Corindus Vascular Robotics (NYSE:CVRS) this week registered for an upcoming mixed shelf offering worth up to $60 million. The company said that net proceeds from the round are currently slated to support further commercialization of its coronary robotic-assisted intervention programs as well as expanding the capabilities of its CorPath system, according to an SEC filing. The […]
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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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
Japanese automakers get in on health robotics
Japanese automakers, including Toyota (NSDQ:ADR), are reportedly turning their focus to robots to help the country’s rapidly aging society. Japan faces dwindling demand for cars, imported Japanese Used Cars are very cheap, and its falling population has yielded labor shortages and pension squeezes. Toyota today launched a rental service for its walk assist system, which helps […]
FDA clears Mazor X Align spinal surgical planning software
Mazor Robotics (NSDQ:MZOR) said today it won FDA clearance for its Mazor X Align spinal surgical planning software, with plans to launch in early May. The Mazor X Align software is designed to assist surgeons in planning for spinal deformity correction and spinal alignment procedures with the Mazor X Surgical Assurance platform, the Israel-based company said. […]
Intuitive Surgical shares rise amid takeover rumors
Intuitive Surgical (NSDQ:ISRG) stocks are up today on rumors that the company may be looking at a takeover from a larger player in medtech. Shares have ticked up nearly 1%, up $7.11 at $769.45 today due to the rumors, according to Seeking Alpha. The Sunnyvale, Cali.-based company has seen its shares trend upwards steadily since the […]
Mazor Robotics slides on Q1 prelims
Share prices for Mazor Robotics (NSDQ:MZOR) slid today despite preliminary 1st-quarter sales numbers that beat expectations on Wall Street. The Caesarea, Israel-based robot-assisted surgery device maker said it expects to post sales of $11.5 million for the 3 months ended March 31, ahead of The Street’s $11.2 million forecast and up 79.7% compared with Q1 2016. Investors […]
ReWalk Robotics slides on Barclays downgrade
Shares in ReWalk Robotics (NSDQ:RWLK) are off nearly 4% today after an analyst with Barclays downgraded the stock, citing “lack of tangible progress” and increased competition from other players in the robot-assisted rehabilitation market. Barclays analyst Matthew Taylor lowered the investment house’s rating on ReWalk from “equal weight” to “underweight” and cut his price target to […]
7 medtech stories we missed this week: March 31, 2017
This week we saw a few FDA 510(k) clearances and one of the 1st uses of a next-generation surgical robot in Asia. Here are 7 medtech stories we missed this week but thought were still worth mentioning: 1. Corindus touts first Asian use of next-generation robot Corindus Vascular Robotics announced in a March 31 press […]
TransEnterix adds hernia repair to Senhance robotic surgical platform
TransEnterix (NYSE:TRXC) said today it is looking to expand the use of its Senhance robotic surgical system to include hernia repair surgeries, touting that the system has been used in for the 1st time in such procedures in Germany. Research Triangle Park, N.C.-based Transenterix said that Dr. Dietmar Stephan and Dr. Frank Willeke performed up to 3 hernia surgeries […]
Titan Medical closes $6m offering
Titan Medical (CVE:TMD) said today it closed a $5.6 million offering, with funds slated to support the continued development of its robotic Sport surgical platform. The Toronto-based company floated approximately 21.5 million units at 26¢ (CAD 35¢) per unit. Each unit in the offering consists of 1 share of the company and 2 half-shares of purchase warrants, 1 due […]
Zimmer Biomet shoots for robot-assisted total knee release next year
Zimmer Biomet (NYSE:ZBH) expects to launch a robot-assisted surgery platform for total knee procedures during the 2nd half of 2018, the company said this week at the annual conference of the American Academy of Orthopedic Surgeons in San Diego. A prototype of the device, on display at the AOSS conference, is based on the Rosa technology Zimmer Biomet […]
Corindus inks robotic R&D, training partnership deal with WakeMed
Corindus Vascular Robotics (NYSE:CVRS) said today it inked a partnership deal with WakeMed Health & Hospitals. Through the deal, the groups will develop a center which aims to advance clinical robotics research and train interventional cardiologists on robotic-assisted percutaneous coronary interventions using its CorPath GRX system, the Waltham, Mass.-based company said. “Our top priority is to provide […]