Kinova signs 5 year contract extension for robotic surgery

MONTREAL— Robotics solutions developer, Kinova, has signed of a five-year agreement for robots manufacturing and development with Auris Health, Inc., a subsidiary of Ethicon, Inc.

Kinova says the contract includes the option to extend for a further three years. As part of the agreement, Kinova will continue to support Auris in the expansion of the MONARCH Platform, a robotic technology designed for diagnostic and therapeutic bronchoscopic procedures.

Kinova has had a strategic agreement with Auris for the MONARCH Platform since 2015.

The purpose of the agreement between both companies is to help surgery processes evolve through the use of purpose-built robotic arms.

“An important part of Kinova’s vision is to use medical robotics for optimal patient outcomes and enable humans in the process with better tools. We have worked with the Auris team to advance the development of disruptive robotic solutions for the last 6 years, and we are excited to continue our strategic agreement to help advance the frontier of surgery.” said Charles Deguire, CEO & Co-Founder of Kinova in a statement.

“The MONARCH® Platform demonstrates perfectly Kinova’s capacity to support the robotization, through strategic partnerships and collaborative efforts, of global leaders in the medical device space. Robotics has evolved, there’s this new generation of connected and integrated robots, and we are committed to enabling companies to take full advantage of it.”