Posted in | News | Medical Robotics

Sales Growth for Israel's Mazor Robotics

Mazor Robotics, an Israel-based spine technology manufacturer, has seen a large increase in sales after the FDA recently approved marketing of the Emerald spinal-implant system.

Shares in Mazor Robotics increased the most in more than four months after the FDA approval. The shares climbed 7.3 percent, the biggest gain since Sept. 1, to 10.80 shekels at the 4:30 p.m. close in Tel Aviv. The stock has gained 31 percent over the past year, giving the company a market value of $59 million (213 million shekels).

The company plans on marketing the implants in the second half of 2011, according to the report. Mazor Surgical Technologies received FDA approval for the combined Spine-Assist navigation and C-InSight imaging system for use during treatment of spinal compression fractures as well as other vertebral surgical problems, according to a medGadget.com news report.

Mazor Robotics SpineAssist (2010)

SpineAssist, currently used by physicians at the Texas Back Institute and Texas Health Plano in Plano, Texas, is a miniature device mounted above the patient's spine and a workstation with software allowing the surgeon to pre plan the surgery using the 3D imaging technology. Physicians can position the implants within each disc on the AP, lateral and axial plane. The workstation is connected to a C-Arm.

The C-InSight is an add-on to the C-Arm, converting 2D scans to 3D images intra-operatively. This technology could replace post-operative CT scans, according to the report.

Citations

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

  • APA

    MAZOR Robotics Inc.. (2019, February 21). Sales Growth for Israel's Mazor Robotics. AZoRobotics. Retrieved on May 22, 2024 from https://www.azorobotics.com/News.aspx?newsID=848.

  • MLA

    MAZOR Robotics Inc.. "Sales Growth for Israel's Mazor Robotics". AZoRobotics. 22 May 2024. <https://www.azorobotics.com/News.aspx?newsID=848>.

  • Chicago

    MAZOR Robotics Inc.. "Sales Growth for Israel's Mazor Robotics". AZoRobotics. https://www.azorobotics.com/News.aspx?newsID=848. (accessed May 22, 2024).

  • Harvard

    MAZOR Robotics Inc.. 2019. Sales Growth for Israel's Mazor Robotics. AZoRobotics, viewed 22 May 2024, https://www.azorobotics.com/News.aspx?newsID=848.

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.