REMI is an intra-operative platform developed by spine experts. Credit: CHUTTERSNAP on Unsplash.

Medical device company Alphatec (ATEC) has purchased all assets linked to the robotic-enabled minimally invasive (REMI) System from Fusion Robotics for a consideration of $55m.

Developed by spine experts, REMI is an intra-operative platform that incorporates navigation and robotics into spinal surgical procedures using either a 3D imaging scan or 2D fluoroscopic images of the patient.

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REMI has a small, table-mounted navigation system, which helps in positioning instrumentation and implants more accurately during surgery.

The integration of a robotic navigation system into ATEC’s procedural strategy is expected to enhance surgical predictability and decrease radiation exposure, as well as improve intra-operative precision.

ATEC chairman and CEO Pat Miles said: “ATEC’s intention is to further clinical distinction by integrating actionable information into the spine’s procedural workflow.

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“With our SafeOp and EOS systems, we have demonstrated prowess in identifying informational technologies and know-how that can integrate information into spine surgery’s procedural workflow.”

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Meanwhile, ATEC has reported that its total revenue in the first quarter of this year is expected to increase by 52% to more than $108m.

The growth is mainly driven by the rise in surgical revenue growth by more than 53% and surgical volume by around 39%, compared to the same period last year.

Furthermore, the company expects total revenue in 2023 to be roughly $450m, fuelled by surgical revenue of $393m.

Fusion Robotics is a medical device company engaged in the research, development and commercialisation of robotics technologies for use in spinal surgeries.