Medtronic (MDT) announced the FDA has cleared the Hugo robotic-assisted surgery, or RAS, system for use in urologic surgical procedures. The Hugo RAS system’s clearance brings a versatile robotic-assisted platform to U.S. surgeons and health systems seeking to expand soft-tissue robotic surgery programs and access to minimally invasive care. The U.S. leads the world in robotic surgery adoption, yet hospitals continue to face challenges in capacity and access. The introduction of the Hugo RAS system in the U.S. helps address this gap, offering an innovative approach to robotic-assisted surgery from the global leader in surgery and bringing choice to hospitals and surgeons across the country. Thoughtfully designed with input from surgeons and hospital administrators to shape the future of surgery, the Hugo RAS system includes three main differentiators: Modular Design; Digital Ecosystem; and Differentiated Partnership. With FDA clearance, the Hugo RAS system is indicated for use in minimally invasive urologic surgical procedures including prostatectomy, nephrectomy, and cystectomy – common procedures that account for about 230,000 surgeries per year in the U.S.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MDT:
- Medtronic begins U.S. commercial launch of MiniMed 780G system
- Teva, Amgen, Rithm, Fastly, Medtronic: Major Stock Moves!
- QuantumScape, Medtronic, MP Materials, Canadian Solar, AeroVironment: Trending by Analysts
- Medtronic price target raised to $110 from $103 at Truist
- Medtronic price target raised to $111 from $109 at Barclays
