The long-awaited robotic surgery system is designed to open up the market.
CMR Surgical’s private round is the largest ever venture deal for a European medtech. And the point is to get to profitability, not flotation.
Intuitive Surgical makes the most money per employee – but the title of “most improved” goes to Philips.
The industry leader’s biggest buy since Covidien gets it into robots, but direct competition with Intuitive is unlikely.
Big cap medtech is hiring, largely thanks to organic growth.
CMR Surgical has the cash to take it to CE mark.
Many small groups are up thanks to takeover speculation, and this may end up being self-defeating.
Toothy grins all round at Align, but it is unclear how much longer it can keep up its scorching rate of sales growth.