Number of the day - €155m
- Enovis said Tuesday it will buy eCential Robotics for 155 million euros (nearly $180 million) upfront to support development of surgical robots for orthopedic procedures.
- Working with the team at France-based eCential, which developed Johnson & Johnson's Velys Spine surgical robot, Enovis aims to start launching products in late 2028.
- The takeover closes Enovis' "most notable competitive gap," formalizing an existing collaboration with eCential and making robotics central to its future, BTIG analysts said in a note to investors.
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