Startup spinal implant company Carlsmed and startup spine imaging system company Precisive Surgical have completed a merger to develop a personalized surgical workflow platform. The system will combine clinical intelligence, advanced image recognition, and 3D printing to enable earlier surgical intervention delivering personalized implants to patients with complex, multi-level spinal alignment deviation, according to San Diego-based Carlsmed. The system […]
Intuitive Surgical beats The Street on Q2 earnings
Intuitive Surgical (NSDQ:ISRG) today reported better-than-expected earnings and revenue for its second quarter amid 24% year-over-year growth in shipments of da Vinci surgical systems. The dominant robot-assisted surgery company reported profits of $318.3 million, or $2.67 per share, on sales of $1.10 billion for the three months ended June 30, 2019, for a bottom-line gain of […]
Neocis raises $30m for Yomi robot-assisted dental surgery device
Neocis yesterday said it pulled down $30 million for the Yomi robotic guidance system for dental implant procedures it developed. Miami-based Neocis, which won 510(k) clearance from the FDA for Yomi in 2017, said it plans to use the proceeds on commercialization and R&D. Existing investors, including Mithril Capital Management, backed the round, joined by […]
Teleflex touts large real-world UroLift study
Teleflex (NYSE:TFX) yesterday touted results from a real-world study of its UroLift system for treating prostate disease. The UroLift implant is designed to treat lower urinary tract symptoms from benign prostatic hyperplasia. Wayne, Pa.-based Teleflex paid $1 billion to acquire NeoTract, which developed UroLift, in October 2017. The 1,413-patient retrospective study was designed to evaluate UroLift’s […]
Hillrom deals surgical consumables biz to Audax for $170m
Hillrom (NYSE:HRC) said today that it inked a deal to sell its surgical consumables business to private equity shop Audax for $170 million in cash. Chicago-based Hillrom, fresh from a May rebranding, said the lines being sold to Audax include its Bard-Parker scalpels and blades and other operating room accessories. The surgical consumable unit’s 500 […]
Activ Surgical raises $13m
Activ Surgical has raised nearly $13 million as the company continues development of its Smart Tissue Autonomous Robot (STAR). The Boston-based company has been seeking nearly $19 million in the money-raise, according to a Form D filed with the U.S. Securities and Exchange Commission on July 1. Founded in 2017, Activ’s initial technology is STAR. […]
ITC takes up Johnson & Johnson complaint against Intuitive Surgical
The U.S. International Trade Commission this week voted to launch an investigation into Johnson & Johnson (NYSE:JNJ) subsidiary Ethicon‘s complaint that Intuitive Surgical (NSDQ:ISRG) is importing surgical stapler cartridges from Mexico that allegedly infringe a quintet of Ethicon patents. In a complaint filed with the ITC May 30, Ethicon accused Intuitive’s EndoWrist and SureForm endocutters of infringing five […]
Critical Innovations receives breakthrough device designation for FOAM device
Critical Innovations received breakthrough device designation from the FDA for its Fast Onset Abdominal Management (FOAM) device. The device is designed to deliver quick-expanding foam to tamponade severe internal bleeding in trauma patients, according to the Inglewood, Calif.-based company. It controls severe bleeding in the abdomen when surgical intervention is not immediately available. Get the […]
CMS expands TAVR coverage
The Centers for Medicare and Medicaid Services have updated the criteria for hospitals and physicians to begin or continue providing transcatheter aortic valve replacement surgery. The decision gives hospitals and providers more flexibility to meet the CMS requirements for performing TAVR, the agency said Friday. The original National Coverage Determination (NCD) for TAVR procedures was cleared in […]
First patients implanted with Exactech’s non-cemented Truliant knee
Exactech (NSDQ:EXAC) today announced the successful first surgeries involving its Truliant Porous knee implant. Truliant Porous is a non-cemented implant system that Exactech said is designed for reproducibility and efficiency in total knee arthroplasty. Truliant Porous is designed to reduce micromotion and aid potential bony in-growth, according to the company. The system features a unique […]
J&J’s Ethicon wins clearance for devices to deliver Grifols surgical sealant
Johnson & Johnson’s Ethicon has won FDA clearance for airless spray devices to deliver Grifols’ fibrin sealant to stop surgical bleeding, the companies announced today. The Vistaseal fibrin sealant will be the first product Grifols (NSDQ:GRFS) is introducing with Johnson & Johnson (NYSE:JNJ) and Ethicon as part of a global partnership. Get the full story on our […]
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