![]() This system, which is not yet in clinical trials, is designed for soft tissue procedures and as such could see Medtronic square up to Intuitive Surgical, by far the biggest player in soft tissue and robotic surgery in general. The world’s biggest medtech has been quietly working on a system that will allow it to compete here, and is due to unveil its project at an event on September 24th. The deal comes just before Medtronic is due to make a big splash with its new surgical robot. This would chime with Stryker’s statement that the acquisition of Cardan and Mobius provides its spine division with immediate entry into intra-operative imaging. According to a report in the Journal of Spine published in May 2017 the Orion robot can be combined with the Airo CT scanner for endoscopic spinal procedures such as decompression. Stryker has not detailed the exact procedures for which Cardan’s robotic system is intended. It is marketed by the German medtech Brainlab. The system was cleared by the FDA in 2013 and gained CE mark a year later. Presumably much of the R&D efforts will centre on Cardan’s robot, since Mobius’s flagship technology, a mobile CT system that can be used while surgery is being performed, is already approved. Unusually for a deal structured to include milestone payments, most of the cash going into the double acquisition is up front development and commercial milestones will only amount to a maximum of $130m. The other purchase is Cardan’s sister company Mobius Imaging, which makes the Airo TruCT scanner. Not much is known about Cardan Robotics other than that it is developing a robot called Orion intended to aid navigation in surgical and interventional radiology procedures. The deal is for not one but two companies. Its second purchase in this area is more modest in size at $370m up front, but underlines the importance of keeping up in a space where large acquisitions are happening more and more regularly. Intelligent Imaging even allows to use the ER equipment.Stryker was the first company to pursue a megadeal in robotic surgery when it bought Mako Surgical for $1.7bn five years ago. Mobius Imaging developed Intelligent Imaging technology for obtaining sharp intraoperative images in real time which significantly facilitates the procedure. The Stryker company stated that this transaction will provide it an input in a segment of intraoperative visualization and will perfectly add its offers in the field of implants and operational navigation. Her employees develop the innovation robotic systems and navigation technologies for surgeries and intervention beam procedures.Ģ019: Purchase of Stryker of the developer of the systems of intraoperative visualizationĪt the beginning of September, 2019 Stryker announced that it is ready to purchase private company Mobius Imaging, LLC and its subsidiary company GYS Tech/Cardan Robotics for $370 million money (without attraction of actions) to which can be added to $130 million if certain indicators in the market are reached. Its subsidiary company GYS Tech (which is engaged in business as Cardan Robotics) was founded in 2015. Mobius Imaging is the company which was founded in 2008 and is engaged in development of the mobile intraoperative systems of visualization.
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