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Horizon Surgical Systems raises Series A toward robotic eye procedures

Robotics Business Review

Source: Adobe Stock Horizon Surgical Systems Inc., Horizon Surgical develops Polaris Horizon Surgical Systems spun out of UCLA in 2021. The firm is led by two retinal surgeons and supports biotechnology, medical devices, pharmaceuticals, and software in ophthalmology. founder and CEO of Horizon. The Malibu, Calif.-based

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2023 robot orders down 30% from 2022 in North America, according to A3

Robotics Business Review

Source: A3 After two years of record sales, North American robot orders declined by 30% in 2023, said the latest report from the Association for Advancing Automation, or A3. North American automakers pulled back in robot orders last year.

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Frost & Sullivan Awarded Duopharma Biotech with the 2022 Malaysian Company of the Year Award

Frost & Sullivan Manufacturing

Duopharma Biotech delivers accessible and affordable healthcare to the Malaysian population by leveraging biosimilars, which are scientifically approved alternatives to drugs derived from biological sources. An increase in sales in 2021 supports the popularity and competitiveness of Duopharma Biotech biosimilars in the market.

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Universal Robots expands MathWorks partnership, joins Connections Program

Robotics Business Review

Source: Universal Robots Collaborative robots could become easier to program and use, thanks to new developer tools. RoboCup and MathWorks have organized the competition since 2021. Source: Universal Robots The post Universal Robots expands MathWorks partnership, joins Connections Program appeared first on The Robot Report.

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Record 380,000 Robots Working in US Factories

Fastener News Desk

Canada and Mexico Nearshoring efforts have led to changes in economic relationships within North America: China used to be the main source of imports into the US. In Mexico, demand from the automotive industry surged in 2021 and 2022 and declined by 5% to 4,087 units in 2023. All these industries have a high demand for robots.

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Robotic surgery to benefit from advanced processors and AI, says AMD

Robotics Business Review

Source: AMD The need for robotic surgery is well established, but most systems are still costly to purchase, operate, and maintain, noted Advanced Micro Devices Inc. In 2021, almost 644,000 robotic surgeries were performed in the U.S., and that number could reach 1 million in 2028, according to the National Library of Medicine (NLM).

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Canadian Manufactures call for urgent action in budget 2023

Canadian Manufacturing

billion in 2021. The manufacturing sector accounts for nearly 10 per cent of Canada’s real gross domestic product and 2/3 of Canada’s goods exports. Manufacturers employ 1.7 million people in Canada. Total manufacturing sales hit a record high of $718.4