Mazor's flagship product, the SpineAssist, based
on miniature robotic technology, is a precise
positioning tool. By teaming SpineAssist with
Hover-T, Mazor can provide a complete MIS
platform for lumbar spine procedures.
The Hover-T is attached percutaneously to the
patient allowing the SpineAssist to float above
the spine. This allows surgeons to accurately
access any point in the spine through a minimal
invasive approach with minimal muscle or tissue
disruption. Mazor stated that Hover-T will allow
for the first time the ability to navigate along
the entire lumbar spine without the need to
expose bone, muscle or tissue, and makes it
possible to perform spinal procedures with the
smallest of incisions.
Although MIS implants represent for the
manufacturers a premium product with high income,
utilization is still very low. Mazor believes
that the SpineAssist MIS platform will change
this trend and encourage usage of premium implant
products and become a major revenue generator for
Mazor as well as for implant companies.
Professor Moshe Shoham founded Mazor within the
Technion Incubator in 2001. The company's main
offices are located in Israel, with recently
opened offices in the US.
To date, Mazor has raised over $19.5 million in
two rounds. VC companies that have invested in
Mazor include Alice Ventures, Johnson & Johnson,
Israel HealthCare Ventures, Shalom Equity, Dor
Ventures, Proseed, and ITP.
The Hover-T will be launched and presented at the
North American Spine Society meeting, which will
take place in Philadelphia at the end of the
month.
The medical device start-up company -- Mazor
Surgical Technologies, which develops a miniature
robot designed for spinal procedures, installed
last year its first two systems in the US and
Israel. This system enables the surgeon to
increase the level of accuracy during surgery
while lowering the level of risk related to spine
surgical procedures.
The robot developed by Mazor, SpineAssist, is an
advanced solution in the medical field, which
offers an innovative approach to the long-time
problem of spine surgeons: the need to perform
precise surgical procedures in the spine area,
without the risk of injuring any nerves. The
solution offered by Mazor, is a precise robot, no
bigger than a soda can, attached directly to the
patient's body. It helps the surgeon to determine
the exact positioning of tools and implants.
The SpineAssist will shorten surgery time,
increase accuracy and minimize the risk of
medical failures that result from misplacement of
implants and use of other surgical tools during
spine fixation procedures. The system was
successfully tested on cadavers at the Cleveland
Clinic Foundation (CCF) and is in the midst of
clinical human trials in several spine centers in
Israel (Sheba Medical center, Rabin Medical
Center and Carmel hospital). CCF in Ohio, one of
the leading centers in spine surgery and research
in the world, and the Israeli centers will be the
first to perform surgeries with the SpineAssist.
Each year more than 500,000 spine surgeries are
performed in the US alone, creating a large
potential market for the SpineAssist. Mazor's
CEO, Ori Hadomi, predicts that in a few years
SpineAssist will become a standard of care in
spine surgeries. "I believe that the combination
of precision, operation simplicity and
performance reliability will play a key role in
the success of the product and company."
Professor Moshe Shoham founded Mazor in 2001. The
company is located in Israel and it employs 20
employees. Several international VC funds
invested in Mazor: J&J DC, Shalom Equity, ITP,
Proseed, Dor and Alice.
Mazor Surgical Technologies has received FDA
approval for its newly developed Hover-T Bridge,
a platform for minimally invasive spinal surgery
(MIS).