Surgical robotics has been a hot topic within the medtech space, and it doesn’t seem like it’s stopping any time soon. Over the course of 2024, we’ve seen all kinds of stories across surgical robotics. From regulatory nods and product launches to recalls and warning letters, plus some M&A in between, the surgical robotics space […]
Auris Health
Report: Judge says Johnson & Johnson must pay Auris shareholders $1B in damages
A Delaware judge ruled that Johnson & Johnson must pay $1 billion in damages to Auris Health shareholders, according to media reports. Reuters, Bloomberg Law, and others report that the ruling claims that J&J breached its agreement to acquire Auris, which went through for $3.4 billion in February 2019. The deal also included up to […]
Avail Medsystems tech sold to robotics startup founded by former Auris leaders
Medical robotics startup Mendaera has purchased the technology of Avail Medsystems and hired some of its employees, Mendaera co-founder and CEO Josh DeFonzo said in an exclusive interview. The deal includes “substantially all” of Avail’s assets, said DeFonzo, who offered new details on his company’s objectives as it exits stealth mode. He declined to disclose […]
