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December 09, 2004

Firm's robot arm braves crowded field

Entering what is becoming a booming but crowded field, a young medical technology firm in Hollywood called Z-KAT is hoping to build a billion-dollar business by developing a robotic arm for surgeons.

''This could be huge,'' says Chief Executive Maurice R. Ferre. ``We think we can save the healthcare industry $15 billion a year.''

Ferre, 44, is the son of the veteran Miami politician of the same name. A physician who studied in Boston, he developed there a med-tech company, Visualization Technology, building it from three to 180 employees before selling it to General Electric in 2002 for more than $100 million, according to published reports.

Complete News

Posted by thinkingmachine at December 9, 2004 07:59 PM

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