Medtronic Announces Strategic Partnership with Cornerstone Robotics to Further Expand Global Access to Robotic-Assisted Surgery

Medtronic invests in Pi-Cardia, Cornerstone Robotics (MDT)

Medtronic invests $80M in Pi-Cardia and $700M in Cornerstone Robotics, expanding heart and surgical robotics tech globally. Read more here.

Medtronic Announces Strategic Partnership with Cornerstone Robotics to Further Expand Global Access to Robotic-Assisted Surgery

Partnership expands Medtronic's robotic-assisted surgery portfolio to expand access globally and gives surgeons and health systems more choice and flexibility$700 million investment includes rights to distribute Cornerstone Robotics' Sentire™ surgical system in select markets outside the U.S.Sentire will be a…

Medtronic (MDT) Stock Surges 9% After Strong Q1 Results and Robotics Expansion

Medtronic (MDT) stock jumps 9% after Q1 earnings beat, raised fiscal 2027 guidance, and a $700M robotic surgery deal with Cornerstone Robotics. The post Medtronic (MDT) Stock Surges 9% After Strong Q1 Results and Robotics Expansion appeared first on Blockonomi.

Medtronic (MDT) Stock Rises 9% on Earnings Beat and $700M Robot Surgery Deal

TLDR Medtronic stock rose over 9% in premarket trading after beating Q1 earnings and revenue estimates Adjusted EPS came in at $1.45 vs. the $1.39 Wall Street estimate; revenue hit $9.76B vs. $9.55B expected The company invested $700M for rights to distribute Cornerstone Robotics’ Sentire surgical...