The heights of two weeks ago may not have been reached, but the medtech industry — despite a slight dip — performed well in the stock markets once again. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — finished last week at 97.99 (Nov. 20), marking a 1% downturn […]
Surgical
Please pass the podcast – Enjoy a feast of insights from Spencer Stiles (Stryker) Art Collins (Explorer) and Mark Leahey (MDMA)
DeviceTalks Weekly listeners will need some gravy to digest this Thanksgiving feast-sized podcast featuring news and insights from three stellar guests in addition to two new installments of #2minutedetalks chapters from Delve Inc. and Explorer Surgical. This week we visit with… Mark Leahey, president of the Medical Device Manufacturers Association, who explains where medtech might […]
The top 5 MassDevice stories of the week — November 20, 2020
The past week saw major news in the robotic surgery space, with Johnson & Johnson (NYSE:JNJ) unveiling its new Ottava platform. Want to hear more about the week’s top medtech news on MassDevice? Executive editor Chris Newmarker and Tom Salemi will discuss the week’s “Newmarker’s Newsmakers” — as well as fictional monsters that come out of […]
FDA clears Think Surgical’s second-gen robotic knee surgery system
Think Surgical announced today that FDA has granted 510(k) clearance for the second generation of its TSolution One total knee application. The TSolution One is an active robot for total knee replacement; it includes fully automated bone preparation and provides surgeons a choice of implant options. The newly-cleared version of the system features includes an […]
BREAKING: Johnson & Johnson finally unveils its new robot-assisted surgery system
Johnson & Johnson (NYSE:JNJ) today shared details on its surgical robotic platform that it says offers unrivaled flexibility and control compared to the rest of the market. The new system is designed with six arms to provide more control and flexibility in surgery, while its arms will be integrated into the operating table. Additionally, the platform […]
Depleted hospital capital accounts are requiring medtechs to be `flexible’
As hospitals brace for another surge in COVID-19, medical device companies have to worry about more than temporary reductions in elective surgeries. Hospitals struggling to account for every dollar are beginning to push for new ways to select and pay for new medical technology, particularly large capital items like robotic surgery systems, according to […]
Explorer says AR, AI will improve surgeon-sales rep connections
Explorer Surgical, one of several companies working to established remote connections between surgeons and advisors located outside the operating room, introduced a suite of audio/video functionality that it says will established “unprecedented” levels of communications. The Chicago-based startup says its platform will include augmented reality. According to a release, the HIPAA-compliant system will allow proxies, […]
Titan Medical rises on Q3 results
Titan Medical (TSX:TMD;OTC:TITFX) shares ticked up today despite third-quarter results that include a massive decline in revenues. The Toronto-based robotic surgery company posted losses of -$1.6 million, or -2¢ per share, on sales of $4.5 million for the three months ended Sept. 30, 2020, for a -4.9% bottom-line slide on a sales decline of -75.5%. “Titan […]
Tech bridges gap between sales reps and surgeons
Medtech sales reps often are an essential presence during surgeries. But worries about the spread of the coronavirus and the availability of personal protective equipment have pushed most reps out of the operating rooms, leaving surgeons without a resource to which they’ve grown accustomed. Technology startups are stepping forward to reunite surgeons and sales reps […]
TransEnterix beats The Street in Q3
TransEnterix (NYSE:TRXC) shares ticked up slightly on third-quarter results that came in ahead of the consensus forecast. The Research Triangle Park, N.C.-based surgical robotics company posted losses of -$15.1 million, or -15¢ per share, on sales of $814,000 for the three months ended Sept. 30, 2020, for an 84.6% bottom-line gain despite a sales decline of […]
Accuray ticks up on Street-beating Q1
Accuray (NSDQ:ARAY) shares ticked up today on first-quarter results that came in ahead of the consensus forecast. The Sunnyvale, Calif.-based radiotherapy device maker posted profits of $402,000, breaking even on a per-share basis, on sales of $85.3 million for the three months ended Sept. 30, 2020, for a bottom-line gain from losses of more than -$9.3 […]
