M&A
J&J is entering the orthopedic robotics space with its acquisition of Orthotaxy, a developer of software-enabled surgery technologies that is based in France. Among products the company has in development is a robotic technology for total and partial knee replacement, which J&J eventually plans to expand for use in other orthopedic applications. In their press release, J&J says their goal in developing Orthotaxy’s technology is to “build a next-generation robotic-assisted orthopaedic surgery solution that is cost-effective, time-efficient and user-friendly in a variety of care settings.” No deal terms were disclosed.
Posted: February 22, 2018
