A New Era In Robotic Spine Surgery · Devices C-Insight Intended USE Advanced platform + 3D Imaging...
Transcript of A New Era In Robotic Spine Surgery · Devices C-Insight Intended USE Advanced platform + 3D Imaging...
Mazor Robotics 1Mazor Surgical TechnologiesConfidential
A New Era In Robotic Spine Surgery
Ori Hadomi, CEO December 2010
Mazor Robotics
TASE - MZOR• 45 employees world wide• Offices: US, Germany & Israel• YTD financing: $49M; Cash balance : $17M
Mature Technology• Clinical effectiveness proven (>2,000 cases)• 7 CE & FDA cleared products
Clear & Validated Business Plan• Foothold in Germany & Russia• Ramping up sales activities in US• Executing Intuitive Surgical sales model
Bright Future• Transitioning into a “sales & marketing” company• Focused portfolio of products (“one stop shop” for spine surgery)• Expanding pipeline• Experienced sales and management team
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The Need For Robotics In Spine Surgery
Misplaced Pedicle screw Revision
Pedicle Screws Inserted Free-Hand Are Misplaced in 10% of Cases
Pedicle Screw Placement Accuracy: a Meta-AnalysisKosmopoulos V, Schizas C.; Spine 2007 Feb 1;32(3):E111-20
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SpineAssist Robotic Guided Surgery
4Operate
SpineAssist Workstation
CT-based SpineAssist Planning Software
SpineAssist Robot
Guiding Cannula
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Pre Operative Planning1. Plan
2. Mount
3. 3. 3D Synch
CT Fluoro
4. Operate
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Rigid Attachment for Accuracy and Precision
1Plan
4Operate
2Mount
33D Synch
CT Fluoro
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SpineAssist Procedure Flow
1Plan
4Operate
2Set-up
33DSynchCT Fluoro
A Clinically Validated System
• ~2,000 spine surgeries to date
• ~10,000 implants placed
Zero cases of nerve damageZero cases of nerve damage
• Used daily in leading centers in over 25 centers globally
• Clinically validated in complex and simple cases in Europe and the US
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Latest Multi Center Study Results
“SpineAssist offers enhanced performance
in spinal surgery when compared to free
hand surgeries, by increasing placement
accuracy and reducing neurological risks”
Devito et al., Clinical acceptance and accuracy assessment of spinal implants guided with SpineAssist surgical robot – retrospective study, Spine 2010;35(24) in press
• 840 cases in 14 hospitals • 49% of cases were percutaneous • 98% implant accuracy • 0 permanent neurological deficit
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Following The Path Of Success
• The model for the introduction of surgical Robotics to hospitals has been proven (Intuitive Surgical, Mako Surgical).
• Mazor is taking the blue print of success to the Spine market
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Revenue Model
4Operate
Spine Assist Surgical System$660K per OR
Implantable Devices$6-8K per procedure
Robot Disposable$1.2K per procedure
Service Agreement$66K per year
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In the PipelineProduct SpineAssist 2011 Crania Application Implantable
DevicesC-Insight
Intended USE Advanced platform + 3D Imaging
Precise positioning for Brain surgery
(DBS, Biopsy, Shunt Placement)
Robotic enabled MIS spine
stabilization procedures
Intra Operative 3D imaging
Regulatory StatusFDA
CEQ2/2011
Q2/2011Q1/2011Q1/2011
Emerald: Q1/2011GOLIF: CE cleared
ClearedCleared
Launch Plan June 2011 October 2011 Q4/11 Strategic partner – In
process
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Summary
• Mature technology with promising new products pipe line
• Proven business model and aggressive sale strategy
• Experienced management team
• Expanding sale to rest of Europe and the US
• Mazor Robotics Ticker in TASE: MZOR
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Thank You!
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