Mazor jumps on first Virginia robotic surgical sale

Mazor has sold its Renaissance next-generation robotic surgical guidance system for spine surgeries to a hospital near Washington DC.

Mazor Robotics Ltd. (TASE:MZOR) has sold its Renaissance next-generation robotic surgical guidance system for spine surgeries to Reston Hospital Center, located in the Washington DC suburb of Reston. The company did not disclose the size of the deal.

Reston Hospital Center, opened in 1986, is owned by HCA Inc., a provider of healthcare services with 157 hospitals and more than 100 freestanding surgery centers in 20 states and London, UK.

Mazor CEO Ori Hadomi said that the sale to Reston Hospital was the first installation of the company's Renaissance System in Virginia.

Mazor's share price rose 5.8% by midday to NIS 4.03, giving a market cap of NIS 88 million.

Published by Globes [online], Israel business news - www.globes-online.com - on June 26, 2012

© Copyright of Globes Publisher Itonut (1983) Ltd. 2012

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