Explorer Surgical Archives - Medical Design Sourcing

Pulmonary embolism startup Flow Medical raises $2M in friends-and-family round

Flow Medical co-founders (from left) Dr. Jonathan Paul, Jennifer Fried and Dr. Osman Ahmed [Photo courtesy of Flow Medical]Flow Medical announced today that it has raised $2 million in a friends-and-family funding round.

Chicago-based Flow Medical is developing a new thrombolysis catheter for treating acute pulmonary embolism (PE). The startup said it will use the funding for R&D and regulatory activities.

Flow Medical is led by co-founder and CEO Jennifer Fried, the co-founder and former CEO of Explorer Surgical. Her co-founders are venous thromboembolism physicians Dr. Jonathan Paul and Dr. Osman Ahmed at The University of Chicago Medical Center.

“This investment not only validates the potential of this groundbreaking technology but also propels us towards our goal of revolutionizing the treatment landscape for PE,” Fried said in a news release. “We are grateful for the confidence our friends and family investors have placed in our t…

What’s next for Jennifer Fried after leaving Explorer Surgical?

Jennifer Fried is the co-founder of Explorer Surgical [Photo courtesy of Explorer Surgical]

Explorer Surgical co-founder Jennifer Fried has resigned from the company after selling it to Global Healthcare Exchange in October.

Fried announced her departure last week on LinkedIn, saying she’s preparing for her next professional chapter.

“It’s bittersweet — I’m so proud of everything our team has built and accomplished,” Fried wrote. “The time has flown by since my first day in the OR almost nine years ago! I am sad to leave our incredible team and customers, but I know that our company is in good hands for its next phase of growth.”

Fried’s last day as Chicago-based Explorer Surgical’s GM was June 30. Ryan Padilla is the new business line leader, Fried said in an interview with Medical Design & Outsourcing.

“He has been a part of …

Pega Medical picks Explorer Surgical’s digital case support platform

Explorer Surgical’s digital case support platform enables the sharing of procedural best practices remotely and real-time collaboration during live procedures. [Image courtesy of Explorer Surgical]Explorer Surgical, a GHX company, announced today that it has expanded its presence in the pediatric orthopedic medical device space after bringing on Pega Medical as a customer.

Founded in 1996, Pega Medical specializes in designing, developing, evaluating, and manufacturing pediatric orthopedic devices. It has business in more than 70 countries.

Pega Medical’s medical device reps and senior-level clinical teams will now access Explorer Surgical’s digital case support platform. The Explorer Surgical platform enables the sharing of procedural best practices remotely and real-time collaboration during live procedures.

“We believe the Explorer Surgical platform will modernize the way our clinical and field sales teams train and support surgeo…

Global Healthcare Exchange acquires Explorer Surgical

[Image from Explorer Surgical]Global Healthcare Exchange announced today that it acquired Explorer Surgical, which will operate as its wholly-owned subsidiary.

Chicago-based Explorer Surgical creates digital procedure playbooks and performance tracking tools while offering telementoring. The company earlier this year announced its intentions to expand its cloud-based digital platform into the robotic surgery space.

GHX believes that, by combining Explorer’s digital tools with its cloud-based supply chain network and capabilities for the collection of data and clinical evidence, the organization will be able to offer a higher quality standard for patient care, according to a news release.

“To succeed in value-based healthcare, organizations must democratize knowledge and data to create more efficient processes and better outcomes,” GHX president & CEO Bruce Johnson said in the release. “Patient care decisions must be grounded i…

MedTech 100 roundup: Industry continues climb

One week after hitting an all-time best mark, the medtech industry has done it again, reaching new heights on Wall Street.

MassDevice‘s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — continued its rise, finishing the week (July 9) at 114.79 points, a rise of 0.2% from the 114.59-point mark registered a week prior on July 2.

The new high comes in was just 0.21 points ahead of the 114.58-point mark set in April — the industry’s all-time best performance before last week beat it by one point.

Medtech’s performance continues to reflect an overall rebound from the struggles brought on by the COVID-19 pandemic, too. The industry has registered a 24.3% rise from the pre-pandemic high of 92.32 (set on Feb. 19, 2020), plus an 84.6% increase from the mid-pandemic low of 62.13 (March 23, 2020).

The positive movement in medtech aligns with an uptick in the overall markets this past week, as the S&P 500 Index ri…

Explorer Surgical expands offerings into robotic surgery space

Explorer Surgical announced today that will expand its cloud-based digital platform into the robotic surgery space.

As a result of the foray into surgical robotics, medical robotics companies will now be able to leverage the Explorer Live digital platform and procedural playbook, video capabilities and data collection offerings to improve workflow and performance.

Get the full story at our sister site, Medical Design & Outsourcing.

Explorer Surgical expands offerings into robotic surgery space

Explorer Surgical announced today that will expand its cloud-based digital platform into the robotic surgery space.

As a result of the foray into surgical robotics, medical robotics companies will now be able to leverage the Explorer Live digital platform and procedural playbook, video capabilities and data collection offerings to improve workflow and performance.

Chicago-based Explorer Surgical said in a news release that the Explorer Live platform offers surgical teams and medical robotics companies access to all images, PDFs and videos about the system, surgical techniques and a step-by-step workflow for each team member in the operating room, with the digital playbook customized to the clinical team’s role, procedure type and surgeon preferences.

Additionally, surgeons can broadcast in real-time to provide clinical education, remote collaboration or demonstrations to potential users, while the platform can capture video and procedural data for …

Explorer Surgical raises nearly $2.6M

Explorer Surgical has raised nearly $2.6 million as it brings on medtech company customers looking to communicate with surgeons remotely.

Chicago-based Explorer Surgical in its Form D filed with the SEC today said it had sought a total of $3.5 million from the money-raise. The funding came from 30 investors.

The company on March 24 said it had brought on 10 new medical device customers in three months. The customers ranged from some of the largest medtech companies to startups including Prytime.

Explorer Surgical in late 2020 introduced an audio/video suite that it said would create “unprecedented” levels of communications to enable medtech sales reps to continue to communicate with surgeons in the OR during the COVID-19 pandemic and beyond.

CEO Jennifer Fried discussed the company’s work during a sponsored interview heard on the DeviceTalks Weekly podcast last year.