ReWalk Robotics (NSDQ:RWLK) said yesterday that it raised $11 million in a warrants offering. Israel-based ReWalk Robotics sold roughly 1.5 million five-year warrants in November 2018 that are now being redeemed for $7.50 apiece, resulting in gross proceeds of $11 million and net proceeds of about $10 million. The warrants were issued on June 5-6, according […]
HistoSonics touts first-in-human study results
HistoSonics said today that its non-invasive robotics platform and novel sonic beam cancer therapy successfully destroyed 11 tumors in eight patients during its first clinical trial. The results were presented this week at the 2019 Society of Interventional Oncology (SIO) Annual Meeting in Boston. The meeting also included preclinical presentations of what HistoSonics termed promising […]
Medtronic hints at upcoming surgical robot
Medtronic (NYSE:MDT) won’t unveil its new robot-assisted surgery platform until the fall, but a recent announcement from the company offered a sneak peek at what’s coming. The medical device giant yesterday disclosed a partnership with Karl Storz SE & Co. (Tuttlingen, Germany) to use Karl Storz’s three-dimensional vision systems and visualization components into Medtronic’s upcoming robot-assisted […]
Smith & Nephew picks up optical tracking tech company
Smith & Nephew (NYSE:SNN) said today that it acquired Switzerland-based Atracsys Sarl and its optical tracking camera technology. The deal, which is expected to close in the third quarter of 2019, adds a “core enabling technology” to Smith & Nephew’s digital surgery and robotic platform, according to the medtech company. Smith & Nephew’s next-gen robotics platform […]
ReWalk Robotics wins FDA nod for ReStore soft exo-suit
ReWalk Robotics (NSDQ:RWLK) said yesterday that it won FDA 510(k) clearance for its ReStore soft exo-suit system intended for rehabilitation therapy. The Marlborough, Mass.-based company touted the clearance as being the first by the FDA for a soft exo-suit system intended for use in treating stroke survivors with mobility challenges. The ReStore exo-suit features a soft, garment-like […]
7 companies using robot-assisted surgery to transform orthopedics
It seems as if every orthopedic device company is getting involved in robot-assisted surgery — rolling out robots to assist surgeons operating on the knee, hip, shoulder or spine. Two events in recent years especially signaled that robots were coming into their own in the space: Stryker spent $1.7 billion for Mako Surgical in order […]
J&J’s Ethicon files ITC complaint against Intuitive Surgical
Johnson & Johnson (NYSE:JNJ) subsidiary Ethicon wants the U.S. International Trade Commission to stop Intuitive Surgical (NSDQ:ISRG) from importing robot-assisted surgical staplers it makes in Mexico, alleging that they infringe a quintet of Ethicon patents. In a complaint filed with the ITC last week, Ethicon accused Intuitive’s EndoWrist and SureForm endocutters of infringing five of its […]
Auris Health loses motion to move Intuitive Surgical patent suit from Del. to Cali.
Newly Johnson & Johnson acquired (NYSE:JNJ) Auris Health has lost a bid to move a patent infringement it faces from competitor Intuitive Surgical (NSDQ:ISRG) from Delaware to California. In the case, filed last August, Sunnyvale, Calif.-based Intuitive Surgical claims that Auris’ Monarch robotic surgical platform infringes on eight of Intuitive’s patents. Auris Health filed a motion looking […]
ReWalk Robotics wins CE Mark for ReStore soft exo-suit
ReWalk Robotics (NSDQ:RWLK) said today that it won CE Mark clearance in the European Union for its ReStore soft exo-suit designed for use in stroke rehabilitation. The Marlborough, Mass.-based company touted the clearance as the first for a soft exo-suit in the region. The ReStore exo-suit features a soft, garment-like design and is intended to adaptively synchronize […]
The robots are coming to medtech: Where’s the value?
As each medtech manufacturer gears up to bring robots to surgery, they’ll need to create an outcomes-oriented value story in order to compete. Will Randall, ZS The biggest medtech headlines so far in 2019 tell a consistent story: The robots are coming. From Medtronic’s $1.6 billion acquisition of Mazor in late December to Johnson & […]
TransEnterix wins Japanese OK for Senhance in robot-assisted surgery
Japanese regulators approved the Senhance robot-assisted surgery device made by TransEnterix (NYSE:TRXC) for several procedures, the company said today. Japan’s Ministry of Health, Labor & Welfare granted “shonin” approval to Senhance for laparoscopy for general surgery, gynecology, urology and “certain thoracic procedures,” the Research Triangle Park, N.C.-based company said. “Regulatory approval in Japan is a pivotal milestone […]
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