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Why is Johnson & Johnson getting into startups?
Everyone knows Johnson & Johnson, the conglomerate behind Band-Aid, Tylenol and Johnson's Baby Shampoo. By comparison, very few folks outside the tech industry will have heard of Hax, a Shenzen-based startup incubator. Now, however, the pair are hooking up to find, develop and invest in startups that want to develop a consumer healthcare device. If you're dreaming up a gadget that'll help keep babies safe, ease period pain or seal wounds faster, then applications are due before the end of the year.
J&J's anesthesia-bot loses against its human counterparts
Just because robots can be more efficient than humans and can make certain processes cheaper doesn't mean they'll always come out on top. Case in point: Johnson & Johnson is pulling its anesthesia robot called Sedasys from the market over poor sales, according to Outpatient Surgery and Anesthesiology News. It was once a promising alternative to anesthesiologists, since it can bring down the cost of administering sedation from $2,000 per procedure to $150 to $200. It eliminates the need for an anesthesia professional, after all, as it allows any nurse or doctor to put a patient under in the operating room.
Google's Verily has its own robot-surgery spinoff
It hasn't even been a week since Verily became an official Alphabet entity, and it's already announcing its own spinoff. The former Google X Labs Life Sciences division has collaborated with Johnson & Johnson to give rise to a new company called "Verb Surgical." J&J's press release didn't mention any specific project, but from what we can tell, it's developing robotic technologies for the operating room:
