Zimmer Biomet Holdings, Inc. is acquiring Monogram Technologies Inc., an orthopedic robotics company, for $177 million.
Monogram's technology will enhance Zimmer Biomet's surgical robotics and navigation capabilities, potentially leading to fully autonomous capabilities in orthopedic surgery.
The acquisition is expected to contribute to revenue growth for Zimmer Biomet in 2027 and beyond by expanding its robotic knee adoption and global knee offerings.
Zimmer Biomet's ROSA platform will incorporate Monogram's semi- and fully autonomous robotic technologies, aiming to address various surgical techniques and preferences globally.