Medtronic's (MDT) Hugo RAS System Now Available at UC CHRISTUS
Zacks Investment Research | Jul 22, 2021 08:07AM ET
Medtronic (NYSE:MDT) plc MDT recently announced the integration of its Hugo robotic-assisted surgery (RAS) system at Hospital Clinico de la Red de Salud UC CHRISTUS in Santiago, Chile, to support the teaching institution's new robotic surgery program. UC CHRISTUS is the latest entrant to Medtronic's Partners in Possibility Program. This program consists of a group of pioneering hospitals that will be among the first in the world to use the Hugo RAS system in support of the Hugo system patient registry.
Robotic surgery is a form of minimally-invasive surgery that presents fewer complications, shorter hospital stays, faster return to normal activities, and smaller scars compared to open surgery. Per the company data, open procedures constitute approximately 75% of surgeries in Latin America.
The Hugo RAS system is anticipated to offer a solution to the historic cost and utilization barriers that have kept surgical robotics out of reach for many hospitals. Per the company data, robots are used in less than 3% of surgeries globally despite the several benefits.
The Hugo RAS system is expected to bolster the Surgical Robotics business, which is part of Medtronic’s Medical Surgical Portfolio. The latest integration of Hugo RAS with UC CHRISTUS aligns with the company’s surgical robotics vision to broaden access to quality care and expand its reach across more regions.
h3 Efforts to Expand in Latin America/h3Medtronic opened the new Surgical Robotics Experience Center in Santiago, in partnership with the Faculty of Medicine of Pontificia Universidad Católica de Chile, affiliated with UC CHRISTUS. This center is the company's first in Latin America and 1 of 10 world-class facilities around the globe, intended to enable clinicians experience and train on the Hugo RAS system.
h3 Few Words on Hugo RAS/h3The Hugo RAS system is a modular, multi-quadrant platform which combines the precision of wristed instruments with the flexibility of independent robotic arm carts and best-in-class 3D visualization technology on an open console. It is designed for a broad range of soft-tissue procedures. This system features a cloud-based surgical video capture option powered by artificial intelligence in Touch Surgery Enterprise that permits surgeons to seamlessly record, analyze and share Hugo system case footage.
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The Hugo RAS system is not authorized in the United States or Europe. Its availability and approval will be determined by regulatory requirements of individual countries and regions.
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