STOCK TITAN

Smith+Nephew personalizes robotic-assisted surgery for patients and surgeons with launch of CORIOGRAPH™ Pre-Operative Planning and Modeling Services exclusively for the CORI™ Surgical System

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Smith+Nephew announced the launch of CORIOGRAPH Pre-Operative Planning and Modeling Services, enhancing its CORI Surgical System for knee arthroplasty procedures. This innovation aims to provide personalized solutions for surgeons and patients, integrating both image-based and image-free registration options. Dr. Steven Haas, an orthopaedic surgeon, recently completed the first procedures using these services, highlighting their potential to improve surgical efficiency and outcomes. The CORI Surgical System is built on over 15 years of expertise and includes tools like the CORI Digital Tensioner and updated RI.KNEE ROBOTICS 3.0 software.

Positive
  • Launch of CORIOGRAPH enhances personalization in knee surgeries.
  • Exclusive use with CORI Surgical System providing flexible, scalable solutions.
  • 15+ years of clinical expertise backs the new services.
  • 350,000+ image-based surgery plans inform the new system.
  • Dr. Steven Haas validates efficiency improvements in first procedures.
  • AI-driven software and CORI Digital Tensioner optimize surgical outcomes.
  • CORI Surgical System offers both image-based and image-free registration.
Negative
  • Potential for high costs associated with adopting new technology.
  • Dependence on surgeon adoption and training for new systems.
  • information on long-term patient outcome improvements.

Insights

The launch of the CORIOGRAPH Pre-Operative Planning and Modeling Services in conjunction with the RI.KNEE ROBOTICS 3.0 Software is a significant step forward in the field of knee arthroplasty. It addresses the need for personalized surgical approaches by allowing surgeons to choose between image-free or image-based registration. This flexibility can enhance patient outcomes by optimizing surgical accuracy and efficiency. The ability to customize pre-operative planning is a game-changer, potentially reducing post-operative complications and improving recovery times.

In addition, the integration of AI-driven software and the CORI Digital Tensioner provides advanced tools for fine-tuning surgical procedures. This holistic approach may set a new standard in orthopedic surgeries. However, the actual impact on patient outcomes will need to be validated through long-term clinical data.

Smith+Nephew's introduction of the CORIOGRAPH services highlights a significant advancement in the medical technology sector, particularly in robotic-assisted surgery. The move to incorporate AI-driven software for pre-operative planning in knee surgeries showcases the company's commitment to innovation. By enhancing the precision and personalization of surgical interventions, Smith+Nephew is likely to strengthen its market position and increase demand for its CORI Surgical System.

Financially, such innovations can justify higher price points and could potentially contribute to higher revenue streams. However, the cost-effectiveness for hospitals and clinics adopting this technology remains to be fully assessed. It's also important to monitor how competitors respond, as rapid advancements in medical technology can quickly shift market dynamics.

The launch caters to an increasing demand for precision in surgical procedures, particularly in the aging population requiring knee arthroplasties. Smith+Nephew's strategy to offer a comprehensive, flexible and scalable robotic system positions them well against competitors. The CORIOGRAPH service, with its image-agnostic capabilities, aligns with trends towards AI and machine learning in healthcare, which investors should note as growth sectors.

However, the long-term success of this innovation will depend on the adoption rate among surgeons and healthcare facilities. Initial high costs may deter some, but for those who prioritize cutting-edge technology and better patient outcomes, the investment could be justified. The key challenge will be to convey the long-term cost benefits to decision-makers in the healthcare sector.

Smith+Nephew (LSE:SN, NYSE:SNN), the global medical technology company, today announces the launch of its new CORIOGRAPH Pre-Operative Planning and Modeling Services, providing an unparalleled, personalized solution for surgeons and patients across partial and total knee arthroplasty procedures. It is exclusively for use with the CORI Surgical System - the only orthopaedic robotic-assisted system to offer either intraoperative image-free or image-based registration, enabling the surgeon to choose whether or not to perform a pre-operative MRI scan.


Delivering solutions for differing patient types coupled with planning and execution tools is essential to personalizing surgery. Robotic-assisted surgery can improve accuracy and reproducibility, and may lead to better patient outcomes compared to conventional techniques.1-3

The first procedures using CORIOGRAPH Pre-Operative Planning and Modeling Services and RI.KNEE ROBOTICS 3.0 Software were recently completed by Dr. Steven Haas, Orthopaedic Surgeon and Chief of Knee Service at the Hospital for Special Surgery in New York. He stated, “We are now truly personalizing surgery and advancing efficiencies with RI.KNEE 3.0 and CORIOGRAPH services. Providing the ability to choose the right imaging modality represents the next paradigm for individualized patient care and brings orthopaedic robotics to another level.”

The CORI Surgical System offers proprietary tools and AI-driven software across the full suite of procedure solutions to deliver a robotics platform that is flexible and scalable across joint arthroplasty indications. Built on 15+ years of clinical expertise and over 350,000 image-based surgery plans, CORIOGRAPH Pre-Operative Planning and Modeling Services is where the surgical journey begins. It is designed to optimize procedures and enable intraoperative efficiencies in conjunction with new RI.KNEE ROBOTICS 3.0 Software, which includes:

  • Image-agnostic registration functionality, including image-based and image-free offerings
  • Optimized knee offering with support for pre-cut tensioning with the CORI Digital Tensioner for partial, total and revision knees

“The introduction of CORIOGRAPH Pre-Operative Planning and Modeling Services signals the next big step in personalized surgery and the evolution of our robotics ecosystem. This combined with the CORI Digital Tensioner will further advance efficiencies for robotic-assisted procedures,” said Mayank Shandil, SVP, Global Marketing – Reconstruction and Robotics at Smith+Nephew.

To learn more about the CORI Surgical System and Smith+Nephew’s digital surgery applications across a range of joint arthroplasty indications, please visit https://www.smith-nephew.com/en/health-care-professionals/products/orthopaedics/cori

- ends –

Enquiries
Media
Dave Snyder          +1 (978) 749-1440 
Smith+Nephew      david.snyder@smith-nephew.com

References

  1. Matsumoto T, Nakano N, Hayashi S, et al. Prosthetic orientation, limb alignment, and soft tissue balance with bi-cruciate stabilized total knee arthroplasty: a comparison between the handheld robot and conventional techniques. International Orthopaedics 2023;47(6):1473-80. doi: 10.1007/s00264-023-05737-6
  2. Crizer MP, Haffar A, Battenberg A, et al. Robotic Assistance in Unicompartmental Knee Arthroplasty Results in Superior Early Functional Recovery and Is More Likely to Meet Patient Expectations. Advances in Orthopedics 2021;2021 doi: 10.1155/2021/4770960
  3. Negrín R, Duboy J, Iñiguez M, et al. Robotic-assisted vs conventional surgery in medial unicompartmental knee arthroplasty: a clinical and radiological study. Knee Surg Relat Res 2021;33(1):5. doi: 10.1186/s43019-021-00087-2 [published Online First: 2021/02/14]

About Smith+Nephew

Smith+Nephew is a portfolio medical technology business focused on the repair, regeneration and replacement of soft and hard tissue. We exist to restore people’s bodies and their self-belief by using technology to take the limits off living. We call this purpose ‘Life Unlimited’. Our 18,000 employees deliver this mission every day, making a difference to patients’ lives through the excellence of our product portfolio, and the invention and application of new technologies across our three global business units of Orthopaedics, Sports Medicine & ENT and Advanced Wound Management.

Founded in Hull, UK, in 1856, we now operate in more than 100 countries, and generated annual sales of $5.5 billion in 2023. Smith+Nephew is a constituent of the FTSE100 (LSE:SN, NYSE:SNN). The terms ‘Group’ and ‘Smith+Nephew’ are used to refer to Smith & Nephew plc and its consolidated subsidiaries, unless the context requires otherwise.

For more information about Smith+Nephew, please visit www.smith-nephew.com and follow us on X, LinkedIn, Instagram or Facebook.

Forward-looking Statements

This document may contain forward-looking statements that may or may not prove accurate. For example, statements regarding expected revenue growth and trading profit margins, market trends and our product pipeline are forward-looking statements. Phrases such as "aim", "plan", "intend", "anticipate", "well-placed", "believe", "estimate", "expect", "target", "consider" and similar expressions are generally intended to identify forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause actual results to differ materially from what is expressed or implied by the statements. For Smith+Nephew, these factors include: conflicts in Europe and the Middle East, economic and financial conditions in the markets we serve, especially those affecting healthcare providers, payers and customers; price levels for established and innovative medical devices; developments in medical technology; regulatory approvals, reimbursement decisions or other government actions; product defects or recalls or other problems with quality management systems or failure to comply with related regulations; litigation relating to patent or other claims; legal and financial compliance risks and related investigative, remedial or enforcement actions; disruption to our supply chain or operations or those of our suppliers; competition for qualified personnel; strategic actions, including acquisitions and disposals, our success in performing due diligence, valuing and integrating acquired businesses; disruption that may result from transactions or other changes we make in our business plans or organisation to adapt to market developments; relationships with healthcare professionals; reliance on information technology and cybersecurity; disruptions due to natural disasters, weather and climate change related events; changes in customer and other stakeholder sustainability expectations; changes in taxation regulations; effects of foreign exchange volatility; and numerous other matters that affect us or our markets, including those of a political, economic, business, competitive or reputational nature. Please refer to the documents that Smith+Nephew has filed with the U.S. Securities and Exchange Commission under the U.S. Securities Exchange Act of 1934, as amended, including Smith+Nephew's most recent annual report on Form 20-F, which is available on the SEC’s website at www. sec.gov, for a discussion of certain of these factors. Any forward-looking statement is based on information available to Smith+Nephew as of the date of the statement. All written or oral forward-looking statements attributable to Smith+Nephew are qualified by this caution. Smith+Nephew does not undertake any obligation to update or revise any forward-looking statement to reflect any change in circumstances or in Smith+Nephew's expectations.

Trademark of Smith+Nephew. Certain marks registered in US Patent and Trademark Office.


FAQ

What is the CORIOGRAPH Pre-Operative Planning and Modeling Service?

It is a new service launched by Smith+Nephew to enhance personalization in knee arthroplasties, exclusively for the CORI Surgical System.

When did Smith+Nephew launch CORIOGRAPH Pre-Operative Planning and Modeling Services?

The launch was announced recently, as per the latest press release.

What is the stock symbol for Smith+Nephew?

Smith+Nephew is listed as SNN on the NYSE.

Who performed the first procedures using CORIOGRAPH services?

Dr. Steven Haas, Orthopaedic Surgeon at the Hospital for Special Surgery in New York.

What are the key features of the CORI Surgical System?

The system offers image-based and image-free registration, AI-driven software, and the CORI Digital Tensioner.

What clinical expertise supports the CORIOGRAPH services?

The services are built on over 15 years of clinical expertise and more than 350,000 image-based surgery plans.

Smith & Nephew plc

NYSE:SNN

SNN Rankings

SNN Latest News

SNN Stock Data

10.81B
435.58M
0.03%
7.58%
0.66%
Medical Devices
Healthcare
Link
United States of America
Watford