The Robot Report

  • Research
  • Technologies
    • Batteries / Power Supplies
    • Cameras / Imaging / Vision
    • Controllers
    • Grippers / End Effectors
    • Microprocessors / SoCs
    • Motion Control
    • Sensors / Sensing Systems
    • Soft Robotics
    • Software / Simulation
  • Development
    • A.I. / Cognition
    • Human Robot Interaction / Haptics
    • Mobility / Navigation
  • Robots
    • AGVs
    • AMRs
    • Consumer
    • Collaborative Robots
    • Drones
    • Exoskeletons
    • Self-Driving Vehicles
    • Unmanned Maritime Systems
  • Markets
    • Agriculture
    • Defense / Security
    • Healthcare
    • Logistics
    • Manufacturing
    • Mining
  • Investments
  • Resources
    • COVID-19
    • Digital Issues
    • Publications
      • Collaborative Robotics Trends
      • Robotics Business Review
    • RBR50
    • Search Robotics Database
    • Videos
    • Webinars
  • Events
    • RoboBusiness Direct
    • Robotics Summit & Expo
    • Healthcare Robotics Engineering Forum
    • DeviceTalks
    • R&D 100
  • Podcast

CincyTech gets in on needle delivery dev Xact medical

By Fink Densford | March 8, 2017

CincyTech

Seed stage investor and venture developer CincyTech said today it has invested in Xact Medical, developers of the Fast Intelligent Needle Delivery device designed to aid in needle placement.

Israel-based Xact Medical’s FIND system is designed based on technology from the Cincinnati Children’s Hospital and Ben Gurion University in Israel, and uses robotics and ultrasound to guide a needle into the patient’s body.

“Cincinnati Children’s is increasingly a source of medical innovation and Xact Medical is the latest example. CincyTech is excited to again partner with Cincinnati Children’s and be on the ground floor of this promising company,” CincyTech life sciences director John Rice said in prepared remarks.

“The fact that up to a third of central line placement attempts in kids fail on the first try is unacceptable. This technology can drastically improve those results and improve outcomes for kids and adults,” Dr. Daniel von Allmen of Cincinnati Children’s Hospital said in a prepared statement.

The technology was developed from idea to prototype by Dr. von Allmen and Hugo Guterman of Ben Gurion University, according to CincyTech.

Xact Medical will focus initially on central line placements in pediatric and adult populations, with hopes to expand into additional markets such as biopsy. The company is currently testing its prototype and working towards FDA approval.

“FIND is bringing practical, affordable, point-of-care robotics to the patient’s bedside. I believe this technology has significant potential to improve patient outcomes while reducing costs to the healthcare system. We are confident that with the institutional and financial support currently in place, Xact can meet its short- and mid-term goals as we move toward commercialization,” CEO Andrew Cothrel said in a press release.

Tell Us What You Think! Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related Articles Read More >

Laser-steering microrobot aims to refine minimally invasive surgery
WeRide
China’s WeRide raises another $110M for autonomous vehicles
Boston Dynamics robots dancing
How Boston Dynamics’ robots learned to dance
Leadec Diversified Automation
Leadec acquires Diversified Automation to expand robotics play

Robotics Year in Review

The Robot Report Listing Database

Latest Robotics News

Robot Report Podcast

Teradyne’s acquisition strategy & the future of cobot

The Robot Report Podcast · Teradyne's acquisition strategy & the future of cobots

Sponsored Content

  • Doosan Robotics: Driving Innovation and Growth in Cobots
  • FORT Robotics Podcast: FORT Robotics on how to keep humans safe and in control of robots
  • Pallet Detection Systems Help Automated Forklifts Modernize Warehouse Operations
  • IES Servo Control Gripper
  • How to cut the cost of manufacturing

Tweets by RoboticTips

The Robot Report
  • Collaborative Robotics Trends
  • Field Robotics Forum
  • Healthcare Robotics Engineering Forum
  • RoboBusiness Event
  • Robotics Business Review
  • Robotics Summit & Expo
  • About The Robot Report
  • Subscribe
  • Advertising
  • Contact Us

Copyright © 2021 WTWH Media, LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media. Site Map | Privacy Policy | RSS

Search The Robot Report

  • Research
  • Technologies
    • Batteries / Power Supplies
    • Cameras / Imaging / Vision
    • Controllers
    • Grippers / End Effectors
    • Microprocessors / SoCs
    • Motion Control
    • Sensors / Sensing Systems
    • Soft Robotics
    • Software / Simulation
  • Development
    • A.I. / Cognition
    • Human Robot Interaction / Haptics
    • Mobility / Navigation
  • Robots
    • AGVs
    • AMRs
    • Consumer
    • Collaborative Robots
    • Drones
    • Exoskeletons
    • Self-Driving Vehicles
    • Unmanned Maritime Systems
  • Markets
    • Agriculture
    • Defense / Security
    • Healthcare
    • Logistics
    • Manufacturing
    • Mining
  • Investments
  • Resources
    • COVID-19
    • Digital Issues
    • Publications
      • Collaborative Robotics Trends
      • Robotics Business Review
    • RBR50
    • Search Robotics Database
    • Videos
    • Webinars
  • Events
    • RoboBusiness Direct
    • Robotics Summit & Expo
    • Healthcare Robotics Engineering Forum
    • DeviceTalks
    • R&D 100
  • Podcast