Tuesday, October 31, 2017 10:49:26 PM
Read the article about Mazor.
Great article on why this company has a lot of room to run with $MDT as a partner.
https://www.medtechy.com/the-ticker/articles/2017/medtronic-and-mazor-robotics-need-each-other
Excerpt:
The $72 million invested by Medtronic (as of Sept 2017) has allowed Mazor to scale at a much faster rate then they ever would have without the capital.
Excerpt:
Medtronic also has warrants allowing them to buy another 1.2 million shares, which could bring their total investment to $125 million, or 14% ownership of the company.
Excerpt:
It's Not Just About the Money
It's not just the capital though, Mazor could get funding from anyone. What they received with Medtronic's money is an instant world-class sales organization that provides contacts and validation in the U.S.
Trust me, getting a product launched in the U.S. without a sales team, marketing and validation is virtually impossible.
This partnership is a win-win for both companies.
They are two companies that need each other. Mazor doesn't have the sales infrastructure in place and Medtornic's Spine division is a mess.
One day we will see the success of MannKind
Recent MDT News
- Medtronic to announce financial results for its fourth quarter and full fiscal year 2024 • PR Newswire (US) • 05/09/2024 12:45:00 PM
- Medtronic to announce financial results for its fourth quarter and full fiscal year 2024 • PR Newswire (Canada) • 05/09/2024 12:45:00 PM
- Medtronic receives FDA approval for Inceptiv™ closed-loop spinal cord stimulator • PR Newswire (US) • 04/26/2024 11:56:00 AM
- Medtronic receives FDA approval for Inceptiv™ closed-loop spinal cord stimulator • PR Newswire (Canada) • 04/26/2024 11:56:00 AM
- Americans favor quality over quantity in pursuit of longevity • PR Newswire (Canada) • 04/17/2024 11:02:00 AM
- Americans favor quality over quantity in pursuit of longevity • PR Newswire (US) • 04/17/2024 11:02:00 AM
- Medtronic unveils the future of AI in GI: Genius Summit 2024 reveals innovations and collaborations that advance endoscopic care • PR Newswire (Canada) • 04/10/2024 12:30:00 PM
- Medtronic unveils the future of AI in GI: Genius Summit 2024 reveals innovations and collaborations that advance endoscopic care • PR Newswire (US) • 04/10/2024 12:30:00 PM
- The Medtronic Sphere-360™ Pulse Field Ablation (PFA) catheter, a new paradigm in single-shot ablation, demonstrates impressive results in treating paroxysmal atrial fibrillation • PR Newswire (US) • 04/08/2024 12:00:00 PM
- The Medtronic Sphere-360™ Pulse Field Ablation (PFA) catheter, a new paradigm in single-shot ablation, demonstrates impressive results in treating paroxysmal atrial fibrillation • PR Newswire (Canada) • 04/08/2024 12:00:00 PM
- SMART trial one-year data demonstrates Medtronic Evolut™ TAVR platform as optimal treatment for severe aortic stenosis in patients with small annulus, which is primarily women • PR Newswire (US) • 04/07/2024 01:45:00 PM
- SMART trial one-year data demonstrates Medtronic Evolut™ TAVR platform as optimal treatment for severe aortic stenosis in patients with small annulus, which is primarily women • PR Newswire (Canada) • 04/07/2024 01:45:00 PM
- New survey uncovers lack of awareness around heart valve disease and risk factors among women • PR Newswire (Canada) • 04/07/2024 12:00:00 PM
- New survey uncovers lack of awareness around heart valve disease and risk factors among women • PR Newswire (US) • 04/07/2024 12:00:00 PM
- Medtronic announces FDA approval of newest-generation Evolut TAVR system for treatment of symptomatic severe aortic stenosis • PR Newswire (US) • 03/27/2024 12:00:00 PM
- Medtronic announces FDA approval of newest-generation Evolut TAVR system for treatment of symptomatic severe aortic stenosis • PR Newswire (Canada) • 03/27/2024 12:00:00 PM
- U.S. Patent Office rejects Axonics' latest challenge to Medtronic patents • PR Newswire (US) • 03/21/2024 06:51:00 PM
- U.S. Patent Office rejects Axonics' latest challenge to Medtronic patents • PR Newswire (Canada) • 03/21/2024 06:51:00 PM
- New real-world data shows MiniMed™ 780G system sustains strong global performance, exceeding international targets for diabetes management • PR Newswire (US) • 03/09/2024 10:40:00 AM
- Medtronic announces cash dividend for fourth quarter of fiscal year 2024 • PR Newswire (US) • 03/07/2024 09:20:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 07:18:56 PM
- Medtronic EVP & CFO Karen Parkhill to participate in the Barclays healthcare conference • PR Newswire (US) • 03/05/2024 09:30:00 PM
- Medtronic EVP & CFO Karen Parkhill to participate in the Barclays healthcare conference • PR Newswire (Canada) • 03/05/2024 09:30:00 PM
- Medtronic files ITC action against Axonics to stop unauthorized use of Medtronic innovations • PR Newswire (US) • 02/29/2024 02:00:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 02/27/2024 09:16:45 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM