Intuitive News
4 articles
growth-positive
Microbot Medical® Expands Commercial Leadership with Appointment of Christina Bailey as VP of Sales
Microbot Medical Inc. has appointed Christina Bailey as the new Vice President of Sales to strengthen its commercial leadership. Bailey, a former U.S. Olympian with extensive experience in medical device sales, is expected to lead the sales team for the anticipated launch of the LIBERTY Endovascular Robotic System. The LIBERTY system is currently an investigational device pending FDA 510(k) clearance and is not yet available for sale in the U.S. Microbot Medical aims to redefine endovascular robotics with its single-use, fully disposable robotic system. The company is focused on transitioning to a commercially focused entity and is preparing for the potential market introduction of its innovative product.
Management Changes
growth-positive
This $125M Israeli Startup Is Building The World's First Cataract Robot To Solve A Global Crisis: 'There Is No Human Way To Close The Gap'
ForSight Robotics, an Israeli startup focused on automating cataract and eye surgery, has raised $125 million to advance its precision robotics platform, Oryom. The investment round was led by Eclipse Ventures, with notable participation from Fred Moll and Moshe Shoham. The company aims to address the growing gap in ophthalmic care due to an aging population and a declining number of ophthalmologists. ForSights Oryom platform utilizes AI-based algorithms and computer vision to enhance surgical precision. The company plans to begin clinical trials by the end of the year and is in early discussions with the FDA. The new funding will support the regulatory process.
InvestmentProduct Stage
growth-negative
Tesla, Intuitive Surgical downgraded: Wall Street’s top analyst calls
The article discusses recent research calls from Wall Street, highlighting upgrades and downgrades for various companies. Tesla was downgraded by Argus and Baird due to concerns over non-fundamental events affecting its stock, such as the war of words between President Trump and Tesla CEO Elon Musk, and the expiration of EV credits, which could weaken demand. Other companies like Charles Schwab, Oklo, Quaker Houghton, LPL Financial, and Steven Madden received upgrades due to various strategic advantages and market trends. Meanwhile, Intuitive Surgical, McDonalds, Chewy, and Robinhood faced downgrades due to concerns over market pressures and uncertainties.
growth-positive
Intuitive buys IT startup for surgical video sharing, archiving, analysis
Intuitive Surgical has acquired health IT startup Orpheus Medical. The acquisition will allow Intuitive to enhance its robotic surgery experience by adding informatics tools from Orpheus. Orpheus technologies enable the capture, sharing, and analysis of clinical video and imaging, improving physician and OR care team workflow. This is Intuitives first publicly announced acquisition since last year. In other news, Intuitives board chair, Lonnie Smith, is retiring and will be succeeded by Craig Barratt in April.
Acquisition
