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Capstan Medical CEO shares recommendation on nitinol, getting funded by Intuitive Ventures


Capstan Medical CEO shares recommendation on nitinol, getting funded by Intuitive Ventures

Capstan Medical designed its mitral coronary heart valve implant with a self-expanding nitinol body. | Supply: Capstan Medical

Coronary heart illness continues to be a number one explanation for loss of life within the U.S., killing practically 700,000 Individuals every year, based on the Facilities for Illness Management. Santa Cruz, Calif.-based Capstan Medical stated it has been working to merge surgical robotics with catheter-based know-how utilizing supplies resembling nitinol, in addition to next-generation implants.

Maggie Nixon, CEO of Capstan Medical, lately supplied an replace on the startup‘s surgical robots and her perspective on minimally invasive medical know-how. She additionally mentioned her staff’s work with nitinol, current funding from Intuitive Ventures, and what she has discovered about management because the former Intuitive Surgical engineer-turned-executive grew to become Capstan’s CEO.

Nitinol is a virtually equiatomic steel alloy of nickel and titanium with distinctive properties, together with superelasticity (additionally known as pseudoelasticity) and form reminiscence. Superelasticity or pseudoelasticity means medical-grade nitinol reveals nice elasticity underneath stress and might snap again to its authentic form when stress is launched.

The alloy’s properties enable medical gadgets to compress to a decrease profile when being positioned in a affected person utilizing a catheter. Implants made from nitinol resembling coronary heart valves can develop to their meant measurement and form on the web site of implantation and stay contained in the affected person. In the meantime, nitinol remedy gadgets resembling ablation catheters can develop contained in the physique, deal with focused tissue, after which compress once more for retrieval.

Form reminiscence means medical-grade nitinol can bear in mind its authentic form and return to it when heated. For instance, some catheter-delivered implants are designed to develop to their pre-formed form at physique temperature for everlasting placement.

The excerpts beneath have been flippantly edited for house and readability.

Capstan works carefully with nitinol suppliers

Is there something Capstan has discovered about nitinol that you might share with our readers?

Nixon: A few of it’s in our secret sauce, so we prefer to be delicate to it. However what I say greater than something is you’ve bought to accomplice together with your producers. We work so carefully with not simply our nitinol uncooked materials suppliers ensuring that we’re getting a constant provide chain arrange, however we work so carefully with our producer by our growth course of and implementation, during their pilot line transfers and whatnot.

For those who view that as one thing the place you throw it over the wall to a provider and count on that you just’re going to get one thing again that works, it’s simply not the way it works. Nitinol is amongst our closest provider relationships, and we navigate these very rigorously as a result of we view that as a partnership.

Do you need to give a shout-out to any of the companions that you just’re working with on nitinol?

Nixon: We work with Admedes in Germany, and they’re unbelievable companions.

Capstan Medical CEO Maggie Nixon.

Capstan CEO Maggie Nixon. | Supply: Capstan Medical

Nixon shares classes in management

What have you ever discovered about management because you grew to become CEO?

Nixon: I stepped in in 2022 to steer Occam Labs, which is the incubator that Capstan has come out of. After which in 2023, I moved into the targeted Capstan Medical CEO position.

So I went from Intuitive — which was 12,000 or 13,000 folks — into an organization that was 15 folks. The very first thing I did was constructed a desk and a chair and and bought my pc operating. And probably the most unimaginable a part of all of it’s simply the vitality round what we’re in search of to perform. That’s been the thrilling factor.

We’ve grown our staff to most likely a bit over 75 on the Capstan facet alone, however actually what it’s about is everyone’s bought that very same mentality and keenness as we’re in search of to deal with this house and the creativity that we’re bringing to the desk as a way to deal with it in a brand new means.

Conserving that momentum is certainly one of my largest priorities as a frontrunner within the coming years for Capstan. That foundational vitality from the staff goes to gasoline us simply as a lot because the {dollars} that come by the fundraises.


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Intuitive nonetheless a key a part of the community

And every part’s pleasant with Intuitive Surgical?

Nixon: My time at intuitive was immensely helpful, and I’m nonetheless shut buddies and collaborators with them.

Intuitive Ventures continued their funding, and I feel the world of every part that Intuitive is doing. I nonetheless use them deeply in my community.

Do you have got recommendation for methods to get in entrance of Intuitive Ventures or make a deal occur?

Nixon: Muriel Thinard McLane and Vivian Golfin (De Ruijter) and that staff are so energetic. At quite a lot of the funding conferences, you’ll see them on panels and whatnot. Actually, the easiest way to have interaction with them is seize them at a type of conferences.

At the very least that’s my perspective. They’re continuously scanning the surroundings for for unimaginable alternatives, and they’re a few of the most energetic, particularly within the early-stage conferences.”

Editor’s be aware: This text was syndicated from The Robotic Report sibling web site Medical Design and Outsourcing. 

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