Creo Medical Group (LON: CREO) announced today that it has signed a multi-year collaboration agreement with Intuitive to make certain Creo surgical technologies compatible with the surgical robotic giant’s systems. The London exchange reacted by sending CREO shares up more than 4% to 100 pence apiece by the close of trading today. As of midday […]
robot-assisted
New FDA clearance expands indications for Xact Robotics’ ablation system
Xact Robotics announced today that it received FDA clearance for a modification to its Xact Ace robotic system for ablation procedures. Hingham, Massachusetts-based Xact Robotics’ FDA clearance allows for a modification to the already-cleared Xact Ace system, expanding the indication for CT-guided percutaneous procedures for the system designed to support robotic insertion and steering of […]
Titan Medical inks a $2.6M purchase order from Medtronic
Robotic-assisted surgery company Titan Medical (Nasdaq: TMDI; TSX: TMD) is deepening its relationship with Medtronic (NYSE:MDT), securing a $2.6 million purchase order from the medtech giant. The purchase order news comes more than three months after Titan Medical completed a development and licensing agreement with Medtronic that brought in a net $8.3 million, helping the […]
FDA clears J&J’s Ethicon’s Monarch surgical robot for urology procedures
Johnson & Johnson MedTech (NYSE:JNJ) company Ethicon announced today that its Monarch robotic surgery platform received FDA 510(k) clearance. Ethicon’s Auris Health subsidiary received the FDA clearance for Monarch for endourological procedures. Company officials say it’s now the first and only multispecialty, flexible robotic solution for use in both bronchoscopy and urology. The company said […]
Intuitive eyes sole-source suppliers as it expands capacity
Top executives at Intuitive Surgical (Nasdaq: ISRG) have sole-source suppliers on their minds as they ramp up manufacturing capacity in the face of continued supply chain challenges. The robotic surgery technology developer’s growth and mindfulness of supply chain resiliency could bring new opportunities for Intuitive’s suppliers — along with competition from others who want in. […]
FDA clears Quantum Surgical’s robot-assisted tumor ablation tech
Quantum Surgical announced today that it received FDA 510(k) clearance for its Epione interventional oncology robotics platform. Montpellier, France–based Quantum Surgical designed the robot-assisted Epione system to plan, target, deliver and confirm tumor ablation in minimally invasive liver cancer treatment. According to a news release, Epione enables clinicians to perform safe and effective percutaneous tumor […]
AiM Medical Robotics raises $3.4M
MRI-compatible intraoperative robotics developer AiM Medical Robotics announced today that it raised $3.4 million in a seed funding round. Fort Lauderdale, Florida–based AiM Medical Robotics designed its robotic platform to be cost-efficient, streamlined and differentiated in its ability to improve outcomes for those undergoing neurosurgery for functional brain disorders such as Parkinson’s and epilepsy, as […]
Zeta Surgical raises $5.2M for robotic surgery platform
Surgical robotics and mixed reality company Zeta Surgical announced today that it closed a $5.2 million financing round. Boston-based Zeta Surgical’s financing round was led by Innospark Ventures, with participation from TSVC, Y Combinator, Trevor Fetter and more. The company said in a news release that it will use the funds to finalize the development […]
Stereotaxis opens new headquarters in St. Louis
Surgical robotics company Stereotaxis (NYSE: STXS) is holding a grand opening today for its 45,000 ft² headquarters facility in downtown St. Louis. The new headquarters is located in the renovated historic Globe Building in St. Louis’s growing Downtown North Urban Insight District. It’s an all-in-one facility housing research and development, advanced manufacturing, and distribution space […]
Asensus Surgical dips as revenues fall short of Wall Street expectations
Asensus Surgical (NYSE:ASXC) shares slid today on fourth-quarter results that missed the consensus sales forecast. The Research Triangle Park, North Carolina-based surgical robotics company posted losses of $15.9 million, or 7¢ per share, on sales of $2.1 million for the three months ended Dec. 31, 2021, for a slight bottom-line further into the red despite […]
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 […]
