Asensus Surgical (NYSE:ASXC) announced today that it entered into a multi-year collaboration with Google Cloud. The collaboration integrates Google Cloud’s secure cloud data architecture and machine learning into the Asensus surgical robot platform. It further expands the capabilities of Asensus’ performance-guided surgery framework through its Intelligent Surgical Unit (ISU). Research Triangle Park, North Carolina–based Asensus […]
Surgical Robotics
Welcome to MassDevice's Surgical Robotics Hub, your resource for the latest news and insights on all things robotic surgery. Stay informed about the innovations and business news shaping the industry.
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Here are top surgical robotic features from MassDevice and its sister publications (and scroll down to read the latest cardiology device news from MassDevice):
+ Intuitive details da Vinci 5 launch plans with limited supply of next-gen surgical robotics systems
+ 10 surgical robotics companies you need to know
+ The secret behind Intuitive’s surgical robotics success
+ Surgical robotics trends and how to accelerate adoption
+ How surgical robotics safety systems prevent patient harm
+ These surgical robotics arms are destined for the trash — by design
Latest Surgical Robotics News
Vicarious Surgical cuts 14% of its workforce
Vicarious Surgical (NYSE:RBOT) announced layoffs to reduce cash burn and boost R&D spending at the surgical robotics company. CFO William Kelly told analysts yesterday evening that the present economic environment has Vicarious Surgical focusing on getting a quality robotic surgery system “out the door fast.” He said the company has reduced its workforce by 14%. […]
Could 2023 be a boom year for orthopedic devices?
The orthopedic devices market is expected to reach nearly $50 billion this year as procedures bounce back from COVID-19, according to GlobalData. GlobalData predicts the orthopedic surgical robotics space will be even hotter this year, growing 25.6% year-over-year to $984 million. “Boosted by artificial intelligence (AI) and machine learning, new generations of orthopedic robots are […]
New medtech to watch for in 2023: boosting health outcomes
As earnings season is upon us, we’re receiving a clearer view of what new medtech could be launching this year in the medical device space. Companies still feel hamstrung by macroeconomic pressures, supply chain issues and more. However, many pointed out that 2023 has plenty to look forward to. Several quarterly reports and earnings calls […]
J&J’s Ethicon completes first robot-assisted kidney stone removal with Monarch platform
Ethicon, a Johnson & Johnson MedTech company, today announced the first robotic-assisted removal of kidney stones using the Monarch platform. Auris Health, an Ethicon subsidiary, received FDA clearance for Monarch for endourological procedures in May 2022. The University of California, Irvine’s UCI Health used the Monarch platform for urology to complete the first procedure. According […]
Ronovo Surgical unveils Carina surgical robot platform
Ronovo Surgical announced today that it closed a new round of financing, bringing its total funds raised to more than $50 million since 2020. Shanghai-based Ronovo develops broad, cross-specialty robotic-assisted surgery (RAS) technology. LongRiver Investments led the latest financing round. Existing investors Lilly Asia Ventures, Vivo Capital, Matrix Partners China and GGV Capital participated. CEC […]
Intuitive stock down amid next-gen robot disappointment
Intuitive Surgical (Nasdaq:ISRG) shares took a hit after an earnings call in which CEO Gary Guthart pushed back the timing of a potential next-gen surgical robotics multiport system. “As we start this year, we do not currently expect a new multiport system launch in 2023,” Guthart said in a call with analysts this evening. Later […]
Asensus Surgical wins CE mark approval for expanded machine learning
Asensus Surgical (NYSE:ASXC) announced today that it received CE mark for an expansion of machine vision capabilities with its surgical robot. The approval expands machine vision for the previously cleared Intelligent Surgical Unit (ISU) of the Senhance system. This regulatory nod makes the expanded ISU capabilities available across Europe, Japan and the U.S. The FDA […]
Asensus Surgical projects at least $2.2M in Q4 sales
Asensus Surgical (NYSE:ASXC) this week announced preliminary fourth-quarter results that came up well short of Wall Street estimates. The company expects to report revenues between $2.2 million and $2.8 million. Analysts expected the company to bring in approximately $3.7 million over the three months ended Dec. 31, 2022. Asensus expects its full-year revenue to total […]
Titan Medical meets with strategic buyers and investors as surgical robot developer considers its future
Titan Medical (Nasdaq:TMDI) met with potential buyers of the surgical robotics company this week in San Francisco. The Toronto-based medical device developer has been considering the best options for investors and the company’s Enos surgical robot. Facing delisting of its stock from the Nasdaq exchange due to its low price last year, Titan Medical announced […]
Myomo prices $6.5M public offering
Myomo (NYSE:MYO) announced today that it priced a public offering of 20 million shares of common stock at $0.325 per share. Boston-based Myomo expects aggregate gross proceeds to total approximately $6.5 million. That comes before deducting placement agent fees and other offering expenses. The company expects the offering to close on or about Jan. 17, […]