Fierce Biotech November 3, 2023
Avail Medsystems emerged from the confusion and chaos of the COVID-19 pandemic with a plan to build a new normal: virtually connecting surgeons and operating rooms with remote experts and safely socially distant sales reps. But old habits, apparently, die hard, and this week the company shut down its operations, as first reported by MassDevice.
It’s an abrupt turnaround for the former Fierce 15 winner. As recently as mid-October, Avail was touting the expansion of its OR hub—which includes telepresence hardware and software built into a rolling, camera-equipped tower that allows medtech manufacturers to connect with surgical teams and closely observe procedures. Its latest news was a partnership with software developer ORtelligence, in what Avail described as the first in...
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