Company:Forsight Robotics

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Short description: Israeli surgical robotics company


Forsight Robotics
IndustryMedical technology
Founded2020 (2020)
FounderDr. Daniel Glozman, Dr. Joseph Nathan, and Professor Moshe Shoham
Headquarters
Israel

ForSight Robotics is an Israeli surgical robotics company that has developed a surgical robotics platform, ORYOM (Hebrew for "Daylight") to treat widespread eye diseases.[1][2][3]

History

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.

In 2020, to address the need for integrating surgical robotics into ophthalmology, Dr. Daniel Glozman, Dr. Joseph Nathan, and Professor Moshe Shoham co-founded ForSight Robotics Glozman is the inventor of XACT Robotics technology, a surgical robotics system for navigating and guiding needle-puncture procedures.Nathan previously directed healthcare commercialization activities at the Technion – Israel Institute of Technology. Shoham is Professor Emeritus of Mechanical Engineering at Technion, and founded Mazor Robotics and Microbot Medical.[4][5][6]

The company’s strategic advisory board includes Dr. Fredric Moll, founder of Intuitive Surgical and Auris Health, and Rony Abovitz, founder of MAKO Surgical. In March 2021 received 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.[7] The company has also been awarded several grants from the Israel Innovation Authority’s Companies Incentives Program.[8][9][10][11]

Forsight Robotics seeks to provide treatment for vision impairment and eye diseases, some of which is preventable by timely surgical care. 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 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.[12][13][14][15]

ForSight Robotics has developed ORYOM, a 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 eye. The company claims that the robotic platform is ten times more accurate than the human hand. Ophthalmology experts believe that robotics will allow for heightened precision and accuracy in eye surgery. To date, there are no robotically-assisted surgical platforms on the market for cataracts, glaucoma, or other widespread retinal diseases.[16][17][18][19]

According to a report in Globes, the ORYOM platform has been used successfully by ophthalmic surgeons for cataract procedures on an animal eye model.[20]

See also

References

  1. ↑ "ForSight wants to end cataracts with its surgery robot" (in en-US). 2022-07-18. https://techcrunch.com/2022/07/18/here-comes-the-scalpel/. 
  2. ↑ "Startup aims to make cataract procedures more effective and scalable" (in en-US). Wall Street Journal. 2022-07-18. ISSN 0099-9660. https://www.wsj.com/articles/forsight-robotics-grabs-55-million-for-cataract-surgeries-11658127603. 
  3. ↑ "Israel's robotic eye surgeon promises to counter blindness with guidance of global experts" (in en-ae). 2021-03-09. https://me.mashable.com/tech/13142/israels-robotic-eye-surgeon-promises-to-counter-blindness-with-guidance-of-global-experts. 
  4. ↑ "'Enormous' potential of robotics opens door to next revolution in eye surgery" (in en). https://www.healio.com/news/ophthalmology/20210412/enormous-potential-of-robotics-opens-door-to-next-revolution-in-eye-surgery. 
  5. ↑ "Israeli Engineering Pioneer: Soon, Everyone Will Have a Personal Robot – Technion UK" (in en-GB). https://technionuk.org/news-post/israeli-engineering-pioneer-soon-everyone-will-have-a-personal-robot/. 
  6. ↑ "ForSight to advance Oryom robotic platform with latest funding" (in en). https://www.firstwordhealthtech.com/story/5617407. 
  7. ↑ [https://en.globes.co.il/en/article-forsight-robotics-raises-55m-led-by-indias-adani-1001418382 ForSight Robotics raises $55m led by Adani, Globes
  8. ↑ Heater, Brian (2022-07-20). "Chatting with Ayanna Howard, Ayah Bdeir and Colin Angle" (in en-US). https://techcrunch.com/2022/07/20/just-like-actuator-only-on-a-wednesday/. 
  9. ↑ "Israel's ForSight Robotics Develops Vision Saving Surgery" (in en-US). 9 March 2021. https://jewishbusinessnews.com/2021/03/09/israels-forsight-robotics-develops-vision-saving-surgery/. 
  10. ↑ "Adani Global picks minority stake in Israeli robotics firm for $20 mn" (in en). 2022-04-06. https://www.businesstoday.in/latest/corporate/story/adani-global-picks-minority-stake-in-israeli-robotics-firm-for-usd-20-mn-328770-2022-04-06. 
  11. ↑ "After cement, Adani forays into healthcare services". The Economic Times. https://economictimes.indiatimes.com/industry/healthcare/biotech/healthcare/after-cement-adani-forays-into-healthcare-services/articleshow/91656160.cms. 
  12. ↑ "Israel's ForSight Robotics completes Series A round for ophthalmic robotic surgery". https://www.israelhayom.com/2022/07/19/israels-forsight-robotics-completes-series-a-round-for-ophthalmic-robotic-surgery/. 
  13. ↑ "Mazor Robotics founder is at it again, raising $10 million in seed round for new startup ForSight Robotics". 2021-03-09. https://www.calcalistech.com/ctech/articles/0,7340,L-3897656,00.html. 
  14. ↑ "Adani Targets Health Biz, Forms Arm For Segment | Mumbai News - Times of India" (in en). 19 May 2022. https://timesofindia.indiatimes.com/city/mumbai/adani-targets-health-biz-forms-arm-for-segment/articleshow/91650570.cms. 
  15. ↑ 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. https://doi.org/10.1080/17441692.2011.634815. 
  16. ↑ Wessling, Brianna (2022-07-21). "ForSight Robotics brings in $55M for robotic cataract surgeries" (in en-US). https://www.therobotreport.com/forsight-robotics-brings-in-55m-for-robotic-cataract-surgeries/. 
  17. ↑ "Robotic technology in surgery: Surgeon's eye of the future" (in en). 6 May 2020. https://www.ophthalmologytimes.com/view/robotic-technology-surgery-surgeons-eye-future. 
  18. ↑ "'Enormous' potential of robotics opens door to next revolution in eye surgery" (in en). https://www.healio.com/news/ophthalmology/20210412/enormous-potential-of-robotics-opens-door-to-next-revolution-in-eye-surgery. 
  19. ↑ Gormley, Brian (2022-07-18). "ForSight Robotics Grabs $55 Million for Cataract Surgeries" (in en-US). Wall Street Journal. ISSN 0099-9660. https://www.wsj.com/articles/forsight-robotics-grabs-55-million-for-cataract-surgeries-11658127603. 
  20. ↑ ForSight Robotics raises $55m led by Adani, Globes




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