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Johnson and Johnson agrees takeover of Orthotaxy
Johnson and Johnson has announced the acquisition of the medical technology firm Orthotaxy for an undisclosed fee.
Orthotaxy is a developer of software-enabled surgery technologies, including a differentiated robotic-assisted surgery solution that is currently in early-stage development for total and partial knee replacement.
Johnson and Johnson is hoping to broaden the application of this system for a range of orthopaedic surgery procedures, and to provide benefits in terms of cost-effectiveness, time-efficiency and user-friendliness.
This acquisition underscores the company's commitment in building an innovative and comprehensive digital surgery platform, as Johnson and Johnson is looking to focus on digital technology solutions spanning the full continuum of care.
Ciro Romer, chairman of Johnson and Johnson's orthopaedics business DePuy Synthes, said: "The team at Orthotaxy has significant expertise and passion in developing this platform, and we aspire to bring to market a differentiated technology that helps improve clinical outcomes and increases patient satisfaction."
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