Formus Labs
About Formus Labs
Formus Labs is a healthcare AI company specializing in advanced 3D pre-operative planning software for joint replacement surgeries. Their platform integrates cutting-edge computational biomechanics and artificial intelligence to provide orthopedic surgeons with highly personalized and interactive surgical plans. This innovative approach aims to streamline the complex planning process, which traditionally relies on 2D X-rays and can be time-consuming, often taking weeks.
The Formus platform, notably with its FDA 510(k) cleared Formus Hip product, can generate a comprehensive 3D surgical plan from a patient’s CT scan in under an hour. This rapid turnaround empowers surgeons with unprecedented insight into implant selection and placement, optimizing fit and function for each patient. The goal is to reduce the need for costly revisions, instill greater confidence in surgical outcomes, and ultimately improve the lives of patients undergoing joint replacement procedures worldwide.
Beyond hip planning, Formus Labs is also developing Formus Atlas for automated image segmentation, landmarking, and measurements, and Formus Navigator for guidance across the patient journey with soft-tissue modeling, though these are not yet available for clinical use.
Focus Areas
Business Intelligence
| Key Investors | GD1 (Global from Day 1), Punakaiki Fund, Icehouse Ventures, Pacific Channel, Flying Kiwis, GreenMount (Australia), Nuance Connected Capital, Auckland Uniservices Limited, 2040 Ventures |
| Partnerships | Zimmer Biomet (co-development and commercialization of Formus Hip in Australia and New Zealand, investigation of international markets) |
| Technology | Cloud-native, AI-automated 3D planner, computational biomechanics, AI-enabled machine learning, automated image segmentation, landmarking, measurements, web app |
| FDA Clearances | 1 cleared products (estimated) |
What Physicians Need to Know
Formus Labs significantly streamlines the pre-operative planning process, reducing planning time from weeks to under an hour, which is crucial for busy practices and high caseloads. Physicians gain access to highly accurate, personalized, and fully interactive 3D surgical plans that empower patient-specific implant selection and placement, potentially improving patient outcomes and reducing revision rates. The platform offers a thorough understanding of each patient's physiology, providing peace of mind and making it easier to address unforeseen challenges during surgery. Furthermore, the cloud-based nature allows for remote planning, enhancing workflow efficiency and reducing patient wait times. Future developments, like 2D X-ray analysis and Formus Navigator, promise even greater accessibility and insights into soft-tissue biomechanics and post-operative assessment.
Formus Labs' solutions are cloud-based and designed to integrate with existing workflows. Formus Atlas, for instance, provides automated image segmentation, landmarking, and measurements as a service, seamlessly plugging into proprietary orthopedic workflows. They have also announced a partnership with Zimmer Biomet to co-develop and commercialize Formus Hip, indicating a strategy for integration with leading medical device manufacturers.
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