Improving patients’ lives by providing every surgeon with effective, easy-to-use technology.
Our flagship surgical application, intellijoint HIP®, was initially born out of a final year university design project at the University of Waterloo, Canada. Engineering student Armen Bakirtzian came up with the idea for a product to make hip replacement surgeries more accurate after discussions with his orthopaedic surgeon father. Armen teamed up with colleagues Richard Fanson and Andre Hladio to pitch the idea at Next Top Young Entrepreneur Start-Up Pitch Competition in 2010.
After winning the competition and securing an initial round of investment, the three entrepreneurs co-founded Intellijoint Surgical and began the journey to bring Intellijoint HIP to market. Today, Intellijoint HIP has obtained a Health Canada license, is FDA cleared for distribution in the U.S, and has CE Mark approval in the EU. The product has been utilized by surgeons in thousands of procedures in the U.S., Canada and Australia. The company will continue to expand into other areas, including knee arthroplasty and other applications in the near future.
Armen has led the growth of Intellijoint HIP – Intellijoint Surgical’s flagship product – from a fourth-year engineering design project to a fully commercialized smart navigation system. Entering the fourth year of commercialization, Armen has seen corporate revenue grow exponentially and over 15,000 global patients benefit from improved navigation for total joint replacements. As CEO, Armen leads increased market adoption and team growth, and manages strategic partnerships, investor and government relations, and fundraising.
Armen is passionate about influencing and growing the Canadian medtech industry and seeing Canadian patients benefit from made-in-Canada innovation. He spearheaded the creation of MIX – Canada’s first industry-led innovative hub dedicated to helping medtech companies scale within Canada. Armen is a member of the Health/Biosciences Economic Strategy Table with the Federal Government of Canada.
Armen led Intellijoint Surgical’s growth to rank 13th among Canada’s Top New Growth Companies by Maclean’s and Canada Business and 2nd among Deloitte’s Technology Fast 50 in 2019.
Armen holds a bachelor’s degree in Mechatronics Engineering from the University of Waterloo, and a master’s degree in Biomedical Engineering from the University of Toronto.
Richard brings to Intellijoint Surgical an exceptional technological and analytical background particularly in all things mechanical and electrical. Previous experiences were on advanced product development teams at General Motors and Critical Systems Labs. His bachelor’s degree in Mechatronics Engineering is from the University of Waterloo, and Master’s in Medical Robotics is from McMaster University.
Andre brings to Intellijoint Surgical meticulous project management skills applied to product development, regulatory and legal, and manufacturing activities. His previous technical and management experience spans the automotive, bio-medical, architectural and defense industries. His Bachelor’s degree in Mechatronics Engineering, and Master’s in Electrical and Computer Engineering are from University of Waterloo.
Joshua is a proven business leader with an aptitude for improving collaboration and efficiency among teams. As Vice President of Finance at Intellijoint Surgical, Joshua leads the Finance and Operations teams. Joshua is responsible for the development of the financial strategy and operational objectives including budgeting, investment priorities, risk assessment and mitigation planning, investor relations, and ensuring the company is properly capitalized to meet its vision. He led Intellijoint through multiple tranches of successful financing, raising tens of millions in capital.
Before joining Intellijoint, Joshua held several positions at EY where he worked with large public companies including Blackberry, formerly Research in Motion (RIM), and HP.
Joshua holds an Honours Bachelor of Business Administration from Wilfrid Laurier University and is a Chartered Professional Accountant. He enjoys the outdoors, camping, running and spending time with family.