Inspire Medical Systems (NYSE:INSP) announced today that it appointed Dr. Myriam J. Curet as an independent board director. Curet’s appointment went into effect on Dec. 21, 2023. She currently serves as EVP and chief medical officer at surgical robotics pioneer Intuitive Surgical. Curet spoke to Medical Design & Outsourcing this year to explain the secret behind […]
Intuitive Surgical
Intuitive Ventures brings in $150M to support minimally invasive care startups
Intuitive Ventures announced today that it closed a $150 million funding round to support early-stage minimally invasive care companies. Surgical robotics pioneer Intuitive Surgical launched Intuitive Ventures with $100 million in funding more than three years ago. The early-stage fund earmarked its latest round of funding, labeled “Fund II,” for three areas of investment focus. […]
Intuitive appoints Align Technology exec to its board
Intuitive announced that it appointed Align Technology executive Sreelakshmi Kolli to its board of directors. Kolli currently serves as EVP and chief digital officer at Align, the maker of Invisalign clear aligners and other dental tech. Her appointment to Intuitive’s board of directors went into effect on Oct. 27, 2023. “Sree has deep expertise in applying technology to transform industries, enable business growth and […]
Intuitive leaders weigh in on GLP-1 drugs and surgical robotics procedures
Intuitive Surgical executives say they see benefits to their business from GLP-1 weight loss drugs, even if investors aren’t quite so sure. Intuitive’s stock slid in after-hours trading today after the company posted Q3 results that exceeded analysts’ expectations on profits but fell short on sales. Even if they had beat The Street on both […]
Intuitive stock drops on mixed Q3 financial results
Intuitive Surgical stock declined after the surgical robotics developer missed on revenue for the third quarter but beat analysts’ expectations on profit. Shares of ISRG dropped 8% to $251 in after-hours trading today when Intuitive released the results. (Update: The stock was down about 3% Friday morning, trading around $264.) MassDevice’s MedTech 100 Index — […]
How surgical robotics could take healthcare to the next level
At DeviceTalks West this week, we’ll explore the design, economics and broader opportunities for surgical robotics. Companies large and small have sought to take on Intuitive in soft-tissue surgical robotics, but it has maintained its dominance. During its second-quarter earnings call in July, Johnson & Johnson reported progress with its Ottava next-gen robotic surgery system, […]
How Intuitive plans to continue its surgical robotics leadership
Companies large and small have sought to take on Intuitive in soft-tissue surgical robotics, but it has maintained its dominance. Intuitive President Dave Rosa will explain how Intuitive plans to continue maintaining distance from its competitors — and much more, during DeviceTalks West next week. Register here for the event, which is Oct. 18–19 in […]
The biggest medtech personnel moves so far in 2023
More than halfway through 2023, we’ve seen plenty of movement in the personnel department across medtech. Last July, we broke down the biggest personnel moves in medtech so far in 2022. That was followed up by the full-year report in December. Through more than eight months, the changes atop medtech companies continue to arrive. Some […]
Intuitive stock dips despite Street-beating Q2, increased da Vinci volumes
Intuitive Surgical shares took a hit even though its second-quarter results topped the consensus forecast. Shares of ISRG fell more than 3% to $337.17 apiece by the afternoon today — the day after Intuitive released results. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — was up slightly. […]
Titan Medical licenses out most of its IP to Intuitive, CEO steps down
Titan Medical recently announced it entered into a licensing agreement with Intuitive Surgical and that the company’s CEO is resigning. Under the agreement, robotic-assisted surgery company Titan Medical has granted Intuitive a non-exclusive license to all of Titan’s IP, with the exception of the IP that is exclusively licensed to another party under a June […]
Intuitive Surgical announces executive changes
Intuitive Surgical (Nasdaq:ISRG) today announced executive leadership changes as it continues a global expansion effort. The Sunnyvale, California-based leader in surgical robotics promoted Dave Rosa to the role of president. Rosa now leads Intuitive’s product, digital, quality, regulatory, supply chain, manufacturing and commercial teams. “Our efforts over the past 27 years have created great opportunities […]