Over the past few years, special purpose acquisition corporations (SPACs) have found their way into the medtech space. These businesses — built to bring private companies public — raise initial public offerings (IPOs). They then go and acquire existing companies, taking them public in the process. The value of these mergers varies, but some in […]
Memic Innovative Surgery
Memic Innovative Surgery is now Momentis Surgical
Memic Innovative Surgery announced today that it rebranded to become Momentis Surgical and changed the name of its proprietary technology. Tel Aviv, Israel-based Memic changed the name of its Hominis system for robotic-assisted transvaginal hysterectomy to the Anovo surgical system. Last week, the company announced that HCA Florida Kendall Hospital and The Women’s Hospital at […]
Memic completes first robotic-assisted transvaginal hysterectomy procedures with Hominis
Memic Innovative Surgery announced today that the first U.S. patient procedures were completed with its Hominis system for robotic-assisted transvaginal hysterectomy. HCA Florida Kendall Hospital and The Women’s Hospital at Jackson Memorial successfully completed the first U.S. patient procedures using Hominis, the first and only FDA-authorized surgical robot that features miniature humanoid-shaped arms, with shoulder, […]
Memic Innovative Surgery’s SPAC deal is off
Memic Innovative Surgery and the SPAC called MedTech Acquisition Corp. are calling off the merger that would have taken Memic public. The two companies said the decision was mutual — the result of market conditions and associated volatility due to recent world events. Memic is the developer of Hominis — the first FDA-approved, robotically assisted […]
Memic Innovative Surgery partners with VirtaMed to develop robotic surgery VR training
VirtaMed and Memic Innovative Surgery announced today that they will work together to develop virtual reality simulations for surgeons training on Memic’s Hominis surgical system. The FDA-authorized Hominis surgical robot features small humanoid-shaped arms that include shoulder, elbow and wrist joints to provide human-level dexterity and 360-degree articulation. The surgical robotics system has an indication […]
First U.S. facilities adopt Memic Innovative Surgery’s Hominis robotic surgery platform
Memic Innovative Surgery announced today that three U.S.-based facilities acquired the Hominis robot-assisted surgical system. HCA Florida Healthcare’s Kendall Regional Medical Center, Advent Health Celebration and The Women’s Hospital at Jackson Memorial all acquired the Hominis surgical system. Tel Aviv, Israel-based Memic’s Hominis system will now be used at the facilities in single-site, natural orifice […]
MedTech 100 roundup: Hot streak comes to slight halt
After several weeks of high-level performance, the medtech industry saw its first dip in a while over the last seven days. MassDevice‘s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — finished last week (Aug. 13) at 117.92 points, marking a –1.2% dip from the 119.41-point tally a week prior […]
Memic Innovative Surgery to go public via SPAC merger
Memic Innovative Surgery announced that it entered into a merger agreement with special purpose acquisition company MedTech Acquisition Corp. Tel Aviv, Israel-based Memic will operate under its current name upon the closing of the transaction, with Dr. Maurice R. Ferré — an independent director of MedTech and current chairman of Memic — will serve as […]
MedTech 100 roundup: More growth ahead?
A turgid month for the medtech industry might be drifting into the past after the past week indicated a slight turnaround as summer nears. MassDevice‘s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — finished the week at 107.74 points, marking a 1.4% rise from the 106.22-point mark set one […]
Memic may go public through merger with SPAC
Memic Innovative Surgery is reportedly eyeing a move to go public through a merger with SPAC MedTech Acquisition Corp. Bloomberg reported that people with knowledge of the matter say that Memic, which develops Hominis, the first FDA-approved, robotically assisted surgical device for performing transvaginal hysterectomy, is in talks over going public with the SPAC. A […]
Memic raises $96M to support surgical robot with humanoid-shaped arm
Memic Innovative Surgery announced today that it closed a $96 million Series D financing round. Tel Aviv, Israel-based Memic develops Hominis, the first FDA-approved robotically-assisted surgical device for performing transvaginal hysterectomy, with indication for performing benign hysterectomy with salpingo-oophorectomy. The FDA approved the Hominis system last month. Hominis is designed to remove the uterus using […]