When did Medtronic buy Mazor Robotics?

After its acquisition of Mazor Robotics in late 2018, which builds spine and brain surgical guidance systems for minimally invasive procedures, Medtronic reported strong revenue increases of 5.5 percent to $692 million in its spine and brain therapy segments in 2019.

Did Medtronic buy Mazor Robotics?

“The acquisition of Mazor adds robotic -assisted guidance systems to our expanding portfolio of enabling technologies, and we intend to further cultivate Mazor’s legacy of innovation in surgical robotics with the site and team in Israel as a base for future growth.”

What happened Mazor Robotics?

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.

Who bought Mazor Robotics?

“It’s only beginning to pay off,” Medtronic CEO Omar Ishrak told CNBC about its 2018 $1.64 billion acquisition of surgical robots maker Mazor Robotics.

What is an O arm in surgery?

Advanced imaging technology for back surgery The O-arm is a portable imaging device with a C-shaped arm that fits over the surgical table to take traditional two-dimensional X-ray images. During surgery it works like a CT scanner to take three-dimensional images in real time.

What is Mazor protocol?

Renaissance is Mazor Robotics’ guidance system that allows surgeons to perform any spine surgery, from the simplest to the most complex — safely, accurately and efficiently while reducing radiation and optimizing clinical outcomes.