Moon Surgical announced today that it raised $55.4 million and appointed a surgical robotics veteran as the chair of its board. The French-American company develops the Maestro system to support surgeons in soft tissue surgical procedures. The platform acts as a robotic surgical assistant to augment the precision and control of laparoscopic surgery. Moon Surgical’s […]
Robotic Surgery
Intuitive Surgical announces executive changes
Intuitive Surgical (Nasdaq:ISRG) today announced executive leadership changes as it continues a global expansion effort. The Sunnyvale, California-based leader in surgical robotics promoted Dave Rosa to the role of president. Rosa now leads Intuitive’s product, digital, quality, regulatory, supply chain, manufacturing and commercial teams. “Our efforts over the past 27 years have created great opportunities […]
Johnson & Johnson MedTech: ‘Stay tuned’ for Ottava next-gen surgical robot
It’s been about two and a half years since Johnson & Johnson (NYSE:JNJ) unveiled its plans for a next-generation surgical robot. At the time, the six-armed “Ottava” system generated a lot of buzz. Johnson & Johnson shared details on the surgical robotic platform set to offer unrivaled flexibility and control compared to the rest of […]
Noah Medical reports positive data for surgical robot
Noah Medical today announced positive accuracy results from a study of its Galaxy System surgical robot platform. San Carlos, California-based Noah Medical designed Galaxy and its accessories to provide bronchoscopic visualization and access. These capabilities provide diagnostic and therapeutic procedures in patient airways. The system features advanced imaging technologies that provide real-time location updates for […]
Distalmotion brings in $150M as it seeks FDA nod for surgical robot
Distalmotion announced today that it closed a $150 million financing as it looks to bring its surgical robot to the U.S. market. Revival Healthcare Capital led the financing round. Distalmotion said in a news release that the funds reinforce the confidence of its existing investors. The company intends to use the funds raised to support […]
Intuitive stock pops on Street-beating Q1; da Vinci price increase coming
Intuitive Surgical posted first-quarter results that beat the consensus forecast on Wall Street. Investors reacted by sending ISRG up more than 12% to $303.58 apiece by midday trading today. The Sunnyvale, California–based surgical robotics developer yesterday evening reported profits of $355 million, or $1.oo per share, on sales of $1.7 billion for the three months […]
What’s on the horizon in surgical robotics?
While question marks remain over where medtech is going, the path for surgical robotics remains full of excitement. Medical technology has experienced a bit of a rocky period lately. Layoffs continue to hamper the space, and financial outlooks are a bit cloudy for some companies. However, there remains plenty to look forward to in the […]
Medtronic reveals more details on surgical business consolidation
Medtronic (NYSE:MDT) today confirmed the consolidation of its Surgical Robotics and Surgical Innovations operating units into a single Surgical operating unit and said it would not close its facilities in Colorado and Connecticut. MassDevice was the first to report the operating unit consolidation and promotion of former Surgical Robotics President Mike Marinaro to lead the […]
Medtronic combines surgical robotics and surgical innovations units
A senior Medtronic executive’s promotion is the latest piece of the puzzle as the world’s largest medical device company seeks significant expense reductions. Mike Marinaro, who became president of Medtronic’s Surgical Robotics operating unit one year ago, is now EVP and president of Medtronic’s Surgical operating unit. Fridley, Minnesota-based Medtronic (NYSE:MDT) didn’t announce the changes […]
Asensus secures pediatric indication for its robotic surgery system
Asensus Surgical announced today that FDA has cleared an expanded pediatric indication for its Senhance robotic surgery system. Research Triangle Park, North Carolina–based Asensus says Senhance is the first and only digital laparoscopic surgery solution for pediatric patients. During the company’s fourth-quarter earnings announcement early this month, it said it expected the pediatric indication this […]
FDA clears Remi robot from Accelus for use with most spine surgery imaging systems
Accelus announced that it received FDA 510(k) clearance for its Remi robotic navigation system for use with GE OEC 9900 C-Arm fluoroscopic imaging systems. Palm Beach Gardens, Florida–based Accelus designed Remi for robotic targeting and navigation. It assists surgeons with robotic-assisted pedicle screw placement in the lumbar spine. The system utilizes a near-field optical tracking […]