Surgical robotics remains a hot area in medtech — even as it faces headwinds from the COVID-19 pandemic. Intuitive Surgical (NSDQ:ISRG) pioneered robotic surgery through the early 2000s and remains the dominant player, but major companies including Medtronic (NYSE:MDT) and Johnson & Johnson (NYSE:JNJ) have big plans to enter the space and compete. Meanwhile, Stryker (NYSE:SYK) has built a […]
DTW Podcast: 3 lessons learned from Leslie Trigg, CEO of Outset Medical
Outset Medical (NSDQ:OM) CEO Leslie Trigg took the helm at the dialysis start-up in 2013, moving from an executive-in-residence post at private equity firm Warburg Pincus. Before that she held senior positions at Lutonix, AccessClosure and FoxHollow, helping to position those companies to be acquired by CR Bard, Cardinal Health, and ev3/Covidien, respectively. This week, […]
Smith + Nephew warns on suture-based repair systems
Smith + Nephew (NYSE:SNN) issued an urgent field safety notice to warn of issues with multiple suture-based repair systems. The safety notice said that the company identified a manufacturing issue in the product packaging process that could result in an improper or incomplete seal of the pouch surrounding the sterile product. If that happens, it could […]
Smith+Nephew sees new way into the OR
Smith+Nephew (NYSE:SNN) sales representatives and consulting surgeons will have a direct new, albeit electronic path, into operating rooms. The London-based medical device maker signed a deal with Avail Medsystems, a startup that’s bringing a high-level telecommunication system to operating rooms and surgery centers. The Avail system includes a self-standing unit equipped with a camera and […]
Smith + Nephew launches Novostitch Pro meniscal repair system
Smith + Nephew (NYSE:SNN) announced today that it launched the Novostitch Pro meniscal repair system after winning CE Mark approval. London-based Smith + Nephew is launching the Novostitch Pro in Europe to expand meniscal repair options where the only previous option was removal, according to a news release. The system repairs meniscal tears and closes the […]
Smith & Nephew is using vibrating bracelets to encourage social distancing
Smith & Nephew (NYSE:SNN) is utilizing devices made by Tharsus to help with social distancing as the company returns to the office. A report in The Telegraph outlines how the London-based medtech company is being providing vibrating bracelets from Blythe, England-based Tharsus to keep the six-foot (two-meter) distance widely recommended for preventing the spread of COVID-19. Get the full story […]
Smith+Nephew Launches Aria care management platform
Smith & Nephew (NYSE:SNN) announced today that it launched its ARIA digital platform for connecting patient care delivery with providers. Aria is designed to help clinicians shorten a patient’s post-acute recovery time, develop efficiencies that reduce costs and generate key patient-reported outcome measures, according to a news release. London-based Smith & Nephew’s platform is powered by […]
DTW Podcast: 10 ways medtech is finding its footing amid COVID-19
When COVID-19 set upon the U.S. in March, medtech executives had a month at most to tell Wall Street analysts how the pandemic had hit the industry’s largest companies. We heard about short-term hits in revenues, procedures and employee headcounts, but uncertainty clearly ruled the day. Over the past few weeks, medtech executives from several […]
MedTech 100 roundup: Industry hits another mid-pandemic high
Despite a minor regression week-over-week, the medtech industry’s stocks hit another milestone as the COVID-19 rebound remains in progress. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — sat at 89.01 points at the end of last week (July 31). Overall, medtech stocks saw a -0.3% increase from the […]
Smith+Nephew launches total hip arthroplasty system
Smith+Nephew (NYSE:SNN) today said it launched its RI Hip Navigation system for total hip arthroplasty. The technology is designed to maximize accuracy and reproducibility to deliver patient-specific component alignment for surgeons when assessing individual total hip arthroplasty cases. RI Hip Navigation helps surgeons take control of a patient’s pelvic tilt, leg length and offset measurement. It […]
Smith+Nephew launches next-gen surgical robotics system
Competition continues to heat up in the robotic orthopedic surgery space, with Smith+Nephew (LON:SN) today announcing the launch of its next-gen Cori surgical system. Cleared by FDA and available for both total and unicompartmental knee arthroplasty, the handheld Cori robotics platform is meant to be faster than S+N’s previous Navio system. On top of Cori, […]
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