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Vicarious Surgical shares start trading on NYSE

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Shares in Vicarious Surgical, a robotics technology company seeking to improve both cost and efficiency of surgical procedures as well as patient outcomes, have started trading on the New York Stock Exchange.

The shareholders of D8 Holdings Corp approved the move in September and the initiative is expected to provide approximately $220 million in gross proceeds to fund the further development and planned commercialization of the company’s single-incision surgical robot that virtually transports surgeons inside the patient to perform minimally invasive surgery.

Following the close of the transaction, the combined company will be renamed “Vicarious Surgical Inc”. [Read more…] about Vicarious Surgical shares start trading on NYSE

Activ Surgical completes first in-human procedures to demonstrate impact of its surgical intelligence and sensing platform

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Activ Surgical, a digital surgery company, has completed its first in-human surgery clinical trial utilizing the company’s technology-as-a-service bundle – the ActivInsights augmented reality-based software suite and the ActivSight imaging module.

Procedures for the study at The University of Texas Health Science Center at Houston (UTHealth Houston) were led by Dr Erik Wilson, professor in the Department of Surgery at McGovern Medical School at UTHealth and a leading bariatric, endoluminal and robotic general surgeon; and Dr Shinil Shah, associate professor at UTHealth Houston and a preeminent general surgeon with expertise in advanced gastrointestinal surgery.

The safety and feasibility study was conducted across bariatric, colorectal and gallbladder procedures – surgeries in which intraoperative assessment of perfusion and anatomic structures are critical to prevent costly and life-threatening complications. [Read more…] about Activ Surgical completes first in-human procedures to demonstrate impact of its surgical intelligence and sensing platform

Smith+Nephew launches handheld robotic-assisted surgical system

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Smith+Nephew, the global medical technology business, has launched its CORI handheld surgical robot, an advanced robotic system for both total and partial knee arthroplasties.

The CORI system is a compact and fully mobile solution incorporating a 3-D intra-operative imaging system with an advanced robotic sculpting tool. The robotic system allows surgeons to measure, plan, and perform a knee surgery which is personalised to the patient’s individual anatomy in theatre.

The Smith+Nephew system is considerably more compact than alternative robotic systems, has minimal set up time, and is so portable it can be moved from theatre to theatre to optimise flow of patients through surgical units. [Read more…] about Smith+Nephew launches handheld robotic-assisted surgical system

CMR Surgical’s Versius robot adopted by top London hospitals

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Guy’s and St Thomas’ NHS Foundation Trust is the first hospital in London to use the Versius next-generation robot from CMR Surgical, enabling patients awaiting cancer treatment greater access to minimal access surgery in the capital.

This is the latest in a string of new NHS sites to acquire Versius, as the next-generation robot from Cambridge continues to demonstrate merit to leading health systems across the world.

CMR Surgical, the maker of Versius, says Guy’s and St Thomas’ NHS Foundation Trust is the latest NHS Trust, and first site in London, to adopt its robot. The renowned teaching hospital has adopted the versatile technology in order to increase patient access to minimal access – or keyhole – surgery across both of its London sites. [Read more…] about CMR Surgical’s Versius robot adopted by top London hospitals

Activ Surgical secures $45 million in Series B funding led by Cota Capital

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Activ Surgical, a digital surgery pioneer, has raised $45 million in a Series B financing round. The Series B round was led by Cota Capital, a multi-stage investment firm focused on private and public modern enterprise technology companies.

Seven new investors, including BAM Funds, Magnetar Capital, Mint Ventures, Castor Ventures, Dream One Vision and Nvidia, join existing investors DNS Capital,Tao Capital Partners, LRVHealth, Rising Tide VC, GreatPoint Ventures and ARTIS Ventures to close out the Series B round of financing.

To date, Activ Surgical has raised a total of $77 million. [Read more…] about Activ Surgical secures $45 million in Series B funding led by Cota Capital

Inov8 Orthopedics performs first surgery using Think Surgical robot

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Healthcare facility Inov8 Surgical has performed its first surgery using Think Surgical’s next-generation robot technology for knee replacement.

Think Surgical, an innovator in the field of orthopedic active robot surgery, says Inov8 Surgical is the first healthcare facility to utilize the second-generation TSolution One Total Knee Application (TKA) for total knee arthroplasty.

Stefan Kreuzer, MD, orthopedic surgeon, and the founder of Inov8 Orthopedics, performed the first procedure with the new system on August 24th at Inov8 Surgical Ambulatory Surgery Center (ASC) in Houston, Texas. [Read more…] about Inov8 Orthopedics performs first surgery using Think Surgical robot

Monogram Orthopedics attracts 5,000 investors on way to raising $30 million

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Monogram Orthopedics, the startup advancing the future of joint replacement surgery, has attracted 5,000 Series B investors – and almost $1 million – on crowdfunding platform StartEngine.

Aiming to personalize the $19.6 billion joint replacement market through artificial intelligence, robotics, and 3D printing, Monogram Orthopedics is targeting a $34 million raise to scale and bring their technology to market.

The company expects to kick off its unmatched personalized approach with its first Total Knee Arthroplasty implant FDA submission planned for later this year. [Read more…] about Monogram Orthopedics attracts 5,000 investors on way to raising $30 million

Medical Microinstruments’ Symani surgical system saves patient’s arm from amputation

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Medical Microinstruments, a robotics company specialising in microsurgery, says its Symani Surgical System was successfully used at Careggi University Hospital Florence by Professor Marco Innocenti, MD, and his team in a complex, post-traumatic limb reconstruction that saved a patient’s arm from amputation.

The case is the first enrolled patient in MMI’s post-market study.

Prof Innocenti, the head of reconstructive surgery and microsurgery at Careggi University Hospital, performed the procedure which involved a young adult who suffered a motorcycle accident. [Read more…] about Medical Microinstruments’ Symani surgical system saves patient’s arm from amputation

Explorer Surgical expands its digital platform into robotic surgery

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Explorer Live, a cloud-based digital platform customized for medical device companies to share best practices live with surgical teams, is expanding into robotic surgery, predicted to be the fastest-growing market for the next 10 years.

Medical robotics companies can now leverage Explorer Live, a digital platform featuring a first-of-its-kind procedural playbook, video capabilities and robust data collection to provide unparalleled support and insight into workflow and performance.

Robotic technology is transforming health care worldwide; enabling surgeons to perform cases with more precision and providing minimal downtime for the patient. But the increased learning curve in robotic surgeries presents a unique set of challenges for coordination and collaboration in the operating room. [Read more…] about Explorer Surgical expands its digital platform into robotic surgery

‘World’s first’ magnetic robotic-assisted surgeries performed with Levita Magnetics’ newest platform

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Levita Magnetics says “the first ever” robotic-assisted surgical procedures have been performed using the company’s newest system in development, the Levita Robotic Platform.

The first case was a reduced-incision laparoscopic cholecystectomy (gallbladder removal) completed by Dr Ignacio Robles, a minimally invasive surgeon at Clínica INDISA in Santiago, as part of a current clinical study of the system in Chile.

The new robotic platform is intended to deliver the clinical benefits of the company’s first commercial product, the Levita Magnetic Surgical System, including less pain, faster recovery and fewer scars for patients. The platform is intended to improve visualization, maintain surgeon control of instruments, and increase hospital efficiency with fewer assistive personnel required to conduct the procedures. [Read more…] about ‘World’s first’ magnetic robotic-assisted surgeries performed with Levita Magnetics’ newest platform