Former GE Healthcare (NYSE:GE) head John Flannery will be stepping into the corner office for all of GE, replacing Jeff Immelt who is stepping aside after 16 years as head of the large conglomerate. The CEO transition will go into effect Aug. 1, while Flannery will also take over as board chair after Immelt retires on […]
mazorrobotics
Mazor Robotics reveals Israeli regulatory probe
Mazor Robotics (NSDQ:MZOR) yesterday revealed a probe by Israel’s version of the U.S. Securities & Exchange Commission, sending share prices down today in early trading. Caesarea, Israel-based Mazor said the Israeli Securities Authority searched its offices and questioned some members of management in May, “in connection with an investigation held by the ISA.” “Mazor has not been informed […]
Robotic surgery: Here’s everything you need to know
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Mazor lifts on Q1 Beat
Shares in Mazor Robotics (NSDQ:MZOR) rose today after the medical device maker beat expectations on Wall Street with its 1st quarter earnings results. The Caesarea, Israel-based company posted losses of $5.2 million, or 11¢ per share, on sales of $11.7 million for the 3 months ended March 31, seeing losses grow 2.3% while sales grew a massive […]
FDA clears Mazor X Align spinal surgical planning software
Mazor Robotics (NSDQ:MZOR) said today it won FDA clearance for its Mazor X Align spinal surgical planning software, with plans to launch in early May. The Mazor X Align software is designed to assist surgeons in planning for spinal deformity correction and spinal alignment procedures with the Mazor X Surgical Assurance platform, the Israel-based company said. […]
Mazor Robotics slides on Q1 prelims
Share prices for Mazor Robotics (NSDQ:MZOR) slid today despite preliminary 1st-quarter sales numbers that beat expectations on Wall Street. The Caesarea, Israel-based robot-assisted surgery device maker said it expects to post sales of $11.5 million for the 3 months ended March 31, ahead of The Street’s $11.2 million forecast and up 79.7% compared with Q1 2016. Investors […]
Mazor Robotics dips despite Street-beating Q4, 2016
Mazor Robotics (NSDQ:MZOR) shares are down this morning despite the company’s report that both 4th-quarter and full-year results topped expectations on Wall Street. The Caesarea, Israel-based robot-assisted surgery company posted widened losses of -$4.2 million, or -9¢ per share, on sales of $14.0 million for the 3 months ended Dec. 31. That amounts to a 48.8% increase […]
11 surgical robotics companies you need to know
Robotic surgery is taking off, and the field is becoming increasingly diverse. We’ve collected information on the biggest surgical robot players in the field so far. Intuitive Surgical’s da Vinci robot remains the premier surgical robotics company, with other companies including Stryker and Zimmer-Biomet only getting into the field in recent years. Read on to find […]
Mazor Robotics gains on Street-beating Q4 outlook
Mazor Robotics (NSDQ:MZOR) said today that it expects its 4th-quarter revenues to top expectations on Wall Street, sending share prices up in mid-day trading. The Caesarea, Israel-based robot-assisted surgery company said it expects to post sales of $14 million for the 3 months ended Dec. 31, 2016, ahead of the $12.9 million forecast on The Street, […]
Third-quarter sales surge more than 50% for Mazor Robotics
Third-quarter sales for Mazor Robotics (NSDQ:MZOR) rose nearly 54% as the robot-assisted surgery company sold more guidance systems than during all of last year. Caesarea, Israel-based Mazor posted losses of -$5.2 million, or -11¢ per share, on sales of $7.6 million for the 3 months ended Sept. 30, keeping the bottom line flat compared with Q3 2015. […]
NASS 2016: Interest grows in surgical robotics for spinal procedures
Mazor Robotics (NSDQ:MZOR) unveiled its next-generation robot-assisted surgery system and Globus Medical (NYSE:GMED) for the 1st time showcased the functional prototype of its Excelsius platform at the NASS 2016 meeting in Boston last week, signifying an increased interest in robotic surgeons among major players. Mazor developed 3 generations of products over 15 years and does 95% of its business in […]
