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Forsight Robotics

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Forsight Robotics
ISIN🆔
IndustryMedical technology
Founded 📆2020 (2020)
Founder 👔Dr. Daniel Glozman, Dr. Joseph Nathan, and Professor Moshe Shoham
Headquarters 🏙️,
Area served 🗺️
Members
Number of employees
🌐 Website[Lua error in Module:WikidataIB at line 665: attempt to index field 'wikibase' (a nil value). ] 
📇 Address
📞 telephone

ForSight Robotics is an Israeli surgical robotics company. It has developed a surgical robotics platform, ORYOM, to treat widespread eye diseases.[1][2][3]

History[edit]

Surgical robotics were pioneered by Intuitive Surgical in the late 1990s and early 2000s, with robotic-assisted surgery used for laparoscopic, cardiac, and gynecological procedures. Companies like MAKO Surgical (acquired by Stryker) and Mazor Robotics (acquired by Medtronic) expanded the use of surgical robotics to orthopedic and spine surgeries, respectively. In identifying the need for integrating surgical robotics into ophthalmology, Dr. Daniel Glozman, Dr. Joseph Nathan, and Professor Moshe Shoham co-founded ForSight Robotics in 2020. Dr. Daniel Glozman is the inventor of XACT Robotics technology, a surgical robotics system for navigating and guiding needle-puncture procedures. Dr. Joseph Nathan previously directed healthcare commercialization activities at the Technion – Israel Institute of Technology. Professor Moshe Shoham is Professor Emeritus of Mechanical Engineering at Technion, and founded Mazor Robotics and Microbot Medical, among other medical robotics companies.[4][5][6]

The company’s strategic advisory board includes surgical robotics pioneers, among them Dr. Fredric Moll, founder of Intuitive Surgical and Auris Health, and Rony Abovitz, founder of MAKO Surgical. The company came out of stealth in March 2021 with a $10M seed round led by Eclipse Ventures. In July 2022, ForSight Robotics announced a $55M Series A round led by India’s Adani Group. The company has also been awarded several grants from the Israel Innovation Authority’s Companies Incentives Program.[7][8][9][10]

Surgical Robotics in Ophthalmology

An estimated 2.2 billion people worldwide suffer from vision impairment and eye diseases. Of them, about 1 billion suffer from preventable vision impairment. Many of the leading causes of blindness can be prevented with timely surgical care, but a global shortage of ophthalmic surgeons leaves millions without access to surgical treatment annually. With a mean of 31.7 ophthalmologists treating a population of 1 million people worldwide, many patients remain untreated and lose their sight. In addition, cataract surgeries are the most common surgical procedure worldwide, with over 28 million surgeries performed annually. In July of 2021, the United Nations General Assembly approved its first-ever resolution on vision, focusing on the global lack of access to proper eye care and highlighting the importance of eye care to achieving the UN’s 2030 Sustainable Development Goals. Further, the worldwide economic and health burden from vision impairment is estimated to cost $3 trillion annually in lost productivity. ForSight Robotics’ technology aims to increase access to and democratize quality surgical ophthalmic care, beginning with cataract procedures.[11][12][13][14]

ForSight Robotics has developed ORYOM, the first hybrid intraocular robotic ophthalmic platform. ORYOM is based on advanced computer visualization, AI-based machine learning, and microsurgical robotics utilizing 14 degrees of freedom. Its hybrid kinematic structure allows a reach to any point within the human eye. The company claims that the robotic platform is ten times more accurate than the human hand. Leading voices in ophthalmology point to the heightened precision and accuracy that robotics in eye surgery can provide. To date, there are no robotically-assisted surgical platforms on the market for cataracts, glaucoma, or other widespread retinal diseases.[15][16][17][18]

References[edit]

  1. "ForSight wants to end cataracts with its surgery robot". TechCrunch. 2022-07-18. Retrieved 2022-10-17.
  2. "Startup aims to make cataract procedures more effective and scalable". Wall Street Journal. 2022-07-18. ISSN 0099-9660. Retrieved 2022-10-19.
  3. "Israel's robotic eye surgeon promises to counter blindness with guidance of global experts". Mashable.com. 2021-03-09. Retrieved 2022-10-17.
  4. "'Enormous' potential of robotics opens door to next revolution in eye surgery". www.healio.com. Retrieved 2022-10-17.
  5. "Israeli Engineering Pioneer: Soon, Everyone Will Have a Personal Robot – Technion UK". Retrieved 2022-10-17.
  6. "ForSight to advance Oryom robotic platform with latest funding". Firstwordhealthtech.com. Retrieved 2022-10-17.
  7. Heater, Brian (2022-07-20). "Chatting with Ayanna Howard, Ayah Bdeir and Colin Angle". TechCrunch. Retrieved 2022-10-19.
  8. "Israel's ForSight Robotics Develops Vision Saving Surgery". 9 March 2021. Retrieved 2022-10-19.
  9. "Adani Global picks minority stake in Israeli robotics firm for $20 mn". Business Today. 2022-04-06. Retrieved 2022-10-19.
  10. "After cement, Adani forays into healthcare services". The Economic Times. Retrieved 2022-10-19.
  11. "Israel's ForSight Robotics completes Series A round for ophthalmic robotic surgery". www.israelhayom.com. Retrieved 2022-10-17.
  12. "Mazor Robotics founder is at it again, raising $10 million in seed round for new startup ForSight Robotics". Calcalist Tech. 2021-03-09. Retrieved 2022-10-19.
  13. "Adani Targets Health Biz, Forms Arm For Segment | Mumbai News - Times of India". The Times of India. 19 May 2022. Retrieved 2022-10-19.
  14. Gordois, Adam; Cutler, Henry; Pezzullo, Lynne; Gordon, Keith; Cruess, Alan; Winyard, Steve; Hamilton, Wanda; Chua, Kathleen (2012-05-01). "An estimation of the worldwide economic and health burden of visual impairment". Global Public Health. 7 (5): 465–481. doi:10.1080/17441692.2011.634815. ISSN 1744-1692. PMID 22136197. Unknown parameter |s2cid= ignored (help)
  15. Wessling, Brianna (2022-07-21). "ForSight Robotics brings in $55M for robotic cataract surgeries". The Robot Report. Retrieved 2022-11-30.
  16. "Robotic technology in surgery: Surgeon's eye of the future". Ophthalmology Times. 6 May 2020. Retrieved 2022-11-30.
  17. "'Enormous' potential of robotics opens door to next revolution in eye surgery". www.healio.com. Retrieved 2022-11-30.
  18. Gormley, Brian (2022-07-18). "ForSight Robotics Grabs $55 Million for Cataract Surgeries". Wall Street Journal. ISSN 0099-9660. Retrieved 2022-11-30.


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