Intuitive Set a High Bar for New Entrants in Surgical Robotics
Intuitive Surgical is well aware that the field it has dominated for years is becoming increasingly competitive with new entrants. But CEO Gary Guthart always manages to sound confident during earnings calls and tends to let the numbers speak for themselves.
The company reported global procedure growth of about 18% in the second quarter of 2018 compared with the second quarter of 2017, driven by the U.S. acceptance of Intuitive's da Vinci robotics system in general surgery, growth internationally, and the appreciation for improvement in surgery, Guthart noted during the company's most recent earnings call.
"To take a simpl...
Source: MDDI - July 20, 2018 Category: Medical Devices Authors: Amanda Pedersen Tags: Business Source Type: news
EndoGastric Solutions adds $31m
EndoGastric Solutions, which last week reported raising more than $25 million, said today that the total raise was $30.5 million.
Redmond, Wash.-based EndoGastric Solutions said the round was led by existing backers Advanced Technology Ventures, Canaan Partners, Canepa Healthcare, Chicago Growth Partners, CRG, Radius Ventures, Sightline Partners and “several new healthcare investors excited about EGS’ commercial advances.” In a regulatory filing last week the company said it raised $25.4 million from 28 investors as part of a $35.5 million offering.
Today EGS said it plans to use the infusion to back ...
Source: Mass Device - July 10, 2018 Category: Medical Devices Authors: Brad Perriello Tags: Endoscopic / Arthroscopic Funding Roundup Wall Street Beat endogastricsolutions Source Type: news
ACell, Inc. Announces Ventral Hernia Data Presented at Abdominal Wall Reconstruction Conference
COLUMBIA, Md., June 15, 2018 -- (Healthcare Sales & Marketing Network) -- ACell, Inc. today announced that promising data focused on its Gentrix Surgical Matrix family of devices for use in ventral hernia repair was presented at the recent Abdominal Wall ... Devices, Surgery ACell , Gentrix Surgical Matrix, MatriStem UBM, hernia repair (Source: HSMN NewsFeed)
Source: HSMN NewsFeed - June 15, 2018 Category: Pharmaceuticals Source Type: news
Tela Bio, Aroa Biosurgery win CE Mark for OviTex bioscaffolds
Tela Bio said today that its partner Aroa Biosurgery won CE Mark approval in the European Union for its OviTex Reinforced BioScaffold, which Tela Bio will commercially launch in the region.
Malvern, Penn.-based Tela Bio said that is has offered the OviTex RBS for ventral hernia repairs and abdominal wall reconstruction procedures in the US since July 2016.
The OviTex RBS devices are surgical implants with integrated biologic and synthetic materials to allow the movement of fluid and cells through the product, Tela Bio said. The company touted that more than 2,000 procedures have been performed with the OviTex RBSs to dat...
Source: Mass Device - May 31, 2018 Category: Medical Devices Authors: Fink Densford Tags: Regulatory/Compliance Surgical aroabiosurgery Tela Bio Source Type: news
Intraoperative interventions for preventing surgical site infection: an overview of Cochrane Reviews
This review of 30 Cochrane reviews assessing various interventions, concludes interventions such as antibiotic prophylaxis for caesarean section and hernia repair, administered before the procedures can prevent surgical site infections. (Source: Current Awareness Service for Health (CASH))
Source: Current Awareness Service for Health (CASH) - May 16, 2018 Category: Consumer Health News Source Type: news
Did Boston Scientific Use Counterfeit Plastic in Pelvic Mesh?
Companies that sell implantable transvaginal mesh devices have been fighting massive, multi-district litigation for years as thousands of U.S. women have complained of severe complications after surgery. Now, a scathing 60 Minutes report on the issue has Boston Scientific up in arms.
CBS aired the 60 Minutes report Sunday evening, uncovering emails that suggest Boston Scientific knowingly bought counterfeit plastic material from a Chinese supplier to produce the devices and even repackaged the material to hide the fact that it was an imitation product. The show's producers said Boston Scientific declined an interview...
Source: MDDI - May 14, 2018 Category: Medical Devices Authors: Amanda Pedersen Tags: Business Materials Source Type: news
Intuitive Surgical touts inguinal hernia study
Intuitive Surgical (NSDQ:ISRG) touted a 1,254-patient study today showing that patients who underwent robotic-assisted surgery using the da Vinci system to repair an inguinal hernia had fewer complications after 30 days compared to patients who had open surgery.
The study, published in Hernia: The World Journal of Hernia and Abdominal Wall Surgery, was characterized by Intuitive as the largest multi-center comparative study of robotic-assisted and open surgery for inguinal hernia repair.
None of the patients in the robotic-assisted surgery group returned for reoperations related to the inguinal hernia repair procedure af...
Source: Mass Device - May 4, 2018 Category: Medical Devices Authors: Sarah Faulkner Tags: Clinical Trials Robotics Surgical Wall Street Beat Intuitive Surgical Source Type: news
Opioids Often Over-Prescribed After Hiatal Hernia Surgery
WEDNESDAY, May 2, 2018 -- Patients use fewer opioids than are prescribed after hiatal hernia repair (HHR), according to a study presented at the annual meeting of the American Association for Thoracic Surgery, held from April 28 to May 1 in San... (Source: Drugs.com - Pharma News)
Source: Drugs.com - Pharma News - May 2, 2018 Category: Pharmaceuticals Source Type: news
Medical News Today: What to know about hiatal hernia surgery
Surgery is an effective way to treat a hiatal hernia, with a 90 –95 percent success rate in relieving symptoms such as acid reflux and GERD. Laparoscopic repair is the most common procedure. Recovery takes several weeks but a person can often go home the same day. Learn about recovery times, complications, and outlook. (Source: Health News from Medical News Today)
Source: Health News from Medical News Today - March 31, 2018 Category: Consumer Health News Tags: Surgery Source Type: news
BD Scores a Victory in Bard & #039;s Hernia Mesh Case
Becton Dickinson, which acquired C.R. Bard at the end of 2017, scored a victory in New Jersey Superior Court this week. The court's appellate division refused to reinstate a product liability lawsuit involving Bard's 3DMax polypropylene mesh, which is used for hernia repair.
Plaintiff Kemuel Goodson was implanted with the product in 2006 and alleged that the mesh caused multiple complications that required extensive medical care, including several additional operations. Goodson claimed in his original complaint that defective design, negligence, and fraud and misrepresentation were to blame for the complications he su...
Source: MDDI - March 21, 2018 Category: Medical Devices Authors: Amanda Pedersen Tags: Business Design Source Type: news
Bard wins 3DMax hernia mesh appeal
The New Jersey Superior Court’s Appellate Division this week tossed a win to Becton Dickinson & Co.‘s (NYSE:BDX) C.R. Bard (NYSE:BCR), refusing to reinstate a hernia mesh product liability suit on grounds that expert witnesses couldn’t prove the design of the product was defective or that significant negligence occurred.
In the case, plaintiff Kemuel Goodson claims that implantation of Bard’s 3DMax polypropylene mesh during a laparoscopic bilateral inguinal hernia repair in 2006 caused a number of different complications, including remaining pain and the removal of a testicle, and required a number of future ...
Source: Mass Device - March 20, 2018 Category: Medical Devices Authors: Fink Densford Tags: Legal News Surgical bectondickinson crbard Source Type: news
Mesh Bests Suture Repair for Small Umbilical Hernias Mesh Bests Suture Repair for Small Umbilical Hernias
Reuters Health Information (Source: Medscape General Surgery Headlines)
Source: Medscape General Surgery Headlines - March 2, 2018 Category: Surgery Tags: Gastroenterology News Source Type: news
Self-gripping vs Sutured Mesh in Hernia Repair Self-gripping vs Sutured Mesh in Hernia Repair
Dr Lowenfels comments on a study comparing two varieties of mesh used in inguinal hernia repair, and whether patients experienced any difference in pain or recurrence.Medscape General Surgery (Source: Medscape Today Headlines)
Source: Medscape Today Headlines - February 23, 2018 Category: Consumer Health News Tags: General Surgery Viewpoint Source Type: news
Is Robotic Surgery the Future for Hernia Repair? Not So Fast Is Robotic Surgery the Future for Hernia Repair? Not So Fast
Robotic-assisted hernia repair is becoming increasingly popular, but the value of this technique remains controversial.Annals of Surgery (Source: Medscape Today Headlines)
Source: Medscape Today Headlines - February 23, 2018 Category: Consumer Health News Tags: General Surgery Journal Article Source Type: news
Gastric Transmural Migration of a Prosthetic Hiatal Hernia Gastric Transmural Migration of a Prosthetic Hiatal Hernia
This case report highlights a lesser known cause of morbidity arising from a Nissen fundoplication using mesh for hiatal hernia repair.Applied Radiology (Source: Medscape Today Headlines)
Source: Medscape Today Headlines - February 13, 2018 Category: Consumer Health News Tags: Radiology Journal Article Source Type: news
