A Delaware judge has denied Johnson & Johnson’s motions to dismiss a fraud lawsuit filed by former shareholders of Auris Health, who alleged that J&J executives misrepresented their intentions for the robotic surgery company when they acquired it for $3.4 billion in 2019. Acting as the representative of the former Auris shareholders, Fortis Advisors sued […]
robot-assisted
Intuitive wins FDA clearance for robotic stapler
Intuitive (NSDQ:ISRG) announced today that it received FDA clearance for its SureForm stapler and reloads for use in surgery. Sunnyvale, California–based Intuitive said the fully wristed, 8 mm SureForm 30 curved-tip stapler and reloads (gray, white and blue) are for use in general, thoracic, gynecologic, urologic and pediatric surgery. It aims to help surgeons better […]
Virtual Incision raises $46M for its miniaturized robotic platform
Virtual Incision announced today that it raised $46 million in a Series C round to support its miniaturized robots for laparoscopic surgery. The company — based in Lincoln, Nebraska and Pleasanton, California — said the money will fund regulatory and clinical programs supporting the eventual commercialization of its MIRA (miniaturized in vivo robotic assistant) surgical […]
Smith+Nephew expands reach of its Cori handheld robotic system
A year after Smith+Nephew (NYSE:SNN) launched its Cori handheld robotic system in the U.S., the ortho surgery system has launched globally. The British medtech giant has expanded Cori’s reach to Europe, Australia and New Zealand, India, and Canada (just announced today). The company yesterday said the system was now available for use in the U.K.’s […]
Vicarious Surgical details its regulatory plans with FDA
Vicarious Surgical (NYSE:RBOT) announced in its quarterly earnings report that it set its FDA regulatory process in motion with a pre-submission. CEO Adam Sachs said in a news release that the robotic surgery technology developer, which just completed its first quarter as a publicly-traded company, filed a “detailed regulatory plan” in the form of a […]
Monteris Medical scores reimbursement win with Cigna
Monteris Medical announced today that Cigna released a national coverage policy supporting the use of its laser ablation therapy. The medical coverage policy considers Minnetonka, Minnesota-based Monteris’ robot-assisted, MR-guided laser interstitial thermal therapy (LITT or laser ablation) medically necessary to treat drug-resistant epilepsy and symptomatic brain tumors and radiation necrosis. According to a news release, […]
Medtronic launches Mazor X in Canada
Medtronic Canada this week announced that it has commercially launched its Mazor X system for robotic-guided spine surgery in Canada. Mazor is the first dedicated robotic-assisted spine surgery platform to be launched in Canada, according to the Fridley, Minnesota–based medtech giant. “The integration of navigation and robotic technologies into one platform is an exciting advancement […]
European approval ‘a big deal’ as Medtronic moves forward with Hugo surgical robot
There’s excitement at Medtronic after the Hugo robotic surgery platform hit a major regulatory milestone. In 2012, Covidien formed an incubator called “Project Einstein,” focusing on combining robotic technology, data and analytics. What could they create? About nine years later, the product that emerged from Project Einstein made a significant step forward when the Hugo […]
Intuitive Surgical highlights supply chain risk, addresses Medtronic’s Hugo launch
Intuitive Surgical executives today said delays and price increases are working their way through the medtech supply chain, likely resulting in higher production costs in the months ahead and the potential for delayed development and regulatory activity. “I don’t think I can say it’s getting better. it’s a difficult situation and will continue for some […]
Intuitive Surgical names new C-suite leaders, reports Street-beating Q3
Intuitive Surgical (NSDQ:ISRG) today announced changes in the ranks of its senior leadership as the surgical robotics maker released Q3 results that exceeded expectations. Sunnyvale, California-based Intuitive launched two new functional organizations — Strategy and Growth, and Global Business Services — and named leaders who will take over effective Jan. 1. Get the full story […]
Medtronic’s Hugo team ‘waiting for the phone call’ for approval in Europe
It sounds like European approval of Medtronic’s soft tissue robotically-assisted surgery system, Hugo, could come any day now. “We’re sitting at the tip of our chair waiting for the phone call that the product will be approved,” Medtronic EVP and EMEA President Rob ten Hoedt said Friday. Fridley, Minnesota-based Medtronic (NYSE:MDT) filed for European approval in […]