Titan Medical today provided a progress update regarding its planned merger with surgical guidance technology company Conavi Medical. The companies entered into a definitive amalgamation agreement to combine in an all-stock transaction last month. They aim to commercialize Conavi’s Novasight Hybrid system for guiding common minimally invasive coronary procedures. Conavi Medical designs, manufactures and markets imaging […]
Robotic-Assisted
Intuitive beats the Street in Q1, increases procedure volume forecast
Intuitive Surgical posted first-quarter results today that exceeded the consensus forecast on Wall Street while increasing its forecast for full-year procedure growth. The Sunnyvale, California-based surgical robotics leader reported profits of $545 million, or $1.51 per diluted share, for the three months ended March 31, 2024, up 53% from the first quarter of 2023. Total […]
10 new, innovative medical devices to watch for in 2024
By Senior Editor Danielle Kirsh and Associate Editor Sean Whooley Significant medical device launches are coming in 2024. Think pulsed field ablation, diabetes treatment tech, surgical robotics and more. Pulsed field ablation news took over at the end of 2023 and the start of 2024, with Medtronic and Boston Scientific garnering significant regulatory approvals. Surgical […]
Intuitive’s da Vinci 5 surgical robot has analysts confident in future growth
William Blair analyst Brandon Vazquez has increased confidence in Intuitive after viewing the new da Vinci 5 system at SAGES 2024. Vazquez said in a report that he has increased confidence in the company’s ability to drive growth over the next 5-10 years. He was particularly impressed with the system’s efficiency improvements and haptic feedback. […]
Noah Medical has positive robotic bronchoscopy data
Noah Medical today announced new field data detailing early experience using its Galaxy system for robotic-navigated bronchoscopy. Dr. D. Kyle Hogarth (University of Chicago Medical Center) and Dr. Amit Mahajan (Inova Fairfax Hospital) provided the field data. It represents the findings from 165 total patient procedures investigating 190 total lesions. Key findings include diagnostic yield […]
Medtronic unveils new AI for laparoscopic, robotic surgery tech
Medtronic today announced new AI capabilities to go with the launch of its Touch Surgery Live Stream digital offering. The medtech giant’s 14 new AI algorithms enhance its digital capabilities within post-operative analysis. Medtronic said they provide AI surgical insights across laparoscopic and robotic-assisted surgery. Along with the algorithms, Medtronic launched its Touch Surgery Live […]
Caranx performs first TAVI procedure using surgical robot
Caranx Medical today announced it completed its first robotic assisted transcatheter aortic valve implantation. The assisted heart valve implantation in an animal was successfully performed by Dr. Stéphane Lopez, Caranx CMO Dr. Eric Sejor, Caranx CTO Pierre Berthet-Rayne and the Caranx team. “This groundbreaking achievement is the result of hard teamwork. At Caranx Medical, we […]
FDA approves Symani surgical robot platform from Medical Microinstruments
Medical Microinstruments announced today that the FDA granted de novo clearance for its Symani surgical robot platform. Clearance covers soft tissue manipulation to perform microsurgery. This technique involves reconnecting tiny vessels to restore blood flow or redirect fluid during reconstruction or repair. FDA authorization makes Symani the only commercially available platform in the U.S. for […]
Karl Storz enters talks to acquire Asensus Surgical through letter of intent
Asensus Surgical (NYSE:ASXC) announced today that it entered into a non-binding letter of intent for Karl Storz to acquire it. The agreement enables Karl Storz to engage in diligence and negotiations over a potential acquisition of the surgical robot maker. Asensus and Karl Storz began a collaboration over surgical robotics just over a year ago […]
Titan Medical settles dispute with contract manufacturer
Titan Medical announced today that it entered into a settlement agreement after a dispute with an unnamed contract manufacturer. Toronto-based Titan agreed to pay the contractor $2 million to settle the dispute, according to a news release. Its final payment installment is set to be made on or before June 24, 2024. Upon the receipt […]
Synaptive Medical wins FDA nod for near-infrared fluorescence in robotic exoscope
Synaptive Medical announced today that it received FDA 510(k) clearance for its near-infrared fluoresence visualization module on its robotic exoscope. The Toronto-based company can now add its Modus IR module to the existing fluorescence offering on the 4K, 3D Modus X system. Modus IR bolsters the capabilities of the exoscope across all neurosurgical procedures, as […]