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MAKO Surgical was founded in 2004 by Rony Abovitz and other key members of its predecessor Z-KAT, Inc. [9] Z-KAT was founded in 1997 by Rony Abovitz, William Tapia, Michael Peshkin Ph.D., Julio Santos-Munne, and Wayne J. Kerness, M.D. and was developing a novel haptic robotic system for medical applications, amongst a wide variety of computer-assisted surgery technologies.
Medical equipment maker Stryker shook up the industry on September 25th by announcing a definitive agreement to acquire MAKO Surgical , best known for its RIO Robotic Arm Interactive Orthopedic ...
The health care sector is in focus on this week's news that surgical robot maker MAKO Surgical would be acquired by medical device giant Stryker for $30 per share. The $1.65 billion deal ...
The long, winding road trekked by upstart robotic surgical technology maker MAKO Surgical has finally reached the finish line. In a huge, surprising win for investors, orthopedics giant Stryker ...
Mako Surgical has been one of the most controversial stocks in the medical device space over the last two years. Shares have plunged more than 50% over this time span, and the company hasn't been ...
In December 2013, Stryker acquired MAKO Surgical Corporation. MAKO is a company in South Florida that manufactures and markets surgical robotic arm assistance platforms, most notably the RIO (Robotic Arm Interactive Orthopedic System) as well as orthopedic implants used by orthopedic surgeons for use in partial knee and total hip arthroplasty. [18]
This morning, MAKO Surgical announced a definitive agreement to be acquired by medical equipment specialist Stryker Corporation in an all-cash deal for approximately $1.65 billion, or $30 per share.
That announcement did result in a one-day 80% pop after medical equipment giant Stryker agreed to. If you thought the folks at MAKO Surgical would be resting on their laurels after last week's ...