![]() (Also see " Robotic-Assisted Surgery: Taking MIS By Storm" - Medtech Insight, 26 May, 2016.) This field has attracted other medtech heavyweights like Johnson & Johnson, which partnered with Verily Life Sciences ( Google Inc.’s former life sciences subsidiary) in March 2015 to form a robotic-assisted surgical platform which was publicly launched as Verb Surgical Inc. The company's systems are primarily used in gynecologic, general, urologic, cardiothoracic, and head and neck surgery. remains the longtime market leader and in 2015 alone, reported $2.38bn in revenues and 652,000 procedures performed with its da Vinci Surgical System. Interest in the robotics surgical space has ramped up significantly in the last few years as companies hope to capture a share of the market, which is projected to reach more than $10bn by 2021. Hermes joined Medtronic through its $50bn blockbuster acquisition of Covidien for the last four years, he has been leading the team that is developing Medtronic’s first surgical robot, a project which was first launched at a pre-acquisition Covidien, in a bid to increase the company's access to the minimally invasive surgery market. It's the ideal platform to nurture innovative new technologies, says Paul Hermes, entrepreneur-in-residence at Medtronic's Surgical Innovations unit and a board member of MindUP. Through the two-year incubator program, entrepreneurs are promised "360-degree support" to help develop fully fledged companies that can reach market. As Israel's first incubator dedicated to digital health innovation, the program is focused on investment in the areas of big data, predictive analytics, telemedicine, cloud computing, wearable and implantable sensors, advanced point of care diagnostics and personalized medicine. ![]() MindUP, a joint venture between Medtronic PLC, IBM, Pitango Venture Capital, Impact 1st Investments and Rambam Medical Center started activities in March 2016. With the explosion of Israeli digital health innovation in recent years, it was merely a matter of time before big players began to sit up and take notice.
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