Posted in | News | Medical Robotics

Chinese Distribution Partner Places Purchase Order for Two Mazor Robotics Renaissance Systems

Mazor Robotics Ltd., a developer of innovative guidance systems and complementary products, today announced that it received a purchase order for two Renaissance systems from its distribution partner in China, Cicel (Beijing) Science & Technology CO. Ltd., reflecting the first systems sold into the Chinese market following the receipt of the China Food and Drug Administration (CFDA) approval to market the Renaissance system in China, in September 2014.

The Company also received a purchase order for one Renaissance system from its distribution partner in Taiwan, Pinnaclemed CO. Ltd. Subject to certain closing conditions, the system is expected to be installed at a newly opened spine hospital in Taiwan. This is the third system purchase by Pinnaclemed Co. Ltd. and will be the third Renaissance system in Taiwan.

“Entering the Chinese market is a significant achievement for Mazor and expands our growing presence in the fastest growth region for Renaissance outside of the U.S. market. We look forward to working closely with our distribution partner to raise the awareness of Renaissance throughout the country highlighting the benefits of the system to leading healthcare facilities. An order for a third system in Taiwan is encouraging as the two systems currently in use have some of the highest utilization rates demonstrating the degree of surgeon comfort, system performance and patient outcome,” commented Ori Hadomi, Mazor's Chief Executive Officer.

Today’s announcement was made in accordance with Mazor Robotics’ disclosure policy of announcing system sales that have a strategic impact on the business, such as new markets, academic institutions and national accounts.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Medtronic. (2019, February 19). Chinese Distribution Partner Places Purchase Order for Two Mazor Robotics Renaissance Systems. AZoRobotics. Retrieved on October 05, 2024 from https://www.azorobotics.com/News.aspx?newsID=6565.

  • MLA

    Medtronic. "Chinese Distribution Partner Places Purchase Order for Two Mazor Robotics Renaissance Systems". AZoRobotics. 05 October 2024. <https://www.azorobotics.com/News.aspx?newsID=6565>.

  • Chicago

    Medtronic. "Chinese Distribution Partner Places Purchase Order for Two Mazor Robotics Renaissance Systems". AZoRobotics. https://www.azorobotics.com/News.aspx?newsID=6565. (accessed October 05, 2024).

  • Harvard

    Medtronic. 2019. Chinese Distribution Partner Places Purchase Order for Two Mazor Robotics Renaissance Systems. AZoRobotics, viewed 05 October 2024, https://www.azorobotics.com/News.aspx?newsID=6565.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.