Zimmer Biomet Robotics, formerly Medtech SA, is a

robotic surgery Robotic surgery are types of surgical procedures that are done using robotic systems. Robotically assisted surgery was developed to try to overcome the limitations of pre-existing minimally-invasive surgical procedures and to enhance the capabi ...

company founded in 2002 by

Bertin Nahum Bertin Nahum (born 14 November 1969 in Dakar (Senegal)) is a French-Beninese entrepreneur in surgical robotics. He is the CEO and co-founder oQuantum Surgicalbased in Montpellier, France. He previously founded in 2002 Medtech S.A; specialized ...

and based in

Montpellier, France Montpellier (, , ; oc, Montpelhièr ) 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. In 2018, 290,053 people li ...

(

Hérault Hérault (; oc, Erau, ) is a department of the region of Occitania, Southern France. Named after the Hérault River, its prefecture is Montpellier. It had a population of 1,175,623 in 2019.central nervous system The central nervous system (CNS) is the part of the nervous system consisting primarily of the brain and spinal cord. The CNS is so named because the brain integrates the received information and coordinates and influences the activity of all p ...

and other applications such as the

knee In humans and other primates, the knee joins the thigh with the human leg, 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 join ...

. 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 investme ...

Euronext Paris Euronext Paris is France's securities market, formerly known as the Paris Bourse, which merged with the Amsterdam, Lisbon, and Brussels exchanges in September 2000 to form Euronext NV. As of 2022, the 795 companies listed had a combined marke ...

. Its

ticker symbol A ticker symbol or stock symbol is an abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market. In short, ticker symbols are arrangements of symbols or characters (generally Latin letters ...

and flagship product is

ROSA Rosa or De Rosa may refer to: People *Rosa (given name) *Rosa (surname) * Santa Rosa (female given name from Latin-a latinized variant of Rose) Places * 223 Rosa, an asteroid * Rosa, Alabama, a town, United States *Rosa, Germany, in Thuringia, ...

, a robotic

surgical assistant An assistant surgeon, assistant in surgery, physicians as assistants at surgery, surgeon assistant, first assistant or surgical assistant assists with a surgical operation under the direction of a surgeon. In the United Kingdom, a surgical care pr ...

designed for minimally-invasive surgery. 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 230 million euros as of September 2018, mostly from entrepreneurs, business leaders, and family offices. ...

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

Midi Capital MIDI (; Musical Instrument Digital Interface) is a technical standard that describes a communications protocol, digital interface, and electrical connectors that connect a wide variety of electronic musical instruments, computers, and rel ...

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 neurological disorders characterized by recurrent epileptic seizures. Epileptic seizures can vary from brief and nearly undetectable periods to long periods of vigorous shaking due to abnormal electrical ...

Parkinson's disease Parkinson's disease (PD), or simply Parkinson's, is a long-term degenerative disorder of the central nervous system that mainly affects the motor system. The symptoms usually emerge slowly, and as the disease worsens, non-motor symptoms becom ...

, generalized dystonia, cavernoma,

hydrocephalus Hydrocephalus is a condition in which an accumulation of cerebrospinal fluid (CSF) occurs within the brain. This typically causes increased pressure inside the skull. Older people may have headaches, double vision, poor balance, urinary in ...

. 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 pan-European bourse that offers various trading and post-trade services. Traded assets include regulated equities, exchange-traded funds (ETF), warrants and certificates, bonds, ...

(

NYSE Euronext NYSE Euronext, Inc. was a transatlantic multinational financial services corporation that operated multiple securities exchanges, including the New York Stock Exchange, Euronext and NYSE Arca (formerly known as ArcaEx). NYSE merged with Archip ...

, 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) {{Company-stub