part of the measures to support the economy, will enable the company to pursue the development of its product which is expected to be commercialized in 2021 in Europe.
“Thanks to our partner banks and the BPI who quickly mobilized to grant us this loan, and thus confirm their confidence in our project, we will be able to continue our development activities aimed at obtaining Regulatory authorizations of our robotic platform needed before its commercialization” announces Christophe Sibillin, Chief Financial Officer at Quantum Surgical.