Intuitive Surgical (NSDQ:ISRG) shares hit a small skid this morning on second-quarter results that topped the consensus forecast. The Sunnyvale, Calif.–based robotic surgery company posted profits of $517.2 million, or $4.25 per share, on sales of $1.5 billion for the three months ended June 30, 2021, multiplying its bottom line by nearly seven times on […]
robot-assisted
MMI’s surgical robot saves person’s arm from amputation
Medical Microinstruments (MM() today said its Symani Surgical System was successful in a post-traumatic limb reconstruction procedure that saved a patient’s arm from amputation. Italy-based Medical Microinstruments designed the Symani system as a flexible platform with two robotic arms that can be easily positioned for surgical procedures across any anatomical region. Get the full story […]
Levita Magnetics announces first magnetic robot-assisted surgeries
Levita Magnetics announced today that it performed the first procedures with its robot-assisted surgical platform. Dr. Ignacio Robles used Menlo Park, Calif.–based Levita’s newest system, the Levita Robotic Platform, in a reduced-incision laparoscopic cholecystectomy (gallbladder removal). The procedure took place at Clínica INDISA in Santiago, Chile, as part of a clinical study of the platform. […]
NuVasive’s updated Pulse spinal surgery platform wins CE mark
NuVasive (NSDQ:NUVA) announced today that it received CE mark approval for the latest updates to its Pulse spinal surgical automation platform. San Diego–based NuVasive touts its Pulse system as a first-of-its-kind technology designed to integrate radiation reduction, imaging enhancement, rod bending, navigation, intraoperative neuromonitoring and spinal alignment tools into one platform. According to a news […]
CMR Surgical raises $600M to expand Versius robot commercialization
CMR Surgical has raised $600 million in a Series D financing round led by SoftBank Vision Fund 2 and co-led by Ally Bridge Group. The Cambridge, U.K.–based company said yesterday that it will use the money to boost the global commercialization of its Versius surgical robotic system, making keyhole surgery accessible to more people worldwide. […]
Interventional Systems wins FDA clearance for miniature surgical robot
Interventional Systems announced today that it received FDA 510(k) clearance for its Micromate robot for percutaneous procedures. Kitzbühel, Austria–based Interventional Systems developed Micromate as a table-mounted medical robot for interventional procedures, touting it as the world’s smallest robot for those of the percutaneous kind, according to a news release. Micromate uses a universal instrument guidance […]
Medtronic announces first clinical procedure with its Hugo robot
Medtronic (NYSE:MDT) announced today that it completed the first patient procedure with the Hugo robotic-assisted surgery system. Fridley, Minn.–based Medtronic said in a news release that urological surgeon Dr. Ruben Olivares performed the robotic prostatectomy on June 19 at Clínica Santa Maria in Santiago, Chile. The procedure marks the beginning of the Hugo RAS system […]
Titan Medical collects $10M milestone payment from Medtronic
Titan Medical (TSX:TMD;OTC:TITFX) announced today that it received another $10 million for licensing developed technologies to Medtronic (NYSE:MDT). Toronto-based Titan Medical completed the second technical milestone under the development and license agreement it made with Medtronic in June 2020. The company achieved the first milestone in the agreement in October 2020 by raising $18 million […]
Intuitive Surgical up on Street-beating Q1
Intuitive Surgical (NYSE:ISRG) stock rose nearly 10% today, a day after the company reported first-quarter results that handily beat Wall Street expectations. Baird upgraded Intuitive’s stock rating to outperform after the news yesterday evening, according to media reports. The Sunnyvale, Calif.–based robotic surgery company reported profits of $435.2 million, or $3.51 per share, on sales […]
FDA clears Zimmer Biomet partial knee system for its Rosa system
Zimmer Biomet today said it received FDA 510(k) clearance for its Rosa Partial Knee system for robotically-assisted partial knee replacement surgeries. Rosa Partial Knee is the latest addition to Zimmer Biomet’s Rosa Robotics platform, which includes the Rosa Knee system for total knee replacement surgery and Rosa One for neurosurgical and spine procedures. The Rosa […]
Vicarious Surgical to go public in $1.1B SPAC deal
Vicarious Surgical will go public through a $1.1 billion special purpose acquisition company (SPAC) deal, the robotic surgery pioneer announced today. Vicarious, which has sought to bring robotics and virtual reality to minimally invasive surgery, will trade on the New York Stock Exchange under the symbol RBOT after the merger with D8 Holdings. Hong Kong–based […]
