Caira Surgical to Present their Radar Surgical Tracking Technologies for Joint Replacement Surgery at LSI USA ’23 Emerging Medtech Summit

Business meeting with possible investors and strategics to finalize $ten million Series A funding round

DANA POINT, Calif., March 16, 2023 (GLOBE NEWSWIRE) — Caira Surgical, the pioneer in radar surgical tracking for navigated and robotic joint replacement surgery, announced these days that Jon Greenwald, Chief Executive Officer, will present at the fourth annual Life Science Intelligence (LSI) USA ’23 Emerging Medtech Summit on March 22, 2023, at 11:30 a.m. PT (Track 1) in Dana Point, California.

The presentation will highlight Caira’s mission to make sophisticated orthopedic technologies far more accessible to surgeons, individuals, ambulatory surgery centers (ASCs) and hospitals worldwide by eliminating the adoption barriers inherent in current technologies with the target of disrupting the $13 billion joint replacement industry with Caira’s superior, proprietary technologies. The organization will also introduce investors and strategics to its 1st solution – the Caira Radar Navigation Method for Total Knee Replacement (TKR). TKR is the biggest joint replacement segment by procedural volume, as nicely as the segment with the highest price of patient dissatisfaction and the highest revision burden.

The Caira TKA Radar Navigation Method is the 1st sub-millimeter precise radar tracking program for orthopedic surgery and provides substantial improvements more than the higher-price, substantial-footprint and invasive surgical hardware supplied by incumbent surgical navigation and robotic systems. Applying sophisticated radar surgical tracking and speedy landmark registration, the Caira program seamlessly integrates into surgeons’ workflow, enhancing accuracy, efficiency and repeatability whilst simultaneously decreasing price, complexity and a lot of of the dangers related with legacy technologies.

“Orthopedic surgeons have to have sophisticated technologies that are aligned with the price, efficiency and patient outcome requires of the swiftly expanding international joint replacement industry,” mentioned Caira Co-Founder Morteza Meftah, M.D., Associate Professor of Orthopaedic Surgery at NYU Langone Health-related Center and President of the International Society for Technologies in Arthroplasty. “I think the Caira TKA Radar Navigation Method will fully alter the paradigm of navigation and robotics in arthroplasty – giving a greater selection for surgeons, hospitals, and ASCs worldwide whilst also enhancing patient outcomes.”

By giving a minimally invasive and price-effective answer, Caira Surgical’s technologies is a meaningful improvement to assistance overcome the obstacles that have prevented the broad industry adoption of incumbent 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 which includes the highly-priced capital gear and per-surgery disposables, complicated workflows and improved process occasions, more incisions and invasive surgical hardware that can enhance post-operative discomfort and complications.

“The Caira TKA Radar Navigation Method addresses every single of these shortcomings to genuinely revolutionize orthopedic surgery,” mentioned Caira Surgical Chief Executive Officer Jon Greenwald. “It was created to address the frustrations we’ve been hearing from surgeons, hospitals and ASCs due to the fact surgical navigation and robotic technologies had been 1st introduced in the 1990s, which includes workflow, complexity, invasiveness and price.”

Caira Surgical is at present raising a $ten million Series A Funding Round. Series A funding will be employed to drive continued solution improvement and R&ampD and help a restricted industrial release of the Caira TKA Radar Navigation Method in 2024. These attending the Emerging Medtech Summit who are interested in scheduling a one particular-on-one particular meeting with Caira Surgical senior leadership can do so by emailing ir@cairasurgical.com.

LSI USA ’23 is the market-major medtech investment and partnering occasion featuring far more than 250 innovators presenting to far more than 1,000 prime investors and strategics. The occasion will take spot March 20 – 23, 2023 at the Waldorf Astoria Monarch Beach Resort &amp Club in Dana Point, Calif. Caira Surgical will present as component of Track 1 on Wednesday, March 22 from 11:30 – 11:39 a.m. PT. For far more info, take a look at https://www.lifesciencemarketresearch.com/medtech-summit-2023.

About Caira Surgical
Caira is revolutionizing the usability, economics, security, and accessibility of sophisticated surgical navigation and robotics for orthopedic surgery. The company’s 1st solution is a navigation program for total knee replacement. Employing Caira’s sophisticated, proprietary sub-millimeter precise Radar Surgical Tracking technologies, Caira Surgical Navigation eliminates line-of-sight interference, invasive surgical instruments, and numerous incisions inherent in current surgical tracking systems. Caira’s technologies enables a uncomplicated workflow and considerably reduces the price and complexity of using sophisticated technologies in joint replacement surgery. The organization focuses on creating technologies that overcomes adoption barriers to make sophisticated technologies far more accessible to surgeons, individuals, hospitals, and ambulatory surgery centers (ASCs) worldwide. For far more info, please take a look at cairasurgical.com.