Johnson & Johnson, through French affiliate Apsis S.A.S, acquired Orthotaxy, a privately-held developer of software-enabled surgery technologies, including a robotic-assisted surgery solution.
Here are five things to know:
1. Orthotaxy's proprietary technology is currently in early-stage development for total and partial knee replacement. J&J plans to broaden its application for a range of orthopedic surgery procedures.
2. J&J aims to build a robotic-assisted orthopedic surgery solution that is cost-effective, time-efficient and user-friendly in a variety of care settings.
3. Moving forward, J&J will focus on digital technology solutions across the full continuum of care.
4. Robotics entrepreneur Stéphane Lavallée founded Orthotaxy.
5. Financial terms of the transaction will not be disclosed.
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