Mazor Robotics (MZOR)

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St. Mary’s Healthcare Acquires Mazor Robotics’ Renaissance System

Published: June 26, 2013

First Hospital in the Northeastern U.S. Market to Install the Company’s Surgical Guidance System

CAESAREA, Israel — Mazor Robotics Ltd. (TASE: MZOR; NASDAQCM: MZOR), a developer of innovative surgical robots and complementary products, today announced that St. Mary’s Healthcare, a general medical and surgical hospital in Amsterdam, NY, has acquired its first Renaissance system. St. Mary's Hospital at Amsterdam is a member of Ascension Health. Ascension Health is the nation's largest Catholic and nonprofit health system with more than 105,000 associates serving in 20 states and the District of Columbia.

This purchase marks the first Renaissance system to be installed in the northeastern U.S., a region with a population in excess of 55 million people. The Company anticipates this will be a region for further penetration of its surgical guidance system.

“Mazor has clearly developed a technologically advanced system and we are delighted to be the first hospital in the northeast to offer the Renaissance system,” commented Vic Giulianelli, President and CEO of St. Mary’s. “Our patients already benefit from St. Mary’s having one of the nation’s leading orthopedic spine surgeon, and to achieve our goal of becoming a leading center for advanced spine surgery regionally and throughout the Northeast, we also need to take advantage of the latest technological advances, which we have now done with the purchase of the Renaissance system.”

“St. Mary’s Healthcare is a high quality institution - one that is committed to patient care and ensuring that its surgeons are continually using the latest technologies to deliver better patient outcomes,” commented Ori Hadomi, Mazor’s Chief Executive Officer. “Our initial success in California, Florida and Texas provides us with a body of evidence supporting the benefits of our Renaissance system, so we are delighted to have installed our first Renaissance system in the northeast. We will continue to deploy more resources to build upon this success as we see this being a promising market for Mazor.”

“As surgeons, we are inherently looking for better solutions for our patients, and I believe Renaissance will enable us to better serve those suffering from debilitating spinal conditions,” commented Jian Shen MD, Ph.D., a leading orthopedic spine surgeon. “Renaissance system is the safest, most accurate technology for minimally invasive spine surgery currently available in the marketplace, and given its accuracy and high safety level, I have complete confidence in its capabilities.”

Renaissance, Mazor Robotics’ next generation surgical guidance system for spine procedures, is transforming spine surgery from freehand operations to highly-accurate, state-of-the-art guided procedures that raise the standard of care with better clinical results. Renaissance system has been used to perform thousands of procedures worldwide (with over 35,000 implants placed in those procedures) in a wide variety of spinal procedures, many of which would not have been attempted without this technology.

About Mazor

Mazor Robotics (TASE: MZOR; NASDAQCM: MZOR) is dedicated to the development and marketing of innovative surgical robots and complementary products that provide a safer surgical environment for patients, surgeons, and operating room staff. Mazor Robotics’ flagship product, Renaissance™, is a state-of-the-art surgical robotic system that enables surgeons to conduct spine surgeries in an accurate and secure manner. Mazor Robotics systems have been successfully used in the placement of over 35,000 implants in the United States and Europe. Numerous peer-reviewed publications and presentations at leading scientific conferences have validated the accuracy, usability, and clinical advantages of Mazor Robotics technology. For more information, the content of which is not part of this press release, please visit www.mazorrobotics.com

Read more here: http://www.heraldonline.com/2013/06/26/4976946/st-marys-healthcare-acquires-mazor.html#storylink=cpy

Cutting-edge surgery tech at St. Mary’s
June 26, 2013
By MICHAEL ANICH , The Leader Herald
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AMSTERDAM - St. Mary's Healthcare can now boast it has the only cutting-edge system of its kind for minimally-invasive spine surgery in the state.

More importantly, the system helps provide safer and more efficient treatment for people with back problems.

The hospital showed of the new $800,000 state-of-the-art Renaissance robotic spine surgery guidance system it acquired from Mazor Robotics at a news conference Tuesday at the facility.
Article Photos

Timothy Murawski of Mazor Robotics, left, and Dr. Jian Shen, an orthopedic spine surgeon, right, reveal St. Mary’s Healthcare’s new Renaissance robotic spine surgery system Tuesday at the hospital in?Amsterdam.
The Leader-Herald/Michael Anich

"Acquiring this equipment is part of our ongoing commitment to delivering the highest standard of care for patients in our community," said St. Mary's Healthcare President and Chief Executive Officer Vic Giulianelli. "Once we were convinced of the positive impact on our clinical outcomes, the decision was easy."

Giulianelli said St. Mary's sees spine surgery with robotics technology as a "natural expansion" of what has become the facility's five star-rated orthopedic services.

"At St. Mary's, we're making tremendous strides," he said.

Officials said the new system is the only one available in the state and throughout much of the Northeast, with the nearest unit of its kind in Pennsylvania. The equipment - the only robotics technology for minimally invasive spine surgery currently available - ensures 1.5 mm accuracy compared to freehand surgery, officials said. It is expected to bolster the number of such surgery procedures performed by Dr. Jian Shen - one of the nation's leading orthopedic spine surgeons.

"It's a safer work environment," said Timothy Murawski, Mazor's senior director of U.S. sales.

He showed off the equipment with Dr. Shen after a video presentation. Murawski showed how before entering the operating room, surgeons use Renaissance to actually pre-plan the most optimal surgery on a CT-based 3D simulation of the patient's spine.

During surgery, the system guides the surgeon's hands and tools to the precise, pre-planned locations along the spine.

Potential benefits for patients include reduced blood loss, fewer complications, fewer revisions, faster recovery, reduced procedure time and reduced exposure to radiation.

Dr. Shen said there were about 200 cases at St. Mary's last year where the new Renaissance system could have been applicable.

"Next week, we have at least four or five," the surgeon stated.

In a news release, Dr. Shen said St. Mary's has found robotics equipment to be the safest, most accurate minimally-invasive technology available.

Giulianelli noted the National Institute of Health indicated the leading cause of disability for people 19 to 45 is back pain.

"With the addition of cutting-edge robotics, those in need of minimally invasive spine surgery now have the very best care and equipment available to them," said Dr. Ronald Marsh, St. Mary's chairman of the board.

http://www.leaderherald.com/page/content.detail/id/556985/Cutting-edge-surgery-tech-at-St--Mary-s.html?nav=5011