Mazor wins FDA nod for combined surgical systems

The firm will begin marketing the navigation and imaging system in early 2011.

Mazor Surgical Technologies Ltd. (TASE:MZOR) has obtained US Food and Drug Administration (FDA) approval for the company's combined spinal surgical system comprising the SpineAssist miniature robotic navigation system and C-Insight 3D imaging system.

Mazor believes that the synergy that can be achieved by use of the combined system and the high added value it provides surgeons will boost company sales and support higher prices. The company will begin marketing the combined system in early 2011.

The combined system enables imaging during surgery without the need to move the patient to a CT scanning room, which will minimize the need for repeat surgical procedures on the spine. The system enables surgeons to precisely position surgical implants, based on prior planning that relies on the 3D scans.

Mazor's share price rose 6.2% in early trading to NIS 9.52, giving a market cap of NIS 185 million.

Published by Globes [online], Israel business news - - on September 1, 2010

© Copyright of Globes Publisher Itonut (1983) Ltd. 2010

View comments in rows
Update by email about comments talkback
Your name
Please insert your name
Hyperlink in a new window Hyperlink Right Left underline italic bold Bulleted List Ordered List Face1 Face2 Face3 Face4 Face5 Face6
Your comment

You comment was recieved and soon will be published.
In posting comments, I agree to abide by the Terms of Use
Globes encourages lively and frank debate, but posts that the editors consider merely abusive or otherwise inappropriate will be removed. Report inappropriate content
Thank you for posting your comment, which will be reviewed for publication.
Loading Comments...load
Load more comments
Twitter Facebook Linkedin RSS Newsletters גלובס Capital  Markets Conference 2017