Wow! This is a big one!
This big casualty resulted because of runaway expenses and lack of focus. Once again, too much money, not enough focus.
Avail Medsystems was a company founded in 2017 that created a surgical telepresence platform aimed to connect surgeons and care teams to remote experts and device industry representatives to enable collaboration during medical procedures. It allows users to access views from multiple pan-tilt-zoom cameras and external imaging equipment, split the screens to view inputs side by side, annotate, freeze frames, etc. The company also offers consoles that allow the treating physician and other local healthcare professionals to see everything the remote user displays in real-time.
I interviewed the CEO @ Avail on my blog back in 2020 - 6 Questions with Daniel Hawkins, CEO at Avail, who is transforming the way orthopedic procedures will be supported.
I also interviewed the CEO @ Avail on my podcast - #37 - The Future of Surgery Support with the Avail CEO, Daniel Hawkins (60 mins)
Avail raised $128M through Series B before shutting down in Nov 2023.
Avail Medsystems abruptly shuts down (MassDevice)
Avail Medsystems — which emerged from ...
