Enterprise meeting with prospective investors and tactic to finalize $ten million Series A funding round

DANA POINT, Calif., March 16, 2023 (GLOBE NEWSWIRE) — Caira Surgicala pioneer in radar surgical tracking for navigation and robotic joint replacement surgery, announced right now that John Greenwald, Chief Executive Officer, will present at the fourth annual Life Science Intelligence (LSI) USA ’23 Emerging Medtech Summit on March 22, 2023 11:30 Pacific Time (Track 1) in Dana Point, California.

The presentation will highlight Caira’s mission to make sophisticated orthopedic technologies a lot more accessible to surgeons, individuals, ambulatory surgery centers (ASCs) and hospitals worldwide by eliminating barriers to adoption inherent in current technologies with the target of disrupting the $13 billion joint replacement industry with Caira’s superior , proprietary technologies. The business will also introduce investors and tactic to its very first solution – the Caira Radar Navigation Technique for Total Knee Replacement (TKR). TKR is the biggest joint replacement segment by process volume, as properly as the segment with the highest patient dissatisfaction price and highest audit burden.

The Caira TKA Radar Navigation Technique is the very first sub-millimeter precision radar tracking program for orthopedic surgery and presents considerable improvements more than the high-priced, big-footprint surgical hardware and invasive surgical hardware provided by present surgical navigation and robotic systems. Working with sophisticated radar surgical tracking and speedy landmark registration, the Caira program seamlessly integrates into the surgeon’s workflow, enhancing accuracy, efficiency and repeatability whilst lowering price, complexity and lots of of the dangers connected with legacy technologies.

“Orthopedic surgeons require sophisticated technologies that align with price, efficiency and patient demands for the quickly developing international joint replacement industry,” mentioned co-founder Caira Morteza Meftah, MD, associate professor of orthopedic surgery at NIU Langone Healthcare Center and president of the International Society for Technologies in arthroplasty. “I think the Caira TKA Radar Navigation Technique will entirely adjust the navigation and robotics paradigm in arthroplasty – offering a improved solution for surgeons, hospitals and ASCs worldwide, whilst enhancing patient outcomes.”

By offering a minimally invasive and price-helpful resolution, Caira Surgical’s technologies is a considerable improvement that assists overcome barriers that have prevented broad industry adoption of current robotic and navigation systems. At present, these sophisticated technologies are only employed in significantly less than 20% of TKA procedures due to their inherent disadvantages, such as high-priced capital gear and single use per operation, complicated workflows and extended process time, added incisions, and invasive surgical hardware that can improve post-operative discomfort. and complications.

“The Caira TKA Radar Navigation Technique addresses each and every of these shortcomings to actually revolutionize orthopedic surgery,” mentioned Caira Surgical CEO Jon Greenwald. “It was created to address the frustrations we’ve heard from surgeons, hospitals and ASCs considering the fact that surgical navigation and robotic technologies have been very first introduced in the 1990s, such as workflow, complexity, invasiveness and price.”

Caira Surgical is presently raising a $ten million Series A funding round. The Series A funding will be employed to continue solution improvement and R&D and assistance a restricted industrial release of the Caira TKA Radar Navigation Technique in 2024. These attending the Emerging Medtech Summit who are interested in scheduling a 1-on-1 meeting with Caira Surgical senior management can do so by emailing ir@cairasurgical.com.

LSI USA ’23 is the top health-related technologies and partnership occasion with a lot more than 250 innovators pitching to a lot more than 1,000 best investors and strategists. The occasion will take location March 20-23, 2023 at the Waldorf Astoria Monarch Beach Resort & Club in Dana Point, California. Caira Surgical will be presenting as element of Track 1 on Wednesday, March 22nd from 11:30 AM to 11:39 AM PT. For a lot more information and facts, go to https://www.lifesciencemarketresearch.com/medtech-summit-2023.

About Caira Surgical
Caira is revolutionizing the usability, price-effectiveness, security and accessibility of sophisticated surgical navigation and robotics for orthopedic surgery. The company’s very first solution is a navigation program for total knee replacement. Working with Caira’s sophisticated, proprietary sub-millimeter precision radar surgical tracking technologies, Caira Surgical Navigation eliminates the line-of-sight distractions, invasive surgical instruments, and numerous incisions inherent in current surgical tracking systems. Caira’s technologies enables a straightforward workflow and drastically reduces the price and complexity of utilizing sophisticated technologies in joint replacement surgery. The business focuses on developing technologies that overcomes barriers to adoption to make sophisticated technologies a lot more accessible to surgeons, individuals, hospitals and ambulatory surgery centers (ASCs) about the planet. For a lot more information and facts, go to cairasurgical.com.


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