The FDA has given a recall on the Zimmer Biomet (NYSE:ZBH) Rosa Brain 3.0 devices for robot-assisted neurosurgery procedures a Class I designation, the most serious type of recall. Zimmer Biomet warned in September of the problem, in which a sequence workflow can trigger “a discrepancy between initial skin marking on the skull and instrument trajectory,” […]
Neural Analytics launches feasibility study for Lucid robot-assisted stroke device
Neural Analytics said yesterday that it has enrolled the first subjects in a study of its Lucid robotic system for the management of patients suspected of suffering a stroke. The Codex study is a prospective, single-arm, multi-center, safety and technical feasibility study under an FDA investigational device exemption for the Lucid system. Dr. Ifeanyi Iwuchukwu […]
TransEnterix pursues reverse split, share prices plunge
TransEnterix (NYSE:TRXC) said today that it plans to pursue a reverse stock split that could see it exchange a single share for as many as 40 shares. Companies often use reverse splits to buoy their share prices. Research Triangle Park, N.C.-based TransEnterix, which makes the Senhance robot-assisted surgery device, set the range on the proposed split […]
Siemens Healthineers closes $1B Corindus Vascular Robotics buy
Siemens Healthineers said it today completed its $1.1 billion buyout of Corindus Vascular Robotics and its robot-assisted device for coronary and peripheral vascular procedures. Last week Corindus shareholders approved the merger, in which the German firm put up $4.28 per common share and $85.60 per Series A convertible preferred share. Today Siemens Healthineers said former […]
Titan Medical prices offering for up to $25m for Sport robot-assisted surgery device
Titan Medical (TSX:TMD;OTC:TITFX) today priced an offering it hopes will bring in as much as $25 million, cash it desperately needs to resume development of its Sport robot-assisted surgery device. Earlier this month, shares in the Toronto-based company lost nearly half their value when Titan suspended the timeline on the Sport single-port surgery platform. The company […]
Corindus Vascular Robotics shareholders OK $1B Siemens Healthineers takeover
Corindus Vascular Robotics (NYSE:CVRS) said today that its stockholders approved the adoption of a $1.1 billion merger with with Siemens (NYSE:SI). Waltham, Mass.-based Corindus said the transaction is slated to close Oct. 29, after which Corindus will be delisted from the New York Stock Exchange, according to a news release. Corindus stockholders are set to receive $4.28 per […]
Auris Health touts FIH results for Monarch robot-assisted bronchoscopy device
Johnson & Johnson (NYSE:JNJ) subsidiary Auris Health said today that a study of its Monarch robot-assisted bronchoscopy device reached its primary effectiveness endpoint in nearly all procedures. The Benefit study assessed the platform’s ability to aid in the diagnosis of peripheral pulmonary lesions ranging from 1cm to 5cm. The Monarch platform localized targeted nodules using […]
Stryker closes $500m Mobius buy
Stryker (NYSE:SYK) said today that it closed the $500 million buyout of Mobius Imaging and its Cardan Robotics subsidiary. The Kalamazoo, Mich.-based company was the first orthopedics major to bet large on robotics with the $1.68 billion acquisition of Mako Surgical in December 2013. Last month Stryker agreed to pay $370 million up front, with another $130 million […]
TransEnterix modifies AutoLap sale
TransEnterix (NYSE:TRXC) said yesterday that it agreed to amend a previously announced sale agreement with Great Belief International for the AutoLap system. On July 10, Research Triangle Park, N.C.-based TransEnterix announced that it dealt the AutoLap assets it had acquired in October 2018 along with Medical Surgery Technologies to Great Belief International for $47 million. This week, […]
Intuitive Surgical gains on Q3 beats
Intuitive Surgical (NSDQ:ISRG) shares gained in pre-market trading today after the robot-assisted surgery pioneer posted third-quarter results that beat expectations for both sales and earnings. Sunnyvale, Calif.-based Intuitive reported profits of $396.8 million, or $3.33 per share, on sales of $1.23 billion for the three months ended Sept. 30, marking a 35.7% bottom-line gain on sales […]
Synaptive Medical, Stryker ink co-marketing deal
Synaptive Medical said today that it inked a co-marketing deal with Stryker (NYSE:SYK) for its Modus V digital microscope as it begins a strategic commercial expansion into the spinal surgery market. The Modus V is a robotically controlled digital microscope used as part of Synaptive’s BrightMatter surgical suite designed for less invasive, patient-specific approaches in complex […]
- 1
- 2
- 3
- …
- 72
- Next Page »
MassDevice Network
@MassDevice
LinkedIn
YouTube