Intuitive Surgical Acquires Orpheus Medical
Posted on February 10, 2020 by Medtech[y] Staff
Intuitive Surgical (Nasdaq: ISRG) announced they have acquired Orpheus Medical, a company that provides hospitals with information technology connectivity and expertise in processing and archiving surgical video.
“The addition of Orpheus will provide customers —including surgeons, patient care teams and hospitals—with ready access to and a deeper understanding of their data, which we believe may help our customers improve patient outcomes and lower total treatment costs,” said Julian Nikolchev, Intuitive’s senior vice president of corporate development and strategy.
Interestingly enough, one of the first videos Orpheus Medical uploaded to their YouTube channel was a live Prostatectomy with Intuitive's Da Vinci surgical robot.
Hospitals use Orpheus' video management and analytics platform across multiple surgical specialties, allowing surgeons and hospital staff the ability to capture and share clinical video and imaging from man sources, which can aid in analyzing their surgical approach.
“Combining both companies’ innovative technologies with Intuitive’s global reach and resources will enable current and future customers easier and faster access to their data,” said Gaddi Menahem, CEO of Orpheus Medical.
Terms of the deal were not disclosed.