Veteran medtech executive Scott Huennekens is out as CEO of Verb Surgical, the robot-assisted surgery joint venture between Johnson & Johnson (NYSE:JNJ) and Google parent Alphabet (NSDQ:GOOGL), which today installed Kurt Azarbarzin in the corner office. Azarbarzin, himself a medical device industry longtimer, was co-founder & CEO of SurgiQuest until its 2016 acquisition by ConMed (NSDQ:CNMD), where he was named […]
Johnson & Johnson CEO Gorsky: Verb Surgical robotics program ‘on track’
Johnson & Johnson (NYSE:JNJ) executives yesterday said the company is “on track” with its Verb Surgical prototype robot-assisted surgery platform, with chairman & CEO Alex Gorsky labeling the healthcare giant’s approach with Alphabet‘s (NSDQ:GOOGL) Verily Life Sciences as “computerized surgery.” “We are quite excited about our computerized surgery program. Everything up to this point in time is on track. […]
Robotic surgery: Here’s everything you need to know
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DeviceTalks Q&A: Verb Surgical CEO Scott Huennekens
Few CEOs have been given the mandate Scott Huennekens was charged with as employee No. 1 at Verb Surgical, the robotics spinout backed by Google (NSDQ:GOOG) and Johnson & Johnson (NYSE:JNJ): Go forth and change the world. “Don’t worry about capital, don’t worry about funding,” Huennekens told MassDevice.com publisher Brian Johnson recently. “Just go out and change the world.” Many CEOs […]
J&J and Google’s Verb Surgical looks to define, lift robotic surgery
Robotic surgery units available on the market right now are not technically “robots,” according to Johnson & Johnson (NYSE:JNJ) worldwide medical devices chairman Gary Pruden. But Verb Surgical, J&J’s joint venture with Google parent Alphabet‘s (NSDQ:GOOGL) Verily Life Sciences, will be looking to produce a system that is truly robotic, and that will help improve surgical outcomes worldwide. According to […]
New crop of robots to vie for space in the operating room
(Reuters) – Even though many doctors see need for improvement, surgical robots are poised for big gains in operating rooms around the world. Within 5 years, 1 in 3 U.S. surgeries – more than double current levels – is expected to be performed with robotic systems, with surgeons sitting at computer consoles guiding mechanical arms. Companies developing new […]
Johnson & Johnson’s robotics unit Verb Surgical aims for end-of-year unveiling
Johnson & Johnson (NYSE:JNJ) expects its Verb Surgical robot-assisted surgery business to move from concept to product design by the end of the year, company officials said this week as they updated investors on their plans for the world’s largest medical device business. Gary Pruden, chairman of J&J’s $25.1 billion medical device division, said Verb Surgical expects to […]
Verb Surgical CEO Heunnekens says company is focusing on “digital surgery”
Verily and Johnson & Johnson‘s (NYSE:JNJ) collaborative business Verb Surgical looks to set the stage for a new style of robotic surgery, called “digital surgery,” according to an interview with CEO Scott Huennekens. Verb Surgical aims to develop a comprehensive surgical platform that incorporates “leading edge” robotic capabilities and medical technology for use in the operating room, […]
Analyst: Medtronic most likely to challenge Intuitive Surgical in robot-assisted surgery
Medtronic (NYSE:MDT) is the most likely rival to Intuitive Surgical‘s (NSDQ:ISRG) dominance in the robot-assisted surgery space, but is still at least a year away from putting a competing device on the market, according to 1 analyst covering the medical device industry. Sunnyvale, Calif.-based Intuitive has a long lead, having had its flagship da Vinci system since 2000 and is […]
TransEnterix surges on takeover speculation
TransEnterix (NYSE:TRXC) shares surged today on speculation that the robot-assisted surgery company could be acquired by Johnson & Johnson (NYSE:JNJ). Johnson & Johnson chairman & CEO Alex Gorsky said this week that the healthcare conglomerate stayed off the mergers & acquisitions trail last year because valuations were too high. That’s not the case this year, Gorsky […]
Intuitive Surgical CEO Guthart unfazed by upcoming competition
Gary Guthart, the longtime CEO of robot-assisted surgery pioneer Intuitive Surgical (NSDQ:ISRG), said yesterday that he’s confident Intuitive will be able to compete as smaller rivals begin hitting the market as early as this year and bigger players loom on the horizon. “We have known for years and have anticipated for years. We didn’t wake up yesterday […]
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