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Auris Surgical Robotics

Johnson & Johnson must face former Auris Health shareholders’ fraud lawsuit

December 15, 2021 By Chris Newmarker

A Delaware judge has denied Johnson & Johnson’s motions to dismiss a fraud lawsuit filed by former shareholders of Auris Health, who alleged that J&J executives misrepresented their intentions for the robotic surgery company when they acquired it for $3.4 billion in 2019. Acting as the representative of the former Auris shareholders, Fortis Advisors sued […]

Filed Under: Business/Financial News, Featured, Legal News, News Well, Robotics, Surgical Tagged With: Auris Surgical Robotics, Ethicon, Johnson & Johnson, robot-assisted, surgical robotics

J&J’s Gorsky to step down as CEO

August 19, 2021 By Tom Salemi

Citing “family health reasons,” Johnson & Johnson’s Alex Gorsky will hand the CEO role over to Joaquin Duato, current vice-chair of the company’s executive committee, at the start of the new year. Gorsky oversaw a near-decade of significant growth at the medtech and pharma giant. His tenure ultimately will be capped off by Johnson & […]

Filed Under: Blog, Business/Financial News, Featured Tagged With: Auris Surgical Robotics, Johnson & Johnson, Personnel Moves

Asensus Surgical reports mixed Q2 results

August 6, 2021 By Chris Newmarker

Asensus Surgical (NYSE American: ASXC) reported second-quarter results that beat the Wall Street earnings consensus forecast but missed on revenue. The Research Triangle Park, N.C.–based surgical robotics company reported a loss of –$13.2 million, or –6¢ per common share, off revenue of $1.1 million for the quarter ended June 30, 2021 — versus a loss […]

Filed Under: Business/Financial News, MassDevice Earnings Roundup, Robotics, Surgical, Wall Street Beat Tagged With: Asensus Surgical, Auris Surgical Robotics, robot-assisted

These medtech companies raised the most VC last year

January 19, 2018 By Danielle Kirsh

Perhaps there’s a ray of hope that venture capital funding is recovering a bit for the medical device industry. VC firms invested more than $2.8 billion in 2017, an increase of more than $647 million from 2016, according to the MoneyTree Report from PricewaterhouseCoopers (PwC) and CB Insights. There were a total 229 deals involving […]

Filed Under: Cardiovascular, Digital Health, Funding Roundup, Hospital Care, Implants Tagged With: Auris Surgical Robotics, Cereve, EarLens, Ebb Therapeutics, EBR Systems Inc., Epix Therapeutics (formerly Advanced Cardiac Therapeutics), Fractyl Laboratories, immusant, MedTech, Moximed, NeuroPace, Outset Medical, Pulmonx, Respicardia, rxsight, Silk Road Medical Inc., venture capital, VertiFlex Inc., Xenex

Report: Q3 2017 Healthcare VC funding steady, digital health deals drop

January 10, 2018 By Fink Densford

Venture Capital funding in the healthcare sector during the third quarter of 2017 stayed mostly in line with the previous quarter while digital health deals saw a significant drop, according to a PricewaterhouseCoopers and CB Insights MoneyTree report. VC funding during the third quarter of 2017 was directly in line with the previous quarter, but […]

Filed Under: Business/Financial News, Wall Street Beat Tagged With: Auris Surgical Robotics, CB Insights, PricewaterhouseCoopers (PwC)

Auris Surgical reels in $280m in stealthy Series D round

August 4, 2017 By Fink Densford

Auris Surgical Robotics has stealthily raised a massive $280 million in a Series D round of financing, according to the company’s website and an SEC filing posted today. Money in the round came from 39 investors, led by newly invested Coatue Management and joined by Mithril, Lux Capital and Highland Capital Partners, according to the […]

Filed Under: Business/Financial News, Robotics Tagged With: Auris Surgical Robotics

Robotic surgery: Here’s everything you need to know

May 17, 2017 By Chris Newmarker

[<a href=”//storify.com/MedTechDaily/getting-started” target=”_blank”>View the story “Robotic surgery: Here’s everything you need to know” on Storify</a>]

Filed Under: News Well, Robotics Tagged With: Auris Surgical Robotics, CMR Surgical, Corindus Vascular Robotics, Intuitive Surgical, mazorrobotics, Medrobotics, Robotic Surgery, surgical robotics, Verb Surgical

Auris Surgical Robotics closes $80m Hansen Medical buy

July 28, 2016 By Fink Densford

Hansen Medical (NSDQ:HNSN) said today it completed its $80 million merger with Auris Surgical Robotics, which won approval from shareholders last week. Through the merger agreement, Auris paid $4 per share in cash, which the company said is approximately 39.9% over the closing sale price of the common stock of Hansen Medical as reported in April. […]

Filed Under: Business/Financial News, Mergers & Acquisitions, Robotics Tagged With: Auris Surgical Robotics, Hansen Medical Inc.

FDA clears Ares robot-assisted bronchoscopy device from Auris Surgical Robotics

June 8, 2016 By Brad Perriello

The FDA last month granted 510(k) clearance to the Ares robot-assisted bronchoscopy platform developed by stealthy Auris Surgical Robotics. San Carlos, Calif.-based Auris was co-founded by medical robotics pioneer Dr. Frederic Moll, who’s behind a slew of other startups in the space, including market leader Intuitive Surgical (NSDQ:ISRG); Mako Surgical, acquired in 2013 for $1.7 billion by Stryker (NYSE:SYK); Restoration Robotics and […]

Filed Under: Food & Drug Administration (FDA), Regulatory/Compliance, Respiratory, Robotics Tagged With: Auris Surgical Robotics

Robotic surgery mix-up: Moll’s Auris buys Hansen Medical

April 20, 2016 By Fink Densford

Stealthy robotics-company Auris Surgical Robotics is mixing up the robotic surgery game, saying today it signed a deal to pick up Hansen Medical (NSDQ:HNSN) for approximately $80 million. Through the merger agreement, Auris will pay $4 per share in cash, which the company says is approximately 39.9% over the closing sale price of the common stock of […]

Filed Under: Business/Financial News, Mergers & Acquisitions, Robotics Tagged With: Auris Surgical Robotics, Hansen Medical Inc.

Analyst: Medtronic most likely to challenge Intuitive Surgical in robot-assisted surgery

March 18, 2016 By Brad Perriello

Medtronic (NYSE:MDT) is the most likely rival to Intuitive Surgical‘s (NSDQ:ISRG) dominance in the robot-assisted surgery space, but is still at least a year away from putting a competing device on the market, according to 1 analyst covering the medical device industry. Sunnyvale, Calif.-based Intuitive has a long lead, having had its flagship da Vinci system since 2000 and is […]

Filed Under: Robotics, Wall Street Beat Tagged With: Alphabet (Google), Auris Surgical Robotics, Corindus Vascular Robotics, Hansen Medical Inc., Intuitive Surgical, Johnson and Johnson, Medtech SA, Medtronic, Smith & Nephew, Stereotaxis, Stryker, titanmedical, TransEnterix, Verb Surgical, Verily, Virtual Incision Corp.

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