Mazor Now Cleared In Korea - Robotics Business Review

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Mazor Now Cleared In Korea

The surgical robotics company's stock is up as sales open in the Korean market

By RBR Staff

June 13, 2012

In the wake of three successful robotic brain surgeries, Mazor Robotics Ltd., a developer of innovative surgical robots and complementary products, announced that its Korean distributor, BR Holdings, received marketing clearance from the Korean Food & Drug Administration (KFDA) to market Mazor’s Renaissance system. Bloomberg News also reported the company’s stock advanced 6.1% in intraday trading to 4.24 shekels, the highest level since May 17.

Renaissance is Mazor Robotics’ surgical guidance system for spine procedures. BR Holdings is a leading distributor of robotic surgery technologies and instruments in Korea.

It is typical for the local distributor to take responsibility for…

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Article topics

Medical & Assistive · News · Finance · Healthcare · Mazor Robotics · View all topics

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