MAKO Surgical Corp.
Division of Stryker Corp.
Latest From MAKO Surgical Corp.
Stryker launched the Mako robotic arm-assisted total knee arthroplasty system at last week's AAOS annual meeting, making the company the first to offer a surgical robotic technology that covers the total knee, partial knee and total hip replacements. Critics, however, say the clinical outcomes do not necessarily justify the costs. Meanwhile, Stryker's orthopedic rivals, Zimmer Biomet and Smith & Nephew, also sought to highlight their own robotic offerings.
Neocis, an emerging company founded by an Mako Surgical alumni, has won US FDA clearance for its Yomi robotic guidance system, the first of its kind to assist dentists with dental implant procedures. The system is unique in that it offers surgeons both physical and visual guidance and the flexibility to change a preset plan during surgery.
2016 was a year of surprise and change in political circles, but that's nothing new for the medtech industry, which over a number of years has become accustomed to health care systems demanding different and ever-higher levels of service. Smart medtechs have been ahead of the curve, but the whole industry now factors in clients' wider needs in a holistic approach to patient care. Many companies' current M&A policies are already reflecting the changes to come.
Medtech companies brought in $1.5 billion in Q2 2016, 15% less than Q1, with debt offerings accounting for more than half the total; acquisitions more than doubled due to Abbott's $25 billion takeover of St. Jude Medical. Diagnostics financings were down 34% from Q1 and acquisition volume, also lower, was mainly Thermo Fisher Scientific's $4.2 billion buy of FEI.
- Implantable Devices
Surgical Equipment & Devices
- Minimally or Less Invasive
- Therapeutic Areas
- Musculoskeletal & Connective Tissue Disorders
- North America
- Parent & Subsidiaries
- Stryker Corp.
- Senior Management
Maurice R Ferre, MD, Chmn., Pres. & CEO
Fritz LaPorte, SVP, Fin. & Admin. & CFO
Ivan Delevic, SVP, Corp. Dev.
Ian Dawson, SVP, Mktg.
Christopher R Marrus, SVP, Sales
- Contact Info
MAKO Surgical Corp.
Phone: (866) 647-6256
2555 Davie Rd.
Ft. Lauderdale, FL 33317
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