Having hit a downturn as the summer neared, the medtech industry is now consistently on the rise as June comes to a close. MassDevice‘s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — finished the week (June 25) at 113.42 points, producing a 2.5% rise from the 110.64-point mark set […]
Vicarious Surgical
Vicarious Surgical opens new corporate HQ in Massachusetts
Vicarious Surgical announced today that it established a new corporate headquarters in Waltham, Mass. The company, which seeks to bring robotics and virtual reality to minimally invasive surgery, said in a news release that the new headquarters will expand its core business functions and house approximately 250 employees. With what the company describes as a […]
MedTech 100 roundup: Industry skies to all-time high
The medtech industry hit a slight lull in the early stages of 2021 and, after signs of a rebound, it has soared beyond levels ever before seen. MassDevice‘s MedTech 100 Index had been building up steam in the month of April, rising from 102.16 points at the beginning of March all the way to 109.39 to […]
DTW Podcast: How is Zimmer Biomet waging the ortho data war? Do medical devices carry physics-based biases?
In this week’s DeviceTalks Weekly Podcast, Liane Teplitsky, vice president and general manager of worldwide robotics at Zimmer Biomet, shares her excitement for the burgeoning data business emerging in orthopedics. Teplitsky, an engineer who built her medtech career in cardiac R&D and sales at St. Jude and Abbott, walks us through the interconnected offerings of […]
Vicarious Surgical to go public in $1.1B SPAC deal
Vicarious Surgical will go public through a $1.1 billion special purpose acquisition company (SPAC) deal, the robotic surgery pioneer announced today. Vicarious, which has sought to bring robotics and virtual reality to minimally invasive surgery, will trade on the New York Stock Exchange under the symbol RBOT after the merger with D8 Holdings. Hong Kong–based […]
12 surgical robotics companies you need to know
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: Vizient on PPE, Vicarious on VR-aided robotics and let’s all hope for pumpernickel
This week’s episode of DeviceTalks Weekly is brought to you by the later V, as in Vizient and Vicarious Surgical. Bharat Sundaram, COO and president of Vizient, will share how the healthcare supplier is strengthening the supply of PPE for hospitals. He’ll also reveal when the company expects to see US hospitals running at pre-COVID […]
Vicarious Surgical raises $13.2M toward commercializing surgical robotics, VR
Vicarious Surgical Inc. last week announced that it has raised $13.2 million in funding. The Cambridge, Mass.-based company said the latest investment will help it develop and commercialize its product, which applies robotics and virtual reality to minimally invasive surgery. In 2014, Adam Sachs and Sammy Khalifa co-founded Vicarious Surgical along with Dr. Barry Greene, […]
Vicarious Surgical wins FDA breakthrough designation for surgical robot
Vicarious Surgical announced that it won FDA breakthrough device designation for its virtual reality-based robot-assisted surgical device. Charlestown, Mass.–based Vicarious has said its device for minimally invasive procedures “combines virtual reality with proprietary human-like surgical robotics to enable surgeons to perform minimally invasive surgery through a single micro-incision.” The company claims to have achieved “the […]
Vicarious Surgical raises $10m more
Vicarious Surgical has raised another $10 million for the virtual reality-augmented robot-assisted surgery platform it’s developing, according to an SEC filing. The latest round of funding follows on the heels of a nearly $17 million round announced in April 2018. Charlestown, Mass.-based Vicarious first reported a $2.4 million raise in January 2016 and another $800,000 in October of that […]
Vicarious Surgical comes out of stealth with $17m Series A for VR-based robot-assisted surgery device
Vicarious Surgical came out of stealth mode today by announcing a nearly $17 million Series A round for the virtual reality-augmented robot-assisted surgery platform it’s developing. Cambridge, Mass.-based Vicarious, which first reported a $2.4 million raise in January 2016 and another $800,000 in October of that year, opened the Series A round in January with a […]