Thinking Robot Studios Inc., a privately held medtech company based in Buffalo, New York, has received permission to build an implant 3D printing facility. The new site will be located at Buffalo Lakeside Commerce Park, a reclaimed “smart growth” area, where 22 acres of land is set to be acquired by the company. Thinking Robot Studios plans to build office and manufacturing space on the land worth an estimated $84 million.
“By means of additive manufacturing we’ll be able to print accurate assessments and anatomical reference to knee, hips, spinal implants, out of the gate,” comments Thinking Robot CEO and partner Gregg Gellman.
Construction of the factory is scheduled to start in the beginning of 2020. Along with the factory will come around 270 high-end and entry-level jobs that are set to be created over the next 5 years.
The new location on Buffalo’s waterfront will become a Center of Excellence for Orthopedics for Thinking Robot Studios. The site will be comprised of a 75,000 square foot Advanced Manufacturing and Imaging Facility, “focusing on the idea to design, manufacturing to packaging, sterilization to delivery” all at one location.
In terms of competition, Thinking Robot Studios comes up against DePuy Synthes and Stryker. Recently, DePuy Synthes has expanded its 3D printed titanium spine implant offers when it acquired Emerging Implant Technologies. In terms of Stryker, they have recently announced their plan to invest approximately $225.8 million in an expansion of its research and development facilities in Ireland, a portion of which is to be dedicated to 3D printing. On top of all that Thinking Robot’s 3D printed anatomical models and precision cutting guides also have to compete with 3D Systems’ On Demand Anatomical Modeling.
“Built on a digital platform, our solutions are rooted in unmatched expertise in patient imaging analysis, personalized surgical planning and proprietary 3D printing,” says a blurb on Thinking Robot’s site.