THINK Surgical Announces Collaboration with Definition Health
(FREMONT, CA) December 5, 2022 – THINK Surgical, a technology innovator developing orthopedic surgical robots, today announced a collaboration with UK based digital health company, Definition Health. The companies will jointly develop a seamless, web-based, connected care solution to enhance the surgical planning experience for surgeons using THINK’s robotic technologies for joint replacement surgery. This web-based solution will support all of THINK’s robotic products, including new product launches planned for 2023. In addition, this web-based solution will incorporate Definition Health’s Total Digital Surgery platform which assists hospitals and surgeons in achieving workflow efficiency, improved perioperative care and virtual follow up for surgical patients. Definition Health’s platform is widely deployed in the UK with customers reporting improved profitability for surgical service lines as well as improved patient and provider satisfaction rates. To date, over 100,000 surgical episodes have been managed by customers using this platform. “We are excited about this collaboration because it will enable a consistent customer experience across of all our products and provide added value options for our customers.” said Stuart Simpson, chief executive officer. “We believe this [...]
THINK Surgical Announces Experienced Commercial Leadership Team
(FREMONT, CA) November 14, 2022 - THINK Surgical, a technology innovator developing orthopedic surgical robots, today announced the implementation of a new, experienced commercial leadership team. Following a recent successful financing round which will enable accelerated commercialization of several new products, THINK Surgical is excited to introduce the leadership team who will lead this effort. Under the direction of Chris Fronk, Chief Commercial Officer, the following team will be responsible for building out THINK Surgical’s sales and marketing capabilities. Nick Margree, Vice President Marketing - comes to THINK with 25+ years of sales and marketing experience in the medical device industry. Mr. Margree has extensive experience in general management and brand strategy for robotic, digital, and consumable technologies within the global orthopedics market. He most recently was instrumental in developing the European ortho robotics market. Jesse Kline, Sales Director, East - has 13+ years of experience in the medical device industry. He is a proven sales leader of robotic systems in both hard and soft tissue and has a strong orthopedic background having sold implants for 2 of the 4 [...]
THINK Surgical Raises $100 Million to Accelerate Commercialization of Robotic Surgery Products
(FREMONT, CA) October 26, 2022 - THINK Surgical, a technology innovator developing orthopedic surgical robots today announced that KDB Investment Global Healthcare of Korea, a new investor, has invested $100M in the company to enable a faster commercial launch of several new products. This investment will allow THINK Surgical to bring new products to market which will offer a common planning solution across multiple robotic platforms along with a choice of implants from different manufacturers. This investment will enable THINK Surgical to achieve its full potential as a leader in the orthopedic surgical robot space with a differentiated business model. THINK Surgical is committed to advancing robotic systems for joint replacement surgery that feature an open implant library. This approach offers customers a compelling alternative to closed systems which are limited to a single manufacturer’s implants. The opportunity to use implants from multiple implant manufacturers in combination with THINK’s robotic technology, allows surgeons to access the benefits of robotic assisted surgery and choose the implant that is best for each individual patient. “We are extremely excited to strengthen our financial [...]
THINK Surgical and Curexo Announce Entry Into Development and Distribution Agreement
(FREMONT, CA) August 1, 2022 – THINK Surgical, Inc., an innovator in the field of orthopedic surgical robots, today announced its entry into a development and distribution agreement with Curexo, Inc., a medical robotics specialist company based in South Korea. THINK and Curexo have a strong working relationship based on historical development collaboration and Curexo distributes THINK’s TSolution One™ platform in Korea and Vietnam. Under the development and distribution agreement, THINK and Curexo will work together to include certain existing THINK technology and certain newly developed technology in Curexo’s CUVIS-Joint orthopedic surgical robot platform. THINK will have exclusive rights to distribute the CUVIS-Joint robotic platform, including the additional technology, in the United States and other countries, including the United Kingdom and certain countries in the European Union. The CUVIS-Joint robotic platform is currently being used by surgeons in Korea and India with great success. To date over 4,000 procedures have been performed. Curexo will continue to commercialize the CUVIS-Joint robotic platform, including new technology developed with THINK, outside of the countries in THINK’s distribution territory. Curexo will also continue to [...]
Think Surgical Appoints Park Mehendale as Vice President of Operations
(FREMONT, CA) July 26, 2022 - THINK Surgical, Inc., an innovator in the field of orthopedic surgical robots, today announced the appointment of Parikshit (Park) Mehendale as vice president of operations. Mr. Mehendale brings nearly 20 years of global operations, supply chain, and engineering management experience to the THINK organization. At THINK, Mr. Mehendale will lead supply chain, strategic sourcing, and new product transfer to operations. Before joining THINK, Mr. Mehendale served as vice president of manufacturing at Conformis Inc., where he led operations, manufacturing engineering, and new product commercialization efforts across multiple sites. Prior to Conformis, Mr. Mehendale served in leadership roles at Stryker, Zimmer-Biomet, and United Technologies. “We are excited that Park has joined our leadership team.” said Stuart Simpson, president, and chief executive officer of THINK Surgical. “This is a particularly significant time for Park to join THINK as we prepare to commercially launch multiple new robotic systems. I am confident that Park’s experience and motivation make him particularly well suited to optimize supply chain management of our complex robotic systems and lead the transfer of these products [...]
Chris Fronk Promoted to Chief Commercial Officer of THINK Surgical
(FREMONT, CA) July 14, 2022 - THINK Surgical, Inc., an innovator in the field of orthopedic surgical robots, today announced the appointment of Chris Fronk as the Chief Commercial Officer. Mr. Fronk joined THINK Surgical in January 2022 as VP Sales and has added tremendous value to the company in a short period of time. Based on his nearly two decades of experience in selling enabling technologies such as navigation and surgical robots, Mr. Fronk has great instincts regarding customer expectations, commercial models and user experiences with enabling technologies. He also has great instincts for talent. These instincts will allow Chris to build a powerful commercial team and shape an effective commercial strategy for THINK Surgical. In this expanded role, Mr. Fronk will be responsible for defining the user needs for products in development as well as building a sales and marketing organization ahead of important new product introductions in both the US market and elsewhere around the world. “We are delighted that Chris has joined our executive leadership team.” said Stuart Simpson, president and chief executive officer of THINK Surgical. “Chris [...]
THINK Surgical and Concordia University Receive NSERC Alliance and MEDTEQ+ 3-Year Grant to Develop Artificial Intelligence for Robotic Surgery
THINK Surgical, Inc., a leading innovator in the field of robotic surgery, is pleased to announce a collaborative project between Concordia University and THINK Surgical funded by the Natural Sciences and Engineering Research Council (NSERC) of Canada and MEDTEQ+. The focus of this project will be on developing advanced image registration algorithms using machine learning and Artificial Intelligence (AI). The results may then be incorporated in THINK Surgical’s next-generation robotic solutions for orthopedic surgery. NSERC is the national funding agency of the Government of Canada and will be supporting this project under the Alliance program, whose grants are peer-reviewed and highly competitive. MEDTEQ+ is the pan-Canadian industry-led consortium for research and innovation in medical technologies. The total direct funding for the research is more than $250,000 over three years. “This grant will support ground-breaking research intended to improve the performance of existing and new clinical systems, thereby benefiting patients through improved clinical outcomes,” said Prof. Hassan Rivaz, the project’s primary investigator. “THINK Surgical’s open-platform is an excellent option for AI-powered applications.” Prof. Rivaz directs the IMage Processing and Characterization of [...]
David C. Dvorak Invests $5 Million in THINK Surgical
THINK Surgical, Inc., an innovator in the field of orthopedic surgical robots, today announced the investment of $5 million dollars in THINK Surgical by David Dvorak. This investment was completed through Black Lake Expeditions, LLC, an entity for which Mr. Dvorak serves as managing director. Mr. Dvorak became THINK Surgical's Executive Chairman of the Board last year following an extensive search process. Mr. Dvorak had a successful 16-year career at Zimmer Biomet Holdings, Inc. where he most recently held the position of president and chief executive officer for a decade. "Since becoming THINK Surgical's Chairman, I have gained a much deeper understanding of THINK's overarching strategy and vision, current product offering and future technology pipeline, as well as the strength of its leadership team," said Mr. Dvorak. "Given his track record of success over decades with Stryker Corporation, including his time as president of the Joint Replacement Division and his experience with Mako robotic-arm technology, Stuart Simpson is uniquely qualified to lead THINK. I am highly confident that under Stuart's leadership THINK will execute its compelling plans with precision and [...]
Centennial Hills Hospital Medical Center is the First Hospital in the Western United States to Perform a Total Knee Replacement Procedure with THINK Surgical’s Leading Robot System
THINK Surgical, Inc., an innovator in the field of orthopedic robotic surgery, proudly announced Centennial Hills Hospital Medical Center became the first facility in the western United States to utilize the latest iteration of the TSolution One robot from THINK Surgical. The system, manufactured by the Fremont, CA - based company features a true, active robot which supports a choice of knee implants from multiple manufacturers in its open implant library. The TSolution One® System from THINK Surgical is the only surgical robot for TKA that allows choice across a library of implants from different manufacturers, facilitating greater choice and patient customization. The procedure was performed by Ronald Hillock, M.D., an orthopedic surgeon on staff at Centennial [...]
Hackensack University Medical Center is the First Hospital on the East Coast to Perform Total Knee Replacement Procedures with THINK Surgical’s Next-Generation Robot System
Hackensack University Medical Center, a national leader in orthopedic care and robotic surgery, recently completed the first total knee replacement on the East Coast using the newest generation of the TSolution One robot from THINK Surgical. The system, manufactured by the Fremont, CA - based company features a true, active robot which supports a choice of knee implants from multiple manufacturers in its open implant library. The procedure was performed by Yair D. Kissin, M.D.*, vice chair, Department of Orthopedics at Hackensack Meridian Health Hackensack University Medical Center. Dr. Kissin praised the system saying, "I am pleased to be able to offer this state-of-the-art technology to my patients. The robot makes incredibly accurate cuts which is important to ensure proper fit of the implant and avoid [...]
Chris Fronk is THINK Surgical’s New Vice President of U.S. Sales
Chris Fronk is THINK Surgical's New Vice President of U.S. Sales THINK Surgical, Inc., an innovator in the field of orthopedic surgical robots, today announced the appointment of Chris Fronk as the Vice President of U.S. Sales. Mr. Fronk's nearly two decades of experience in selling enabling technology in Orthopedics, makes him the ideal person to head up the U.S. sales team at THINK Surgical. Chris had a successful 17-year career at Stryker Corp. where he sold orthopedic instruments, surgical navigation, and most recently, MAKO surgical robotics technologies. He routinely placed in the top few places in Stryker's highly competitive sales rankings and often achieved the coveted number one spot. As a result, Chris was recognized by Stryker with [...]
Golden Valley Memorial Healthcare is First Hospital in Missouri to Perform Total Knee Replacement Procedures with THINK Surgical’s Next-Generation Robot System
THINK Surgical, Inc., a leading innovator in the field of orthopedic robotic surgery, announced that Golden Valley Memorial Healthcare (GVMH) in Clinton, MO is among the first healthcare facilities to employ the second-generation TSolution One® robot for total knee arthroplasty (TKA). James Womack, M.D., a board-certified orthopedic surgeon and fellow of the American Association of Hip and Knee Surgeons, performed the first procedure with the new system on November 23, 2021. THINK's TSolution One system is the only robot for TKA that provides a library of implants from different manufacturers, facilitating greater choice and patient customization. "THINK Surgical is looking forward to supporting GVMH in its efforts to provide patients with the most technologically advanced treatment options," said Stuart F. Simpson, president and CEO of THINK Surgical. "As demonstrated [...]
David C. Dvorak is THINK Surgical’s New Executive Chairman of the Board of Directors
THINK Surgical, Inc., an innovator in the field of orthopedic surgical robots, today announced the appointment of David C. Dvorak as the Executive Chairman of its Board of Directors. Mr. Dvorak's decades of experience in the medical device industry, particularly in the orthopedics industry and enabling technologies for orthopedic surgery, makes him the ideal person to chair the THINK Surgical Board of Directors. THINK Surgical, Inc. announced the appointment of David C. Dvorak as the Executive Chairman of its Board of Directors. Mr. Dvorak had a successful 16-year career at Zimmer Biomet Holdings, Inc. where he most recently held the position of president and chief executive officer for a decade. During his tenure as CEO, David successfully executed [...]
St. Vincent Charity Medical Center is First Hospital in Ohio to Perform Total Knee Replacement Procedures with THINK Surgical’s Next-Generation Robot System
THINK Surgical, Inc., an innovator in the field of orthopedic robotic surgery, announced that St. Vincent Charity Medical Center in Cleveland is among the first healthcare facilities in the United States and the first healthcare facility in Ohio to utilize the second-generation TSolution One® Total Knee Application for total knee arthroplasty (TKA). Bernard Stulberg, M.D., a renowned orthopedic surgeon, performed the first procedure with the new system on August 27th. THINK's TSolution One is the only robot system for TKA that supports an open implant library, giving surgeons a choice of implants from different manufacturers, facilitating greater patient customization. Bernard Stulberg, M.D., an orthopedic surgeon at St. Vincent Charity Medical Center’s Spine and Orthopedic Institute recently performed the first procedure with THINK Surgical’s TSolution One® Total Knee Application [...]