Johnson & Johnson and Alphabet-owned Verily, which used to be known by its descriptive name of Google’s life sciences division, are formalizing their partnership announced earlier this year.
Under the deal, the two parties will establish a new company called Verb Surgical that will work to create smaller, smarter and more affordable robotic-assisted systems for surgery than those currently available on the market. Scott Huennekens, former chief executive of medical imaging company Volcano Corp, has been named CEO of the new company, which will be headquartered in Mountain View, California.
J&J’s company that makes equipment for general surgery, Ethicon, designed a basic prototype of the robot last year and expects it to be a “disruptive” alternative to existing products. Said existing products are typically the size of a compact car and require the surgeon to sit at a control panel about 10 feet from the patient.
In comparison, Verb’s robot will be about 20 percent the size, while allowing surgeons to work closer to the patient. Also, this robot is expected to have a price tag that is lower than that of current systems, which can cost $2 million or more.
Finally, whereas current surgical robots are mostly used to remove cancerous prostate glands and in gynecological surgery, Verb expects its products to have a wider use cases, including thoracic surgery, colorectal surgery and bariatric weight loss procedures.
Verb’s robot will be about 20 percent the size, while allowing surgeons to work closer to the patient.“Our goal is to have a lower-cost product, with the smallest footprint, with greater capability, that helps to raise the standard of care,” Gary Pruden, global chairman of J&J’s medical devices group, said in an interview to Reuters. “That would be a market disruption.”
Alphabet on its end would provide the “machine learning” technology to allow these robots to analyze a video library of images from hundreds of previous surgeries in order to instruct the surgeon where to cut. This in turn would make Verb’s robots smarter over time.
However, it will take a few more years before the first Verb robot is up and running…