Fred Moll’s newest robotic surgical play. The deal includes an additional $2.35 billion in milestone-based contingent payments, so the total value of the deal could reach approximately $5.75 billion when all is said and done.Īuris is surgical robotics pioneer Dr. The first acquisition that comes to mind is Johnson & Johnson buying Auris Health for $3.4 billion. Fast forward to 2019, and it’s been a busy year in terms of healthcare robotics investments and mergers and acquisitions (M&As). Stryker was the first orthopedics major to bet large on robotics with its $1.68 billion acquisition of Mako Surgical in December 2013. Stryker’s acquisition of Mobius Imaging and Cardan Robotics is expected to close in Q4 2019. “We look forward to working together to advance Stryker’s mission to make healthcare better and accelerate our pursuit of category leadership in Neurotechnology, Orthopaedics, and Spine.” “This acquisition brings expertise in advanced imaging and robotics as well as a robust product pipeline that add to Stryker’s portfolio and will allow the Spine division to provide more complete procedural solutions, including sales, service, and support,” said Spencer Stiles, Stryker’s Group President, Orthopaedics and Spine. Learn more about the Healthcare Robotics Engineering Forum. The conference and expo focuses on improving the design, development and manufacture of next-generation healthcare robots. The Robot Report has launched the Healthcare Robotics Engineering Forum, which will be on Dec. Mobius raised $25 million in 2018.įounded in 2015, Cardan Robotics is developing robotics and navigation technology systems for surgical and interventional radiology procedures. The Air TruCT won 510(k) clearance from the FDA in April 2018. In February 2019, the system was integrated for the first time with Stryker’s NAV3i guidance system for spine surgeries. Its Airo TruCT scanner offers mobile, real-time imaging. Shirley, Mass.-based Mobius develops point-of-care imaging technology. The deal includes a down payment of $370 million in cash and $130 million that will be paid based on development and commercialization milestones. Stryker, a leading medical technology company based in Kalamazoo, Michigan, acquired Mobius Imaging and its subsidiary Cardan Robotics for $500 million.

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