Brainlab buys orthopedic imaging co Voyant Health for $10m (Globes)
Brainlab Acquires Voyant Health (press release)
MUNICH and TEL AVIV, Israel, June 6, 2011 /PRNewswire via COMTEX/ — Brainlab announced today that it has entered into a definitive agreement to acquire Voyant Health.
Voyant Health’s core technology, TraumaCad , allows orthopedic surgeons to access patient images online and to plan and digitally template surgical procedures from anywhere – the clinic, the home, the hospital or the operating room (OR). Another key technology is VoyantLink(TM), which makes it easier for hospitals and care providers to obtain diagnostic images from their referral network. It eliminates the cumbersome and time-consuming manual transfer of images by CDs, and allows fast, easy and secure transfer of images through the Web to the hospital without VPNs or other expensive middleware. Images are uploaded by the referring center using a secure VoyantLink website, which are then sent automatically to the hospital PACS.
Voyant Health’s technology complements Brainlab in several ways. Brainlab will create new possibilities in orthopedics with the integration of TraumaCad and OrthoWeb(TM) with Brainlab orthopedic surgical navigation technology. VoyantLink will expand the framework for Quentry(TM), the groundbreaking online network for physicians developed by Brainlab.
“Brainlab and Voyant Health are incredibly synergistic, both in people and technology,” Stefan Vilsmeier, CEO of Brainlab, said. “By combining the capabilities of VoyantLink, OrthoWeb and Quentry, not only will we make diagnostic images available anytime and anywhere, but enriching, sharing and using that data for surgical treatment will be easier than ever. Brainlab also values Voyant Health’s strong PACS and distributor partnerships, and we plan to strengthen these relationships by adding more surgical planning options to their portfolio.” He added, “However, more than technology, it’s about the Voyant Health team – with Brainlab providing the resources and reach, their incredibly innovative ideas can change the world.” Starting in July 2009, Munich-based Brainlab and Tel Aviv-based Voyant Health began a partnership to broaden the reach of surgical planning by improving and easing access to images. When combining Voyant Health’s orthopedic templating product with Digital Lightbox by Brainlab, the companies saw more opportunities.
“Brainlab provides expanded reach and distribution that will allow Voyant Health technology to reach more healthcare facilities and their referral networks, as well as provide a gateway for Voyant Health technology into markets like neurosurgery and radiotherapy,” Zeev Glozman, CEO of Voyant Health, said. “By enabling surgical treatment planning in the cloud, we will make life much easier for imaging centers, healthcare providers and surgeons, with an end goal to improve treatment while saving costs.” About Voyant Health Voyant Health has one mission: dramatically improve the orthopedic surgeon’s work life to support high-quality care and allow more time with patients. We help surgeons do this every day by delivering integrated workflow solutions for the clinic, the hospital, the operating room and beyond.
TraumaCad , our surgical planning solution, allows surgeons to replicate every action currently performed by tracing on x-ray films, only more conveniently and much faster. TraumaCad is installed at over 1,000 locations in ten countries, including hospitals, clinics and academic institutions. OrthoWeb(TM) is a highly-secure Web-based environment allowing surgeons to upload and access templated images and surgery specifications over the internet–extending their planning beyond the clinic, even into the operating room. VoyantFlow(TM) provides effortless distribution of patient images to exam rooms. Walk into the exam room, swipe a card, and instantly view the patient’s images.
About Brainlab Brainlab develops, manufactures and markets software-driven medical technology that supports targeted, less-invasive treatment. Core products are image-guided systems and software that provide real-time information used for surgical navigation and radiosurgical planning and delivery.
Brainlab technology drives collaboration between hospitals and clinicians from a wide variety of subspecialties–from neurosurgery and oncology to orthopedics, ENT, CMF and spine & trauma. This integration delivers better access to improved and more efficient treatment.
Founded in 1989, the privately held Brainlab group has more than 5,000 systems installed in over 80 countries. Based in Munich, Germany, Brainlab employs 970 people in 16 offices worldwide.