Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Unlock the editor’s digestion free
FT editor Roula Khalaf, chooses his favorite stories in this weekly newsletter.
Ely cathedral has a thin look among the UK’s leading surgical robotics company Cambridgeshire factory. Inside the spotless building, 13,000 parts are collected in each Versius system, which is used by four robot levers and 3D-vision console.
This is an interesting time in surgical robotics. Technology is widely used in the United States and spread around the world as the world looks at the health and financial benefits of the world. The National Health Service will accelerate the use of robot systems from the robot systems from 10 KEYHOLE procedures that helped technology last week in 10 years.
CMR surgical, a start and promising, where the ring of Life Sciences around Cambridge around Cambridge in 2014 $ 3 billion evaluation. CMR, the dominant produced by the US company produced by the US company is accepted by the Vinci Robot systems.
So I was disappointed to learn CMR hired and could self-sell According to the consultant Oliver Wyman, the next year, a strategic recipient, than independently independently independently independently in the surgical robotics market that can reach $ 14 billion next year. This would be another promising UK technology company after that Oxford ionics and Spectrum.
I went to hoping to explore and find me Cmr The rest independent, but in surgical robotics, this competition has a wider lesson. This shows that the largest and most technologically advanced health market in England is trying to defeat a major problem.
Surgeons, like Vinci, vians and others, use companies and others to facilitate the fact that patients are facilitating accurately. Robuts Surgical instruments are used in keyhole operations where the sticks are included through small cuts. Surgeons control these robot weapons remotely while sitting on nearby electronic consoles.
The idea is to explore the fact that the US defense project is operating away from the battlefields in the Defense Project Department, but later adapted for civil use and was established in the Silicon Valley 30 years ago. As a hospital, 10,000 Da Vinci systems, hospital, reducing the consequences of the consequences of the hospital surgery and the robots were invested in the rapid reduction in patients.
This is a scary number, because by the end of last year, fewer than 200 systems have been installed. Intuitive, a large lead over other companies, many surgeons have a superiority that many surgeons have trained to Vinci Robots in specialties such as prostate cancer. Although the systems are expensive, an average of 1.6 million last year.
However, five founders of the CMR also saw a wise way to exploit the weak point of being the Vinci. Versius Robot sleeves are more modular than the Vinci’s integrated sections, and allow them to be separate between operating theaters or between the hospital. The system has developed less than the last Da Vinci 5, but offers a versatile alternative.
The British company is now in the harsh stage of expanding from a promising start to a global enterprise. There is a twist: the revenues fell last year, because the less part was sold because of a high combination was sold. Massimiliano Colella, New CEO, although I was a loss of £ 130 million in 2024, he said, “There is a long way for non-distant profitability.”
Its investors will then receive “all options”: whether the company is next to the company, openly swim or buy. Meanwhile, it faces another question: how much it costs the US market, because the Verius was approved for the gallbladder operation. This is a great opportunity, but thousands are required to make a heavy investment to travel a lot against the hospital.
Given that fear will immediately take the risks to accept rewards or to achieve a transformative success, they will settle for the past. It would be reasonable: It would be a CMR to achieve a $ 4 billion-whispering sales price, it would be a very good result to start a Cambridge. This would also be a careful choice: Take the victory and don’t flirt with Hubris.
However, there will be another case that the English technological imagination is not equal to the business ambition. Initially, it is easier to start a company and conquer the rest of the world later. However, if the British companies do not believe in themselves, who else will?
