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surgical robotics

Stryker acquires OrthoSensor and its knee surgery sensor tech

January 5, 2021 By Chris Newmarker

Stryker (NYSE:SYK) announced today that it has bought privately-held OrthoSensor and its Verasense intraoperative sensor tech that could further enhance the ortho giant’s Mako robots. The financial terms of the deal were not disclosed. Stryker officials in a news release noted that Verasense since 2011 has proved itself to be a  unique knee balancing solution in […]

Filed Under: Business/Financial News, Digital Health, Featured, Mergers & Acquisitions, Orthopedics, Robotics, Surgical Tagged With: Orthosensor Inc., robot-assisted, Stryker, surgical robotics

BREAKING: Johnson & Johnson finally unveils its new robot-assisted surgery system

November 19, 2020 By Sean Whooley

Johnson & Johnson (NYSE:JNJ) today shared details on its surgical robotic platform that it says offers unrivaled flexibility and control compared to the rest of the market. The new system is designed with six arms to provide more control and flexibility in surgery, while its arms will be integrated into the operating table. Additionally, the platform […]

Filed Under: Business/Financial News, Diagnostics, Digital Health, Drug-Device Combinations, Endoscopic, Featured, Health Technology, Oncology, Regulatory/Compliance, Robotics, Software / IT, Surgical Tagged With: Johnson and Johnson, robot-assisted, surgical robotics

Intuitive Surgical up on mixed bag Q3

October 16, 2020 By Sean Whooley

Intuitive Surgical (NSDQ:ISRG) shares ticked slightly up today on third-quarter results that were mixed compared to the consensus forecast. The Sunnyvale, Calif.-based company posted profits of $313.9 million, or $2.60 per share, on sales of $630.6 million for the three months ended Sept. 30, 2020, for a massive bottom-line gain from $68 million in profits this […]

Filed Under: Business/Financial News, Featured, MassDevice Earnings Roundup, Robotics, Surgical, Wall Street Beat Tagged With: coronavirus, COVID-19, Intuitive Surgical, surgical robotics

Intuitive Surgical sales down more than a fifth in Q2

July 21, 2020 By Chris Newmarker

Intuitive Surgical (NSDQ:ISRG)  posted second-quarter results today that beat Wall Street expectations — but the results still showed how much the COVID-19 pandemic has damaged sales for surgical robotics companies. The Sunnyvale, Calif.-based robot-assisted surgery company — the dominant player in the space — reported profits of $68 million, or $0.57 per diluted share, on sales […]

Filed Under: Business/Financial News, Featured, Robotics, Surgical, Wall Street Beat Tagged With: Intuitive Surgical, robot-assisted, surgical robotics

Johnson & Johnson to take its time on general surgery robot

July 17, 2020 By Chris Newmarker

Johnson & Johnson (NYSE:JNJ)  has decided not to follow a 510(k) clearance pathway for its planned general surgery robot — with a goal to start first-in-human studies with the system by the second half of 2022. That was one of the major pieces of information to come out of the New Brunswick, N.J.–based company’s quarterly earnings […]

Filed Under: Business/Financial News, Featured, Food & Drug Administration (FDA), Regulatory/Compliance, Robotics, Surgical Tagged With: Johnson & Johnson, Johnson and Johnson, robot-assisted, surgical robotics

Smith+Nephew launches next-gen surgical robotics system

July 14, 2020 By Chris Newmarker

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, […]

Filed Under: Business/Financial News, Featured, News Well, Orthopedics, Robotics, Surgical Tagged With: robot-assisted, Smith & Nephew, Smith+Nephew, surgical robotics

Origami Surgical raises $2.2m for robotic suturing tech

April 13, 2020 By Sean Whooley

Origami Surgical last week filed an SEC Form D to confirm the sale of more than $2.2 million in an equity offering. The Madison, N.J.-based company, founded this year, filed a new notice for the sale of equity on March 23, 2020, with the intention of the offering lasting less than a year. According to […]

Filed Under: Business/Financial News, Featured, Funding Roundup, Robotics, Surgical Tagged With: Origami Surgical, robot-assisted, surgical robotics

Procept Biorobotics taps industry veteran as new CEO

February 10, 2020 By Chris Newmarker

Procept BioRobotics recently announced that Reza Zadno, former CEO of ophthalmology tech company Avedro, has taken over the corner office at Procept. Zadno has more than three decades of leadership in the medical device industry, with a track record of successfully leading young companies to acquisitions. The latest was Avedro, which Glaukos (NYSE:GKOS) acquired for an […]

Filed Under: Business/Financial News, Featured, News Well, Robotics, Surgical Tagged With: Avedro, Glaukos, Personnel Moves, Procept BioRobotics, prostate cancer, robot-assisted, surgical robotics

Avra Medical Robotics clears debt

February 4, 2020 By Sean Whooley

Avra Medical Robotics (OTC:AVMR) announced yesterday that it paid off almost all its external corporate debt, including accrued interest. The Orlando, Fla.–based company said it cleared its debt with the exception of loans from its CEO and a loan note for $25,000, which is due on Dec. 31, 2020. One note of $25,000 is being converted […]

Filed Under: Business/Financial News, Featured, Funding Roundup, Robotics, Surgical Tagged With: Avra Medical Robotics, surgical robotics, surgical robots

Titan Medical may put itself up for sale

February 3, 2020 By Nancy Crotti

Titan Medical (TSX:TMD) CEO David McNally told shareholders today that the company must raise $85 million to finish developing its Sport robot-assisted surgery device and file for FDA clearance. The Toronto-based medical device company is considering raising that money through equity or debt, licensing, merger or acquisition. Titan Medical lost nearly half its value in October […]

Filed Under: Business/Financial News, Featured, Funding Roundup, Robotics, Wall Street Beat Tagged With: Aspire Capital Fund LLC, robot-assisted, surgical robotics, Titan Medical Inc.

How GE Healthcare is investing in medtech innovation

December 2, 2019 By Chris Newmarker

GE Healthcare (NYSE:GE) appears to be taking the “throw it against the wall and see what sticks” approach when it comes to medtech innovation. GE’s Chicago-based healthcare subsidiary today announced a medtech 3D printing partnership with Formlabs (Somerville, Mass.). GE Healthcare also disclosed its participation in the recent $243 million Series C round of robot-assisted surgery […]

Filed Under: Business/Financial News, Featured, News Well, Research & Development, Robotics, Software / IT, Surgical Tagged With: 3D printing, artificial intelligence, CMR Surgical, Decisio Health, formlabs, GE Healthcare, robot-assisted, surgical robotics

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