The Artas robotic hair restoration system, developed by Silicon Valley based Restoration Robotics, was acquired in 2018 by Venus Concept Inc., a medical aesthetic technology company.
Following completion of the deal, Restoration Robotics moved its corporate headquarters to Toronto, Canada. The combined company now operates under the leadership of Venus Concept’s management team.
The Venus hair restoration division includes NeoGraft, an automated hair restoration system that facilitates the harvesting of follicles during a FUE process and the newly acquired ARTAS and ARTAS iX Robotic Hair Restoration Systems, which harvest follicular units directly from the scalp and create recipient implant sites using proprietary algorithms.
The International Hair Authority interviewed CEO, Ryan Rhodes and COO, Gabe Zingaretti in 2018 and now shares the reminiscences of Gabe Zingaretti as he looks back on the vision and energy that went into developing The worlds first and only robotic system in aesthetic medicine
I meant to write this article a while back, and while my day is so full and immediate needs for my time arises minute after minute, today I have decided to take some time to express my thoughts.
The world of medical devices is changing, I have seen it before with the introduction of DICOM and PACS. Everything went digital, every medical device company that needed to image something, had to be DICOM compatible. The race was on and every company marched towards the goal. Ultimately, DICOM became the standard and now it’s just a given….that is how the world works!
There is a new race, the race towards using a robot…pretty much for anything. While it is fun, new and having a robotic device in your Series A power deck can help get you some start up money, it may or may not help you in the long run. In fact using a Robot to solve a problem may be the reason your problem may never be solved.
Robots don’t solve a problem, a 6 axis robotic arm implements a solution to a problem. The solution is not the robotic arm. The difference is subtle, yet the outcome is quite different.