«Vicarious Surgical, which is preparing to make a 510(k) submission for a robotic system to rival Intuitive Surgical’s da Vinci, said it plans to lay off 14% of its workforce in a bid to conserve cash.»
«The action is part of cost reductions that the company says will give it a cash runway of about two years.»
«The medtech sector has been hit with a series of layoff announcements in recent days. Baxter is among the biggest device makers to reduce headcount, eliminating less than 5% of its global workforce, or about 3,000 jobs. Abbott is letting go of temporary workers who produced COVID-19 tests at a facility in Maine.»

Article written by Susan Kelly



Med Tech Dive