For more than 20 years, Medtronic’s PillCam capsule endoscopy has been used as a minimally invasive, patient-friendly option for the detection of gastrointestinal diseases. Most recently, the company announced that the U.S. Food and Drug Administration (FDA) granted 510(k) clearance for its PillCam Small Bowel 3 system for remote endoscopy procedures. Working with Amazon logistics […]
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.
7 companies transforming orthopedics with robot-assisted surgery
Orthopedic device companies have been actively developing products for surgical robotics, several through acquisitions.
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 X Stealth robot-assisted spinal surgery launches in US
Medtronic has launched its Mazor X Stealth robotic-assisted spinal surgical platform in the U.S., touting its recent use in its first commercial procedures. The first uses of the system took place at Louisville, Ky.’s Norton Healthcare and Reston, Va.’s Reston Hospital Center, the Fridley, Minn.-based medtech giant said. “The marriage of robotics and navigation represents the…
Medtronic finalizes $1.7B Mazor Robotics acquisition
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…
Medtronic buying Mazor Robotics for $1.6B
Medtronic is all-in on surgical robotics after inking a deal to buy Mazor Robotics for more than $1.6 billion in cash. For Medtronic, the world’s largest medical device maker, the deal expands its leadership in the spinal surgery market and expedites its move into robotic-assisted procedures. Medtronic has owned since 2016 a $300 million stake…
How do surgeons navigate inside a patient’s body? Part 2 of 2
Part 1 looked at various uses of X-ray technology as well as ultrasound imaging. Cameras are an essential part of many medical diagnostics as well. The lining of the esophagus, stomach, and first part of the small intestine are examined using Esophagogastroduodenoscopy (EGD). In this procedure, the scope (a video camera with light) is inserted through […]
Mazor Robotics wins CE Mark for Mazor X surgery platform
Mazor Robotics (NSDQ:MZOR) said today that it won CE Mark approval in the European Union for its Mazor X robot-assisted surgery platform, setting the stage for strategic backer Medtronic (NYSE:MDT) to put the device on the European market. “Receipt of the CE Mark is an important step in our plan to expand the patient, surgeon and hospital benefits…
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…