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mazorrobotics

Medtronic launches Mazor X robot surgery system in India

December 3, 2019 By Sean Whooley

Medtronic (NYSE:MDT) subsidiary India Medtronic has reportedly launched its Mazor X Stealth Edition robotic guidance surgical system across India. Last week, surgeons at the Indian Spinal Injuries Centre in New Delhi used the Mazor X Stealth Edition system to successfully perform the first minimally invasive spine surgery in the country, according to a report in Express Healthcare. […]

Filed Under: Business/Financial News, Featured, Orthopedics, Spine, Surgical Tagged With: mazorrobotics, Medtronic

Experts explore the state of M&A in medtech

January 15, 2019 By Sarah Faulkner

At DeviceTalks West 2018, a panel of experts gathered to discuss the state of M&A in medtech and the forces driving startups to seek an exit. Buyouts like Medtronic‘s (NYSE:MDT) $1.7 billion acquisition of Mazor Robotics (NSDQ:MZOR) dominated the headlines in 2018, but industry veteran Shayan Bhattacharyya found himself intrigued by the smaller deals that didn’t […]

Filed Under: Business/Financial News, Featured, Mergers & Acquisitions, Wall Street Beat Tagged With: Boston Scientific, DeviceTalks West, mazorrobotics, Medtronic

Medtronic closes $1.7B Mazor Robotics buy

December 19, 2018 By Brad Perriello

Medtronic (NYSE:MDT) said today that it closed the $1.7 billion acquisition of Mazor Robotics (NSDQ:MZOR) and its robot-assisted surgery platform, capping the buyout with the announcement that their 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 […]

Filed Under: Featured, Mergers & Acquisitions, Surgical Robotics, Wall Street Beat Tagged With: mazorrobotics, Medtronic

Medtronic eyes more investment in Israel

December 3, 2018 By Sarah Faulkner

Medtronic‘s (NYSE:MDT) chief executive Omar Ishrak traveled to Israel on Sunday with a team of senior executives to reportedly meet with some of the firms that the medtech giant has recently acquired, including Mazor Robotics and Nutrino. Ishrak is also scheduled to meet with Israel’s prime minister Benjamin Netanyahu and Eli Cohen, the minister of […]

Filed Under: Business/Financial News, Featured, Wall Street Beat Tagged With: mazorrobotics, Medtronic, nutrinohealth

Mazor Robotics shareholders OK $1.6B Medtronic merger

November 20, 2018 By Brad Perriello

Mazor Robotics (NSDQ:MZOR) said that its shareholders yesterday approved the $1.6 billion merger with Medtronic (NYSE:MDT). The Caesarea, Israel-based company said roughly 53% of its shares were represented in the vote, with about 95% of those cast in favor of the $58.50-per-ADR-share deal. The world’s largest medical device maker has held a position in Mazor, which makes the Mazor […]

Filed Under: Mergers & Acquisitions, Surgical Robotics, Wall Street Beat Tagged With: mazorrobotics, Medtronic

Mazor posts Q3 miss, wins FDA nod for Mazor X Stealth edition

November 7, 2018 By Fink Densford

Mazor Robotics (NSDQ:MZOR) today released third quarter earnings that narrowly missed loss-per-share expectations on Wall Street, and announced that it won FDA clearance for its Mazor X Stealth edition. The Caesarea, Israel-based company posted losses of $16.9 million, or 32¢ per share, on sales of approximately $10.1 million for the three months ended September 30, […]

Filed Under: Business/Financial News, Food & Drug Administration (FDA), MassDevice Earnings Roundup, Regulatory/Compliance, Surgical Robotics Tagged With: mazorrobotics

NASS 2018: Robotic platforms take center stage

September 27, 2018 By Fink Densford

Here’s a roundup from the North American Spine Society’s annual meeting in Los Angeles Medtech companies in the spinal market are rushing to join the robotic revolution, with Medtronic (NYSE:MDT) and Globus Medical (NYSE:GMED) leading the pack, according to a Leerink Partner analyst’s note from the North American Spine Society’s 2018 annual meeting. In a letter to […]

Filed Under: Business/Financial News, Spine, Surgical Robotics Tagged With: Brainlab, Globus Medical, Johnson and Johnson, mazorrobotics, Medtronic, Nuvasive, Zimmer Biomet

Medtronic is all-in on surgical robotics with $1.6B Mazor buy

September 21, 2018 By Brad Perriello

Medtronic (NYSE:MDT) is all-in on the surgical robotics game now that’s inked a deal to buy Mazor Robotics (NSDQ:MZOR) for more than $1.6 billion in cash. The world’s largest medical device maker has held a position in Mazor, which makes the Mazor X guidance system and the Renaissance robot-assisted spine surgery platform, since May 2016. In September […]

Filed Under: Featured, Mergers & Acquisitions, Surgical Robotics, Wall Street Beat Tagged With: mazorrobotics, Medtronic

Mazor shares dip on Q2 miss

August 3, 2018 By Fink Densford

Shares in Mazor Robotics (NSDQ:MZOR) have dipped slightly today after the medical robotics maker missed expectations on Wall Street with its second quarter earnings results. The Caesarea, Israel-based company posted losses of $3.8 million, or 7¢ per share, on sales of $13.2 million for the three months ended June 30, seeing losses grow 4.5% while sales shrunk […]

Filed Under: Business/Financial News, MassDevice Earnings Roundup, Wall Street Beat Tagged With: mazorrobotics

Mazor Robotics shares rise on Street-beating Q1

May 14, 2018 By Fink Densford

Shares in Mazor Robotics (NSDQ:MZOR) rose today after the surgical robotic platform maker beat expectations on Wall Street with its first quarter 2018 earnings. The Caesarea, Israel-based company posted losses of $1.3 million, or 2¢ per share, on sales of $15.5 million for the three months ended March 31, seeing losses shrink 75.6% while sales grew […]

Filed Under: Business/Financial News, MassDevice Earnings Roundup, Wall Street Beat Tagged With: mazorrobotics

Mazor Robotics shares down despite Street-beating Q4, FY2017 earnings

February 14, 2018 By Fink Densford

Shares in Mazor Robotics (NSDQ:MZOR) have fallen slightly today despite the surgical robotics platform maker topping expectations on Wall Street with its fourth quarter and full fiscal year 2017 earnings. The Israel-based company posted profits of $437,000, or 1¢ per share, on sales of $19.1 million for the three months ended December 31, seeing a 110.2% […]

Filed Under: Business/Financial News, MassDevice Earnings Roundup, Wall Street Beat Tagged With: mazorrobotics

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