Medtronic’s rollout of their Hugo robotics assisted surgical robot will be delayed due to supply-chain issues.
Medtronic’s Hugo robot surgical system receives CE approval
The CE mark covers urologic and gynecologic procedures, which make up approximately half of all robotic procedures performed today, according to the company.
Medtronic Hugo surgical robot completes first clinical procedure
The procedure marks the beginning of the Hugo system patient registry, which will collect clinical data as Medtronic seeks regulatory submissions.
‘New’ Medtronic the goal of CEO Geoff Martha’s plans for surgical robotics maker
Geoff Martha, the new CEO of Medtronic, this week outlined plans for the medical device maker to gain leadership in robot-assisted surgical systems and other healthcare technologies.
Titan Medical, Medtronic agree to cooperate on surgical robotics development
Titan Medical, which has been trying to raise money, and Medtronic, which has been looking to expand its surgical robotics offerings, have signed development, licensing, and loan agreements.
Phoenix Children’s Hospital to deploy Medtronic neurosurgery robot
Phoenix Children’s Hospital today announced it will be the first health system in the U.S. to receive and deploy the newly FDA-cleared Medtronic Stealth Autoguide platform to perform robotic neurosurgery on pediatric patients. The platform will be used with Medtronic’s StealthStation system at the Barrow Neurological Institute (BNI) at Phoenix Children’s, with procedures expected to…
Medtronic: Mazor X robots could fall on patients during surgery
Medtronic said today some of its Mazor X surgical robotic systems could detach and fall onto the OR table, potentially injuring a patient. The problem affects Mazor X systems with positioner Type II, the company said in an urgent field safety notice (PDF) issued in the U.K. It wasn’t immediately clear if the problem that causes…
Medtronic unveils modular robotic surgery system in development
Medtronic is taking advantage of its experience in medical device manufacturing and instrumentation in the development of its new modular robot-assisted surgical platform.
Medtronic offers hints about upcoming surgical robot
Medtronic, which has made no secret of its surgical robotics ambitions, partnered with visualization company Karl Storz SE & Co. as it works on its own robot-assisted surgery platform.
Q&A: Medtronic’s Dave Anderson on surgical robotics
Medtronic is betting robot-assisted surgery could be a game changer when it comes to spine surgeries. The company late last year closed on its $1.7 billion purchase of Mazor Robotics and its robot-assisted surgery platform for the spine. A month later, Medtronic launched its Mazor X Stealth robotic-assisted spinal surgical platform in the U.S. The…
Mazor Robotics acquired by Medtronic in $1.7B deal
Medtronic has closed the $1.7 billion acquisition of Mazor Robotics and its robot-assisted surgery platform. Medtronic capped the buyout with the announcement that its first jointly produced product won an FDA nod. Last month Caesarea, Israel-based Mazor said its shareholders voted to approve the $58.50-per-ADR-share deal with the world’s largest medical device maker, which has…
Mazor Robotics bought by Medtronic for $1.6B
Medtronic has owned since 2016 a $300 million stake (about 11%) in Mazor, which is widely regarded as a leader in robot-assisted spine surgery. By 2022, the global spinal surgical robotics market is expected to reach $2.77 billion. Mazor makes the Mazor X guidance system and the Renaissance robot-assisted spine surgery platform. Medtronic became the…
Medtronic, Mazor Robotics close $40m round
Mazor Robotics (NSDQ:MZOR) said today that closed the third, $40 million tranche of a deal with Medtronic (NYSE:MDT), which is due to take on exclusive global distribution rights for the Mazor X robot-assisted surgery device. It’s the third investment in the Israeli surgical robotics concern for Fridley, Minn.-based Medtronic, taking its total investment to $72 million, 10.6% stake in…
Medtronic puts another $40m into Mazor Robotics
Mazor Robotics (NSDQ:MZOR) said today that it’s accelerating a deal with Medtronic (NYSE:MDT), which is due to put another $40 million into Mazor and take on exclusive global distribution rights for the Mazor X robot-assisted surgery device. It’s the third investment in the Israeli surgical robotics concern for Fridley, Minn.-based Medtronic, taking its total investment to $72 million and…
Medtronic PLC
Titan Medical to begin strategic review, may explore sale
Titan Medical announced today that it plans to review and evaluate strategic alternatives to unlock shareholder value.
Titan Medical seeks share consolidation to retain public listing
Surgical robotics company described share consolidation as the last option to regain compliance with Nasdaq’s $1 per share minimum bid price requirement and retain its listing.
Ganymed Robotics brings in more than $21M in Series B funding
Ganymed Robotics’ technology platform acts as a co-manipulated robotic assistant for total knee arthroplasty.
Former Mazor Robotics VP accused of insider trading
Ron Tavlin allegedly informed a friend about Medtronic’s impending acquisition announcement of Mazor Robotics in 2018.
Moon Surgical raises $31.3M for robotic surgery system
Moon Surgical closed its Series A funding round with $31.3 million to accelerate the development of its Maestro robotic surgical system.
NVIDIA announces availability of Jetson AGX Orin Developer Kit
NVIDIA has over one million developers now deploying on Jetson with John Deere, Medtronic, Hyundai Robotics, Komatsu, Meituan among early adopters
Exotec raises $335M to scale ASRS technology
Exotec, a French company founded in 2015, is now valued at $2 billion.