Curated News
By: NewsRamp Editorial Staff
August 28, 2024
Monogram Technologies and Shalby Limited Partner for Robotic Orthopedic Surgery Clinical Trial
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- Monogram's strategic partnership with Shalby Limited secures a competitive advantage in India's growing orthopedic surgery market.
- Monogram's mBȏs TKA System for robotic orthopedic surgery and implants comprises over 750 precision parts, nearly two-dozen patent applications, and 1.5 million-plus lines of code.
- The collaboration between Monogram and Shalby aims to improve patient outcomes and capitalize on India's booming population to provide better orthopedic care.
- Led by founder Vikram I. Shah, Shalby Limited is the biggest orthopedic hospital chain on the planet and is uniquely positioned to advance the field of orthopedic surgery.
Impact - Why it Matters
This news matters because it signals a major advancement in the robotic orthopedics industry, opening the door for Monogram Technologies to capitalize on the underpenetrated Indian market for robotics. The partnership with Shalby Limited could pave the way for future collaborations and expansion opportunities, ultimately impacting the future of orthopedic surgical technology.
Summary
Monogram Technologies (NASDAQ: MGRM) has formed a strategic partnership with Shalby Limited (NSE: SHALBY), a leading orthopedic hospital group in India, to conduct a multicenter clinical trial campaign demonstrating the safety and effectiveness of Monogram’s flagship mBȏs TKA System for robotic orthopedic surgery and implants. The collaboration will provide Monogram with access to Shalby’s network of seasoned knee replacement surgeons, while Shalby will enroll patients throughout India to assess the success of Monogram’s technology with the hospital group’s Consensus Knee System (CKS) implant. The venture aims to capitalize on the underpenetrated Indian market for robotics, which is rapidly growing, and has the potential for future collaborations after the trial.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Monogram Technologies and Shalby Limited Partner for Robotic Orthopedic Surgery Clinical Trial
