Punakaiki Fund Impact
Traditionally, 1 in 5 knee replacement operations are unsatisfactory and 1 in 10 hip replacements require revision surgery within 10 years. This costs the orthapedic industry billions of dollars annually.
Formus Labs has created the first automated 3D planner for joint replacement surgeries, a tool that provides unprecedented insight into the pre-operative planning process. Using cutting edge biomechanics and machine learning, these tools empower surgeons and produce better results for patients worldwide while offering significant cost savings to the industry as a whole.
Formus Labs is headquartered in Auckland, New Zealand, and employs 16 staff.