Monogram Technologies Announces Corporate Name Change and Merger Plans

AUSTIN, TX – Monogram Orthopaedics Inc., recognized under NASDAQ as MGRM, today declared a forthcoming merger with its subsidiary, Monogram Technologies Inc. This merger leads to the renaming of Monogram Orthopaedics Inc. to Monogram Technologies Inc., effective May 15, 2024. This change aims to better represent their expansion and focus as an AI-driven robotics company.

CEO Benjamin Sexson highlighted that the new name signifies the company’s evolution and commitment to leveraging their technologies in broader applications beyond orthopedic surgery. The company continues to work on its FDA 510(k) submission for its Monogram mBôs™ TKA System. This robotic surgical system, paired with their mVision navigation, is at the forefront of their technology offerings, aiming to provide improved health solutions.

Monogram has already received FDA clearance for its mPress implants and is preparing to seek similar approval for its robotic products in the latter half of 2024. The company emphasizes its robust intellectual property strategy and its impact on the orthopedics market, aiming to enhance shareholder value through its innovative health solutions.