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 […]
robot-assisted
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 […]
Johns Hopkins-led team’s robot performs laparoscopic surgery without human help
A Johns Hopkins University research team has created a robot that can perform laparoscopic surgery on a pig’s soft tissue without a human being’s aid. The researchers described their latest advance with their Smart Tissue Autonomous Robot (STAR) in the January 26 issue of Science Robotics. “Our findings show that we can automate one of the most […]
Medtronic performs first procedure with Hugo surgical robot in Europe
Medtronic (NYSE:MDT) announced today that it performed the first clinical procedure in Europe with its Hugo robotic-assisted surgery system. Dr. Alexandre Mottrie, head of urology at OLV Hospital in Aalst, Belgium, performed the robotic prostatectomy. (Mottrie is also and CEO and founder of the Belgium-based ORSI Academy for training, R&D and data analysis for improving […]
Smith+Nephew adds total hip arthroplasty to Cori surgical robot
Smith+Nephew (NYSE:SNN) today announced that it has expanded the indications on its Cori Surgical System to include total hip arthroplasty. The London-based company previously designed the handheld robotic system for total knee arthroplasty. The new indication with RI.Hip Navigation could help maximize accuracy and reproducibility by delivering patient-specific component alignment to THA, according to the company. […]
Titan Medical receives final milestone payment from Medtronic
Titan Medical (TSX:TMD;OTC:TITFX) announced today that it received the final milestone payment under an agreement with Medtronic (NYSE:MDT). Toronto-based Titan Medical confirmed the completion of the final milestone under a development and license agreement on Jan. 4. It also announced today that the senior secured loan from Medtronic as part of the agreement has been retired. […]
Distalmotion closes $90M Series E financing to support its Dexter surgical robot
Surgical robot maker Distalmotion announced today that it closed a Series E financing round worth proceeds of $90 million. Revival Healthcare Capital led the round, with participation from 415 Capital and existing investors. According to a news release, Lausanne, Switzerland–based Distalmotion intends to use the funding to support the global commercialization of its Dexter surgical […]
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 […]
Design patents can provide extra protection for medical robots
Filing design patents can protect a medical robot’s overall aesthetic and the software user interface. Roman Fayerberg, Todd C. Basile and David J. Dykeman, Greenberg Traurig Medical robotics companies often emphasize utility patents when building strategic patent portfolios, given the complex nature of robotics technology. However, don’t overlook design patents, which provide another layer of […]
The top 5 medtech news stories of 2021
The past year saw significant changes in the medtech space. Our editorial team picked their top stories. The lingering COVID-19 pandemic was top of mind in 2021, but there was much more going on in the medical device industry. The Life Sciences editorial team here at WTWH Media discussed their top picks during the December […]