MedTech Industry Dynamics
MedTech Industry Dynamics
Distalmotion has entered into a senior secured term loan facility of up to $70 million with Perceptive Advisors, providing capital to support continued penetration of the U.S. ambulatory surgery center (ASC) market and further development of the DEXTER Robotic Surgery System and its instrument portfolio.
Read MorePauls Stradiņš Clinical University Hospital in Riga has installed the Genesis Robotic Magnetic Navigation System, establishing Latvia’s first robotic program for the treatment of cardiac arrhythmia and successfully treating initial patients with a broad range of arrhythmia.
Read MoreZimmer Biomet and THINK Surgical have announced a multi-year extension of their Limited Exclusive Distribution and Supply Agreement, continuing Zimmer Biomet’s distribution of an exclusive version of the wireless, handheld TMINI Miniature Robotic System compatible with the Persona Knee System.
Read MoreStryker has announced a strategic alliance with CMR Surgical, including an approximately $400 million preferred equity investment, an exclusive option to acquire CMR Surgical in the future, and an exclusive U.S. sales agency agreement for the Versius Surgical Robotic portfolio.
Read MoreMMI has raised $125 million in Series D financing led by BioStar Capital to support commercial expansion of the Symani Surgical System, expand patient access, and advance clinical evidence needed to broaden the role of robotic microsurgery worldwide.
Read MoreMendaera’s Focalist system is now commercially available with Butterfly Network’s Ultrasound-on-Chip imaging technology, marking the first Butterfly Embedded partner technology to reach the market and advancing software-defined imaging for robotic intervention.
Read MoreIntuitive has received CE mark approval for its da Vinci 5 surgical system in adult cardiac surgery in Europe, including thoracoscopically-assisted cardiotomy and minimally invasive coronary artery bypass procedures, marking the company’s re-entry into robotic-assisted cardiac surgery in the region.
Read MoreCornerstone Robotics has announced a strategic partnership with Medtronic, including a $700 million investment and distribution rights for the Sentire surgical system in select markets outside the U.S., aiming to expand global access to robotic-assisted surgery.
Read MorePhilips has received an up to $33.7 million award from ARPA-H to develop AI-enabled robotic procedure automation for stroke care, working with Johns Hopkins University and Boston University to expand access to specialized endovascular interventions.
Read MoreSiemens Healthineers has been awarded up to $31.1 million by ARPA-H to advance autonomous remote endovascular robotics for acute ischemic stroke treatment, with the goal of enabling long-distance mechanical thrombectomy without direct human input.
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