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MIS device cuts instrumentation price from $2M to $500

Written by  Adam Schrag | Wednesday, 22 February 2017 21:44
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Ann Arbor, Mich.-based startup FlexDex Surgical has released a minimally invasive device being hailed for its quality as well as its cost effectiveness.

Here are five things to know:


1. Surgical robotic machines made to conduct similar procedures cost around $2 million while FlexDex is being sold for $500.

 

2. Mounted on the surgeon's arm, FlexDex mimics the surgeon's movements to stick inside the body.

 

3. FlexDex Surgical Co-Founder Shorya Awtar says, "We've disrupted the paradigm where surgeons and hospitals had to choose between high cost/high function and low cost/low function."

 

4. The device uses its patented "virtual center" to rotate at the same point as the surgeon's wrist.

 

5. The device is FlexDex Surgical's first product since its founding in 2014.

 

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Medtronic's Q3 revenue up 5%, spine revenue growth strongest in 7+ years: 7 key notes

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