• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Emerging Technology Market
    Emerging Technology News
    Emerging Technology Stocks
    • Emerging Technology Market
    • Emerging Technology News
    • Emerging Technology Stocks
    3d printing investing

    3D Systems and Stryker Ink Deal to Advance Personalized Surgery

    Jocelyn Aspa
    Jan. 22, 2018 04:00PM PST
    Emerging Technology
    3D Printing Investing

    The companies announced a partnership whereby they will work to advance craniomaxillofacial procedures and improve personalized surgical planning and techniques.

    3D printing giant 3D Systems (NYSE:DDD) and medical technology buff Stryker (NYSE:SYK) are teaming up together in a big, big way. 
    Last week (January 17), the companies jointly announced a distribution partnership for VSP® (Virtual Surgical Planning) and craniomaxillofacial proficiencies in efforts to increase the availability of personalized surgical planning and techniques for healthcare professionals.
    According to the release, the VSP technology–which was initiated by 3D Systems–received FDA market clearance “as a service-based approach to personalized surgery, combining expertise in medical imaging, surgical simulation and 3D printing.”


    Surgeons initiate the process by planning online meetings with a 3D Systems biomedical engineer, which then simulates and strategizes the surgical agenda. The desired outcome is a digital plan that is transferred to the operating room through accurate 3D printed patient-specific models, guides and templates–effectively cutting down surgeon and patient time in the operating room.
    “With the advancement of 3D printing, combined with the surgeon’s ability to use our Virtual Surgical Planning and anatomical modeling technologies, a patient’s life can be forever changed,” said Kevin McAlea, executive vice president, general manager, metals and health care at 3D Systems. “It provides surgeons with the ability to have a clear 3D visualization of a patient’s anatomy and to develop a customized surgical plan prior to even entering the operating room.”
    Already, 3D Systems has provided the VSP or anatomical services in more than 100,000 cases. With the addition of Stryker’s Craniomaxillofacial–which provides patient-specific options–the new partnership looks to provide next level service in the healthcare industry.
    While it’s not clear as to when the agreement is slated to officially begin, the joint statement indicates the deal will be specific to the US, Canada and Europe.
    In the days following the announcement, shares of 3D Systems have surprisingly taken a hit, falling 4.53 percent since Wednesday to $10.22 as of Monday’s (January 22) close.  TipRanks.com analyst ratings and price targets on the company currently have 3D Systems as a “Hold”–with one buy, five hold and two sell, while the average analyst price target is currently $9.71 with a high of $11 and a low of $7 over the next 12 months.

    On the other hand, shares of Stryker have responded more favorably to the partnership, rising 1.94 percent since the announcement to reach $162.52 at market close on Monday. According to TipRanks.com, analyst consensus currently has Stryker at a “Moderate Buy” based on 12 analyst ratings. Over the next 12 months, Stryker’s price target is $168, with a high of $179 and a low of $156.

    Don’t forget to follow us @INN_Technology for real-time news updates! 
    Securities Disclosure: I, Jocelyn Aspa, hold no direct investment interest in any company mentioned in this article. 

    health careeurope3d systems3d printingcanadamedical technology3d printing investing
    The Conversation (0)

    Go Deeper

    AI Powered
    Medical devices on a desk.

    How to Invest in Medical Device Stocks and ETFs

    Surgeons stand around a hospital bed with patient on it and a surgical robot above it.

    8 Surgical Robotics Stocks

    Latest News

    Shell Contract Consolidates Top Tier Global Energy Position

    Trading Halt

    Apple debuts iPhone 17

    Introducing iPhone Air, a powerful new iPhone with a breakthrough design

    Apple unveils iPhone 17 Pro and iPhone 17 Pro Max, the most powerful and advanced Pro models ever

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Emerging Technology Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×