Asensus Surgical (NYSE:ASXC) announced today that it entered into a memorandum of understanding with Karl Storz VentureONE. Karl Storz VentureOne is a wholly-owned subsidiary of Karl Storz SE, a maker of endoscopes and other medical instruments and devices. The family-owned company closely collaborates with surgeons and healthcare partners around the globe on technologies for minimally invasive […]
surgical robotics
Vicarious Surgical cuts 14% of its workforce
Vicarious Surgical (NYSE:RBOT) announced layoffs to reduce cash burn and boost R&D spending at the surgical robotics company. CFO William Kelly told analysts yesterday evening that the present economic environment has Vicarious Surgical focusing on getting a quality robotic surgery system “out the door fast.” He said the company has reduced its workforce by 14%. […]
J&J’s Ethicon completes first robot-assisted kidney stone removal with Monarch platform
Ethicon, a Johnson & Johnson MedTech company, today announced the first robotic-assisted removal of kidney stones using the Monarch platform. Auris Health, an Ethicon subsidiary, received FDA clearance for Monarch for endourological procedures in May 2022. The University of California, Irvine’s UCI Health used the Monarch platform for urology to complete the first procedure. According […]
Ronovo Surgical unveils Carina surgical robot platform
Ronovo Surgical announced today that it closed a new round of financing, bringing its total funds raised to more than $50 million since 2020. Shanghai-based Ronovo develops broad, cross-specialty robotic-assisted surgery (RAS) technology. LongRiver Investments led the latest financing round. Existing investors Lilly Asia Ventures, Vivo Capital, Matrix Partners China and GGV Capital participated. CEC […]
Intuitive stock down amid next-gen robot disappointment
Intuitive Surgical (Nasdaq:ISRG) shares took a hit after an earnings call in which CEO Gary Guthart pushed back the timing of a potential next-gen surgical robotics multiport system. “As we start this year, we do not currently expect a new multiport system launch in 2023,” Guthart said in a call with analysts this evening. Later […]
Titan Medical meets with strategic buyers and investors as surgical robot developer considers its future
Titan Medical (Nasdaq:TMDI) met with potential buyers of the surgical robotics company this week in San Francisco. The Toronto-based medical device developer has been considering the best options for investors and the company’s Enos surgical robot. Facing delisting of its stock from the Nasdaq exchange due to its low price last year, Titan Medical announced […]
The top 10 medtech news trends of 2022
In this episode, your diligent team of DeviceTalkers assembled to review our top 10 medtech news trends. It’s our 2022 Newmarker’s Newsmakers! Executive Editor Chris Newmarker, Pharma Editor Brian Buntz, Managing Editor Jim Hammerand, Senior Editor Danielle Kirsh and Associate Editor Sean Whooley joined me, DeviceTalks Editorial Director Tom Salemi, for the latest DeviceTalks podcast. […]
Corindus rebrands as Siemens Healthineers Endovascular Robotics
Siemens Healthineers announced that its Corindus company rebranded to “Siemens Healthineers Endovascular Robotics.” In 2019, Siemens Healthineers bought out Corindus for $1.1 billion. Corindus develops the CorPath robot-assisted device for coronary and peripheral vascular procedures. According to a news release, brand unification represents “the final step” in the company integration process that began in 2019. […]
Titan Medical shelves its plan to avoid Nasdaq delisting
Titan Medical (Nasdaq:TMDI) is suspending a special meeting of shareholders that was supposed to vote on a share consolidation plan. Since announcing the plan for the Jan. 12 meeting, however, the surgical robotics company’s management has decided to instead begin a strategic review. A sale of the company is a possibility. Meanwhile, Titan has also […]
Moon Surgical wins first FDA 510(k) clearance for surgical robot
Moon Surgical announced today that it received FDA 510(k) clearance for its Maestro surgical robotics system. Paris- and San Francisco-based Moon Surgical designed Maestro to support surgeons in soft tissue surgical procedures. Think of it as a robotic surgical assistant. The small, adaptable system can integrate into existing clinical workflows. It features capabilities that bolster […]
Titan Medical to implement cost-cutting measures, furloughs 40 employees
Titan Medical (Nasdaq:TMDI) announced today that it plans to implement cost-cutting measures that include temporary furloughs. News of cost-cutting follows last week’s announcement that Titan plans to review and evaluate strategic alternatives. Toronto-based Titan develops single-access robotic-assisted surgery technology. It consulted with financial and legal advisors to determine that the review is in the company’s and […]