Ron Tavlin allegedly informed a friend about Medtronic’s impending acquisition announcement of Mazor Robotics in 2018.
Medtronic offers hints about upcoming surgical robot
Medtronic, which has made no secret of its surgical robotics ambitions, partnered with visualization company Karl Storz SE & Co. as it works on its own robot-assisted surgery platform.
7 companies transforming orthopedics with robot-assisted surgery
Orthopedic device companies have been actively developing products for surgical robotics, several through acquisitions.
Mazor Robotics acquired by Medtronic in $1.7B deal
Medtronic has closed the $1.7 billion acquisition of Mazor Robotics and its robot-assisted surgery platform. Medtronic capped the buyout with the announcement that its first jointly produced product won an FDA nod. Last month Caesarea, Israel-based Mazor said its shareholders voted to approve the $58.50-per-ADR-share deal with the world’s largest medical device maker, which has…
Mazor Robotics bought by Medtronic for $1.6B
Medtronic has owned since 2016 a $300 million stake (about 11%) in Mazor, which is widely regarded as a leader in robot-assisted spine surgery. By 2022, the global spinal surgical robotics market is expected to reach $2.77 billion. Mazor makes the Mazor X guidance system and the Renaissance robot-assisted spine surgery platform. Medtronic became the…
Robot-guided spine surgeries reduce complications, Israel company says
Robotic-guided spinal surgeries reduce both complications and the number of revision surgeries needed, according to a new report released today by Mazor Robotics (NSDQ:MZOR). The study shows that spinal surgeries performed using the company’s guidance system had a five-fold reduction in surgical complications. Such technology also contributed to a seven-fold reduction in revision surgeries versus…