ReWalk Robotics (Nasdaq:RWLK) announced that it executed an agreement to acquire AlterG, an anti-gravity system provider. The deal includes a purchase price of approximately $19 million at closing. ReWalk expects to close the deal on Aug. 11, with closing contingent upon the satisfaction of customary closing conditions. Additional cash earnouts may be paid based upon […]
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.
🤖 Narrow your focus with these categories:
Robot-Assisted
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
Elon Musk’s Neuralink raises $280M for brain-computer interface tech
Neuralink, the Elon Musk-backed brain-computer interface (BCI) maker, announced that it raised $280 million in a Series D financing. The Founders Fund, founded by billionaire Peter Thiel among others, led the round. Neuralink made its announcement in a post on “X,” (formerly “Twitter”) the social media platform owned by Musk. “We’re happy to announce our […]
Stryker launches direct-to-patient marketing campaign for Mako surgical robot
Stryker announced today that it launched a nationwide, direct-to-patient marketing campaign. The “Scan. Plan. Mako Can.” marketing campaign aims to drive patient awareness of its Mako SmartRobotics platform. The surgical robotic system offers an option for those who need joint replacement surgery due to arthritis of the knee or hip. “‘Scan. Plan. Mako Can.’ is […]
Vicarious Surgical looks to raise $45M from public offering
Vicarious Surgical (NYSE:RBOT) announced that it priced an underwritten public offering worth approximately $45 million in proceeds. Waltham, Massachusetts–based Vicarious’ offering includes 45 million shares of its Class A common stock priced at $1 per share. Additionally, the company granted underwriters a 30-day option to purchase up to an additional 6.75 million shares of common […]
SS Innovations begins FDA, CE Mark submission process for surgical robot
SS Innovations announced today that it commenced the process of applying for regulatory approvals for its surgical robot device. Fort Lauderdale, Florida-based SS Innovations plans to apply for FDA approval and CE mark for its flagship SSi Mantra device. It retained regulatory and quality compliance firm Elexes for support through the approval process. The company […]
Vicarious Surgical plans for in-human surgical robot trials next year, posts Q2 EPS miss
Vicarious Surgical (NYSE:RBOT) shares dipped this morning on second-quarter results despite a positive update on its surgical robot. Shares of RBOT fell 2.9% to $1.69 apiece in midday trading today. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — stayed even. The company failed to beat Wall Street […]
Asensus Surgical announces $10M offering
Asensus Surgical (NYSE:ASXC) announced today that it entered into a definitive agreement for the purchase and sale of $10 million in common stock. Research Triangle Park, North Carolina-based Asensus’ offering includes just over 23.8 million shares of common stock. It also includes warrants to purchase the same amount of shares in a registered direct offering. […]
Intuitive stock dips despite Street-beating Q2, increased da Vinci volumes
Intuitive Surgical shares took a hit even though its second-quarter results topped the consensus forecast. Shares of ISRG fell more than 3% to $337.17 apiece by the afternoon today — the day after Intuitive released results. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — was up slightly. […]
Former Medtronic exec joins ForSight Robotics as CFO
ForSight Robotics announced today that it appointed Sharon Levita as its chief financial officer (CFO), effective Sept. 1, 2023. Yokneam Illit, Israel-based ForSight Robotics said it plans for Levita to lead its strategic and financial operations. Her focuses center around driving business strategies, expanding strategic partnerships and managing financial and growth objectives. Levita offers more […]
Leading U.S. hospital begins pediatric program with Asensus surgical robot platform
Asensus Surgical (NYSE:ASXC) announced today that an unnamed leading U.S. hospital initiated a pediatric program with its Senhance platform. Research Triangle Park, North Carolina-based Asensus picked up a pediatric indication for Senhance from the FDA in March. Senhance, Asensus’ flagship offering for its Performance-Guided Surgery, is a first-of-its-kind digital laparoscopic surgical robot. It uses augmented intelligence […]
ReWalk Robotics, Myomo to benefit from new proposed Medicare classifications
A new proposed rule from the Centers for Medicare and Medicaid Services (CMS) could benefit companies like ReWalk Robotics (Nasdaq:RWLK) and Myomo (NYSE:MYO). The proposed rule would establish a new regulatory definition of “brace.” In Myomo’s case, it aims to classify the L8701 and L8702 HCPCS codes as “brace.” Adding the definition of brace would […]