The Three Pillars of Surge-on Medical’s Business Model
Just in case you are wondering how Surge-on Medical makes money, look no further. We do not solely rely on the unique surgical instruments we are developing. In fact, our patented platform technology enables us to have multiple revenue streams we would like to share with you. So, let’s take a look at Surge-on Medical’s business model that is built on three pillars, namely product sales, IP licenses and contract research.
With the regulatory recommendations to switch to cleanable and reusable surgical instruments, several medical companies find themselves struggling to adapt. Most of the already established medical companies supply robust and stiff instruments, while others offer a few complex steering systems that must be discarded after being used a couple of times.
In Germany Digital Health Acts on Official Mission
On November 7, 2019, the Bundestag, Germany’s federal parliament, passed a bill that ushers in a new digital age. The new law – in short form called ‘Digital Care Act’ – will come into effect in early 2020. It will allow physicians to prescribe digital health applications that support or monitor patients; and its official mission is described in the long form of the name: “to enhance medical care through digitization and innovation”.
The Added Value of Steerable Instruments in Orthopaedic Surgery
The Operating Room’s Perspective, Part 1: As Surge-on Medical’s main goal is to empower surgeons, we took on the task of interviewing surgeons and medical practitioners in the orthopaedic area to better understand their perspective on their struggles and their opinion on the Steerable Punch.
Surge-on Medical at the Investors Conference in Frankfurt
Dear investors and friends of Surge-on Medical, At Surge-on Medical we think that it’s always a great thing to meet potential investors directly in person in order to pitch our products and vision, and respond to their questions. So, we packed our bags and hit the road.
What the “Professor of Excellence 2019” of TU Delft Thinks About Our Technology
Another person who was literally instrumental in Surge-on Medical’s formation is Dr. Jenny Dankelman, Professor of Minimally Invasive Surgery and Interventional Techniques at the Biomechanical Engineering Department of the Delft University of Technology.
Digital health is supposed to be one of the saviors for the healthcare systems in aging western societies. Prevention, diagnostics, monitoring and adherence management – the fields of application are wide-ranging, from mass phenomena like diabetes to orphan diseases.
The Steerable Punch is an innovative cutter for knee surgery that is taking the arthroscopy field by storm. Its simplistic design and steerable cable-free mechanism seem to be coming out of a surgeon’s (and CSD staff’s!) dream, making everyone wonder why no one had thought of it before.
Minimally invasive surgeries are still predominantly performed using handheld instruments. As such, surgeons need appropriate tools to translate elaborate hand motions towards the surgical site through the very small incisions that limit their capabilities.