Italian robotic surgery dev Medical Microinstruments said today it raised approximately $24.5 million (EU €20 million) to support the development of its robotic microsurgery platform. The financing round was led by Andera Partners and joined by Panakes Partners, Fountain Healthcare, Sambatech and industry veterans Gus Castello, formerly of Intuitive Surgical (NSDQ:ISRG), and John Engels, AxoGen (NSDQ:AXGN) […]
Intuitive Surgical shares up on Street-beating Q1
Shares in Intuitive Surgical (NSDQ:ISRG) have risen in after-hours trading today after the robotic surgery giant posted first quarter 2018 earnings that beat expectations on Wall Street. The Sunnyvale, Calif.-based company posted profits of $287.3 million, or $2.44 per share, on sales of $847.5 million for the three months ended March 31, seeing the bottom line grow […]
Vicarious Surgical comes out of stealth with $17m Series A for VR-based robot-assisted surgery device
Vicarious Surgical came out of stealth mode today by announcing a nearly $17 million Series A round for the virtual reality-augmented robot-assisted surgery platform it’s developing. Cambridge, Mass.-based Vicarious, which first reported a $2.4 million raise in January 2016 and another $800,000 in October of that year, opened the Series A round in January with a […]
Titan Medical, Mimic Tech collab on Sport surgical simulation modules
Titan Medical (TSX:TMD) said today it inked a collaborative deal with robotic simulation developer Mimic Technologies to develop simulation modules for Titan’s Sport robotic surgical platform. Toronto-based Titan Medical said that surgical simulations using its Sport surgical system have been successfully demonstrated, which it claims is the first step towards developing a “comprehensive surgeon training curriculum” […]
UPDATE: Moll’s Auris wins FDA nod for Monarch robotic endoscopy platform
Updated to include commentary from Auris chief strategy officer Josh DeFonzo. Auris Health, previously known as Auris Surgical Robotics and formed by Intuitive Surgical (NSDQ:ISRG) founder Dr. Frederic Moll, said today it won FDA clearance for its Monarch robotic endoscopy platform. The Redwood City, Calif.-based company said it’s Monarch robotic platform’s initial aim will be on […]
Does robotic telesurgery have a future?
Although many have experimented with remote “telesurgery,” are the conditions right for commercial companies to start making an investment in a remote robotic surgical future? Although the idea of telesurgery — performing specialized procedures with robot-assisted surgical tools from a remote location — dates back to the very first research into medical robotics, the technology […]
Things You Need to Consider When Designing Robots for Commercialization
When people think of robotics, they often think about warehouses or manufacturing lines, where robots automate multiple processes. But robotics has the potential to reshape the way healthcare is delivered in a variety of applications and locales. While we’re a long way from a robot replacing a physician, there are many opportunities to provide automation […]
FDA clears robotic movement software from Corindus
The FDA granted 510(k) clearance to the first automated robotic movement software designed for Corindus Vascular Robotics (OTC:CVRS) CorPath GRX percutaneous coronary intervention platform, the company reported today. The Rotate on Retract feature allows the person operating the CorPath GRX to navigate to a targeted lesion by automatically turning the guidewire upon joystick retraction. The software […]
NuVasive teases robotics offering with Street-meeting Q4
NuVasive Inc. (NSDQ:NUVA) executives yesterday teased the robot-assisted surgery solution it’s developing for spinal procedures in discussing its fourth-quarter and full-year results, which largely met the forecast on Wall Street. Chairman & CEO Greg Lucier told analysts during a conference call that San Diego-based NuVasive’s “surgical intelligence platform,” slated to be unveiled at the North American Spine […]
Designing for healthcare robotics: 2 things you need to consider
Have an idea for an innovative healthcare robot? Here are a few design principles to help you avoid common pitfalls. Ken Haven, Acorn Product Development When people think of robotics, they often think about warehouses or manufacturing lines, where robots automate multiple processes. But robotics has the potential to reshape the way healthcare is delivered in a […]
How Medrobotics’ CEO thwarted possible corporate espionage
Medrobotics CEO Samuel Straface has a habit of being last out the door – a habit that may have saved his company from corporate espionage. Good leadership isn’t a trait that manifests itself only when there’s a team to oversee. It’s a persistent quality that, when managed correctly, requires constant and consistent effort and can […]
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