Market Overview

Globus Medical Acquires Excelsius Surgical, Financial Terms Not Disclosed

Globus
Medical (NYSE: GMED) today announced that it has acquired Excelsius Surgical.
Excelsius Surgical is developing a next generation surgical robotic
positioning platform for spine, brain and therapeutic markets. The
Excelsius Surgical system is a robotic surgical aid for navigating and
facilitating surgical access, implant sizing, positioning and placement,
and is designed to enable surgeons to perform procedures more quickly
and with greater accuracy, safety and reproducibility than is currently
available in the marketplace today.

See full press release

Posted-In: News Guidance Financing Management M&A Global

 

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