Mazor Robotics Ltd., a developer of bone-mounted surgical robotic guidance systems, has entered into two strategic agreements with medical technology company Medtronic PLC.
One agreement is for an equity investment by Medtronic in Mazor, the robotics company announced last month.
In addition, a commercial agreement between the two companies will allow for the co-promotion, co-development and potential global distribution of certain Mazor products. If both companies reach agreed-upon milestones during an initial co-promotion phase in the U.S., the companies will enter the second phase of the ...
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