Zimmer Biomet Robotics, formerly Medtech SA, is a

robotic surgery Robot-assisted surgery or robotic surgery are any types of surgical procedures that are performed using robotic systems. Robotically assisted surgery was developed to try to overcome the limitations of pre-existing minimally-invasive surgical ...

company founded in 2002 by Bertin Nahum and based in

Montpellier, France Montpellier (; ) is a city in southern France near the Mediterranean Sea. One of the largest urban centres in the region of Occitania, Montpellier is the prefecture of the department of Hérault. At the 2020 census, 299,096 people lived in the ...

(

Hérault Hérault (; , ) is a departments of France, department of the Regions of France, region of Occitania (administrative region), Occitania, Southern France. Named after the Hérault (river), Hérault River, its Prefectures in France, prefecture is M ...

department, in southern France. This company designs, develops and markets robotic assistance for surgical procedures of the

central nervous system The central nervous system (CNS) is the part of the nervous system consisting primarily of the brain, spinal cord and retina. The CNS is so named because the brain integrates the received information and coordinates and influences the activity o ...

and other applications such as the

knee In humans and other primates, the knee joins the thigh with the leg and consists of two joints: one between the femur and tibia (tibiofemoral joint), and one between the femur and patella (patellofemoral joint). It is the largest joint in the hu ...

. The company went public in a November 2013 with an

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...

Euronext Paris Euronext Paris, formerly known as the Paris Bourse (), is a regulated securities trading venue in France. It is Europe's second largest stock exchange by market capitalization, behind the London Stock Exchange, as of December 2023. As of 2022, th ...

. Its

ticker symbol A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded Share (finance), shares of a particular stock or Security (finance), security on a particular stock exchange. Ticker symbols are arrangements of symbols ...

and flagship product is

ROSA Rosa or De Rosa may refer to: Plants and animals * ''Rosa'' (plant), the genus of roses * Rosa (sea otter), a sea otter that has become popular on the internet * Rosa (cow), a Spanish-born cow People * Rosa (given name) * Rosa (surname) * San ...

, a robotic

surgical assistant An assistant surgeon, also known as a surgical assistant, surgeon's assistant, assistant in surgery or first assistant, is a healthcare professional who provides direct manual and/or instrumental assistance to meet the in-procedure demands of a su ...

designed for minimally-invasive

surgery Surgery is a medical specialty that uses manual and instrumental techniques to diagnose or treat pathological conditions (e.g., trauma, disease, injury, malignancy), to alter bodily functions (e.g., malabsorption created by bariatric surgery s ...

. Its pre-IPO investors include

Newfund Newfund is a venture capital firm focused on early stage investment in France and the United States. Founded in 2008, it had raised more than €400 million in funding by 2025, mostly from entrepreneurs, business leaders, and family offices. It ...

, which had acquired 27 percent of Medtech's capital in 2010, Soridec, and Midi Capital.

History

The first surgical robot developed by Medtech, in partnership with the Montpellier Laboratory of Computer Science, Robotics and Microelectronics (LIRMM), was BRIGIT, a robot dedicated to knee surgery. In 2006, Zimmer, the world leader in orthopedic implants, bought BRIGIT’s entire patent portfolio. Medtech decided to reinvest those resources in the development of a new robotic-assisted technology. Medtech’s first ROSA robot, ROSA Brain, dedicated to neurosurgery was thus designed. Comparable to a "GPS" for the brain, the robot can be used for any type of cranial procedures requiring surgical planning with preoperative data, patient registration and precise positioning and handling of instruments. Pathologies covered by the use of ROSA Brain include

epilepsy Epilepsy is a group of Non-communicable disease, non-communicable Neurological disorder, neurological disorders characterized by a tendency for recurrent, unprovoked Seizure, seizures. A seizure is a sudden burst of abnormal electrical activit ...

Parkinson's disease Parkinson's disease (PD), or simply Parkinson's, is a neurodegenerative disease primarily of the central nervous system, affecting both motor system, motor and non-motor systems. Symptoms typically develop gradually and non-motor issues become ...

, generalized

dystonia Dystonia is a neurology, neurological Hyperkinesia, hyperkinetic Movement disorders, movement disorder in which sustained or repetitive muscle contractions occur involuntarily, resulting in twisting and repetitive movements or abnormal fixed po ...

, cavernoma,

hydrocephalus Hydrocephalus is a condition in which cerebrospinal fluid (CSF) builds up within the brain, which can cause pressure to increase in the skull. Symptoms may vary according to age. Headaches and double vision are common. Elderly adults with n ...

. The ROSA Brain device is present in 120 hospitals across Europe, North America, Asia and the Middle East and has been used in more than 9 000 surgical procedures. In July 2014, Medtech announced the CE Marking of its new product ROSA Spine, allowing it to be marketed in Europe. On November 28, 2013, Medtech was listed on the French stock Exchange operated by

Euronext Euronext N.V. (short for European New Exchange Technology) is a European bourse that provides trading and post-trade services for a range of financial instruments. Traded assets include regulated equities, exchange-traded funds (ETF), warrant ...

(

NYSE Euronext NYSE Euronext, Inc. was a Transatlantic relations, transatlantic Multinational corporation, multinational financial services corporation that operated multiple Stock exchange, securities exchanges, including the New York Stock Exchange, Euronext ...

, compartment C).NYSE News Release (28 November 2013) : In 2016, Medtech obtained the CE marking for its new product ROSA One, a robotic assistive device for minimally invasive surgery of the brain and the spine in the same platform. In July 2016, Medtech was acquired by the Zimmer Biomet Group and became as known as Zimmer Biomet Robotics.

References

External links

* Healthcare companies of France Companies based in Occitania (administrative region) French companies established in 2002 {{France-company-stub