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Medtronic partners with Cornerstone Robotics, investing $700 million to expand distribution of Sentire™ surgical system.

Sep 02, 20266 days ago

Contract Type

partnership

Hong KongManufacturingBiotechnologyHealth CareMedical DeviceRoboticsmedical devices

Description

Cornerstone Robotics announces a strategic partnership with Medtronic, which includes a $700 million investment. This partnership grants Medtronic distribution rights for the Sentire surgical system outside the U.S. and aims to enhance access to robotic surgery globally.

Company Information

Company

Cornerstone Robotics

Location

Hong Kong, Hong Kong, Hong Kong

About

Cornerstone Robotics is dedicated to delivering robotic systems that make accessible, high-quality surgical care available to patients worldwide. We aspire to create safe, efficient, and precise robots that enhance and expand surgical capabilities. This commitment forms the foundation for developing next-generation robotics to advance future surgical specialties. Founded in 2019, the company has brought together an international team of surgical robotics experts, clinical professionals, and specialists from diverse fields, working across our key innovation hubs in Hong Kong, Shenzhen, Beijing, Shanghai, and Boston.

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Agreement Insights

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Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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