Medtronic Acquires Fortimedix Surgical to Enhance Robotic-Assisted and Minimally Invasive Surgery Portfolio

Nov 22, 2024 18:39 CST Updated 18:39

Medtronic

Medical Device Manufacturer

News on November 21, 2024: Medtronic AcquisitionJoint Manufacturer Fortimedix Surgical。

This acquisition will further expand Medtronic's business scope and may leverage Fortimedix Surgical's technology to enhance the functionality of its surgical robot products.

# Core Technology

Fortimedix Surgical has developed proprietary articulated instrument technology, which is considered to "challenge conventional methods."Product Architecture Based on Full Laser Cutting, can be applied toEndoscopic Treatment Interventions and Minimally Invasive Surgery, and can undergo early surgical intervention through endoscopy, namely endoluminal surgery.。

Fortimedix Surgical UtilizesTechnology of Multi-layer Laser Cut Tubes Nested and Welded Together, enabling the product to achieve complex functions and superior performance, andTransforming Ordinary Low-Cost Metal Tubes into Flexible Articulated Shafts. This type of shaft includes in the assembled stateHundreds of moving parts to achieve complex functionsAt the same time, it can maintain cost-effectiveness.。

This technology challenges traditional medical device manufacturing methods by eliminating conventional part machining and assembly, achieving a breakthrough in cost control, and setting new standards for robotic and non-robotic endoscopic therapeutic interventions as well as minimally invasive surgery.

Fortimedix Surgical's proprietary joint instrument technology is designed forHandheld (Non-Robotic)AndRobot applications, including multi-port and single-port soft tissue robots, flexible robots, and robotic endoscopic surgery。

# Layout Focus —— Surgical Robots

Mazor X

In 2018, Medtronic acquired Mazor Robotics, an Israeli surgical robotics company, for $1.64 billion, thereby gaining the Mazor X surgical platform. The system has been approved in Canada, Europe, and the United States.

Mazor X Stealth Edition combines advanced software, algorithms, robotics, navigation, and surgical tools to provide orthopedic surgeons with precise guidance for surgical approaches. Surgeons can pre-plan and simulate surgical procedures, with only about 20% of the surgery requiring manual operation.

Stealth AutoGuide

In 2019, Medtronic's neurosurgical robotic platform Stealth AutoGuide received FDA approval.

The platform consists of a stealth space station image guidance system and a Midas Rex high-speed drill, while also providing real-time navigation and visual feedback for the required route.

Hugo RAS System

In 2021, Medtronic's Hugo robotic-assisted surgery platform received approval in Europe. Hugo is a soft-tissue surgical robot developed by Medtronic, featuring a modular robotic arm design that allows for easy movement throughout the hospital.

The system can identify and label key anatomical structures, providing information that users may not be able to observe directly. This intelligent recognition function makes the surgical process more precise and controllable, reduces potential human errors, and improves the success rate of surgeries.

# Layout-related Software

AiBLE™ Intelligent Innovation Ecosystem

November 2023,At the 6th China International Import Expo,MedtronicChina Orthopedics and Neurosurgery Business GroupCarryAiBLE™ Intelligent Orthopedics/Neurosurgery Integrated SolutionFull Lineup Debut。

Two sets of solutions target the surgical ecosystem in specialized fields of disease, organically integrating Medtronic's globally leading implants,Mazor X Spine Surgery Robot / Stealth Autoguide Neurosurgical Robot, StealthStation S8 Surgical Navigation System, O-arm O2 Intraoperative Imaging System, Midas Rex Surgical Power System, achieving synergistic gains between each device.

In addition, apart from the interconnectedness within the product ecosystem, Medtronic also places greater emphasis on the concept of a service ecosystem. Through professional education, technical support, after-sales service, and other aspects, it comprehensively assists clinicians in mastering robotic-assisted surgical techniques more effectively and quickly.

At the 39th North American Spine Society (NASS) conference, Medtronic and Siemens announced that they have initiated a collaboration.Expand the accessibility of preoperative and postoperative imaging techniques for spinal surgery.

The two companies will jointly sell Siemens Healthineers'Multitom Rax X-Ray Imaging System，And integrate it into Medtronic's AiBLE spinal surgery ecosystem.

Siemens Healthineers' Multitom Rax X-ray Imaging System Integrated into Medtronic's AiBLE Spine Surgery Ecosystem

Acquisition of Medicrea

In 2020, Medtronic acquired Medicrea in the orthopedics + AI medical field. Medicrea's product portfolio includes Medicrea UNiD Adaptive Spine Intelligence (ASI), designed to support surgeons' workflow in preoperative planning and create personalized implant solutions for surgery.

Through the acquisition, Medtronic has become the first company able to provide a comprehensive solution including AI-driven surgical planning, personalized spinal implants, and robot-assisted surgical delivery.

In June 2022, Medtronic announced the Ligament Augmentation Device LigaPASS 2.0 for use in spinal surgery.FDA 510(k) approval and Breakthrough Device Designation received.The LigaPASS™ 2.0 system can be paired with the UNiD™ Adaptive Spine Intelligence (ASI) platform.

UNiD™ ASI Changes the Standard of Care for Spine Surgery for Patients by Helping Surgeons Plan, Execute, and Analyze Their Surgeries Using Data Science and Artificial Intelligence. Medtronic's R&D Never Stops.This new product is also part of the AI spinal surgery robot.

Acquisition of Digital Surgery

Digital Surgery is a company specializing in digital surgical solutions and was acquired by Medtronic in February 2020.Purchase.Developed byInteractive Surgical Simulator Touch SurgeryProvides a practical guide for surgical procedures and medical operations, enabling doctors to quickly master the surgical process, assess proficiency, and conduct surgical simulation training.

Touch Surgery allows doctors to connect the operating room to the cloud, enabling them to seamlessly record and upload surgical videos.Doctors can watch and analyze surgical videos on their phones anytime, anywhere.

In July 2024, Medtronic announced itsTouch Surgery Digital Surgical SystemUpdatedLive streaming feature, including 14 new AI algorithms, can enhance postoperative analysis functions.Provide AI-based surgical insights for laparoscopic surgical robots and other robot-assisted surgeries.

# Conclusion

Previously, in the conference call for the second-quarter earnings,Medtronic CEO Geoff Martha said,Company's AcquisitionInterested, especially in acquisitions that can support the company's high-growth markets and high-growth market segments.

Through such a layout, Medtronic will establish a strong product line and may bring new breakthroughs in the field of minimally invasive surgery and endoscopic therapeutic interventions.Break.

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