Kitchener, Ontario - August 5, 2024 - Cobionix, a pioneer in the field of AI-powered collaborative medical robotics, is thrilled to announce the addition of Dr. Diku Mandavia as Chief Medical Officer. Dr. Mandavia brings over 25 years of unparalleled experience in the medical device industry, having significantly contributed to groundbreaking innovations in ultrasound technology and medical imaging.

Dr. Tim Laswell, Co-founder of Cobionix, stated, "We are ecstatic to welcome Dr. Diku Mandavia to our team. His vast expertise and track record of leading major industry acquisitions and innovations make him an invaluable asset as we continue to push the boundaries of AI-powered medical robotics."

Dr. Mandavia has been instrumental in numerous high-profile transactions in the medical device sector, including his pivotal role in Sonosite's $1B acquisition by Fujifilm and DiA Imaging's $100M acquisition by Philips. As a renowned key opinion leader in the ultrasound community, his strategic vision and leadership have consistently driven advancements in medical imaging and device innovation.

In his role as Chief Medical Officer, Dr. Mandavia will provide strategic medical leadership to Cobionix as the company develops and introduces state-of-the-art medical robots into the healthcare market. His insights and expertise will be critical in shaping the future of medical robotics, and expanding Cobionix's reach and impact.

Dr. Mandavia commented, "I am honoured to join Cobionix and contribute to their revolutionary efforts in medical robotics. Cobionix's AI-powered collaborative medical robots hold immense potential to transform healthcare delivery, and I am excited to help them achieve their mission."

This appointment underscores Cobionix's dedication to advancing medical robotics and further solidifies the company's position as a leader in the industry.

For more information about Cobionix and its groundbreaking medical robots, please visit www.cobionix.com.

About Cobionix

Cobionix is at the forefront of developing AI-powered collaborative medical robots designed to revolutionize the healthcare industry. Committed to alleviating labour shortages in healthcare and enhancing patient care, Cobionix aims to define the future of medical robotics.

For media inquiries, please contact:

media@cobionix.com

www.cobionix.com