Andy Batts
Long only, value, growth, momentum

Globus' Acquisition Of Excelsius Makes It A Compelling Robotics Story

Investment in robotic surgery has become a growing trend in the field of healthcare research. It is expected that in a few years from now surgical interventions will be performed by robotic technologies under the supervision of human surgeons from remote places. The EUROSURGE project, coordinated by Dr. Paolo Fiorini, is targeting the commercialization of newly developed technologies in the field of robot-assisted surgery -- commonly known as robotic surgery.

Globus Medical (NYSE:GMED), a leading musculoskeletal implant manufacturer, announced on January 8 that it has acquired Excelsius Surgical, a company that's developing a next generation surgical robotic positioning platform for spine, brain and therapeutic markets. I believe that robotics is an emerging technology in the spine surgery...

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