Could A Rumored Buyout Help Johnson & Johnson Catch Intuitive Surgical?
Summary
Auris has a flexible catheter for lung cancer biopsies that rivals a similar, not-yet-cleared tool from Intuitive Surgical. "J&J management said yesterday that they remain confident on the progress the Verb Surgical team is making regarding its soft tissue robotics platform, and they are sticking with their prior 2020 launch time frame," Henry said. But if the Dow Jones component acquires Auris, it will add a Food and Drug Administration-cleared tool to its repertoire. Moll helped found Hansen Medical, Restoration Robotics ( HAIR ) and Intuitive Surgical. "We see potential development, selling and marketing synergies between Auris Healths robotic technology and J&Js large survival device portfolio and sales force.
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