Smith+Nephew (NYSE:SNN) shares were little changed Wednesday. The global medical technology company announced it had signed a co-marketing agreement with JointVue for its patented OrthoSonic™ 3D Surgery Planning Technology – the only ultrasound device currently on the market to deliver 3D preoperative planning. JointVue’s technology allows surgeons using Smith+Nephew’s CORI◊ Surgical System for robotic-assisted knee arthroplasty to create a personalized surgical plan, which may provide opportunities to improve patient satisfaction and operating room efficiency.
Pre-operative surgical planning provides the surgeon with information about the patient’s anatomy to help the surgeon determine the preferred implants before the surgery begins. This foresight helps to enable just-in-time delivery of implants and instruments, helping to conserve space and reduce both operating room (OR) time and sterilization costs. The combination of JointVue’s OrthoSonic technology with Smith+Nephew’s CORI Surgical System, known for its small footprint and scalability, offers an ideal solution for Ambulatory Surgery Centers (ASCs) where OR space is limited.
The CORI Surgical System stands out in the market with its image-agnostic registration capabilities, offering both image-free and MRI-powered options for pre-operative planning. Now, with the exclusive adoption of JointVue’s OrthoSonic 3D Surgery Planning Technology for Smith+Nephew implants, surgeons have access to an additional procedural solution that utilizes ultrasound to generate a 3D plan within minutes.
SNN shares shed three cents to $28.44.
