Medtronic to Buy Mazor Shares, Promote Surgical System

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  • Medtronic to buy 15 of Mazor’s next-generation spinal systems
  • Medtronic could purchase up to 15% of Mazor Robotics shares

Medtronic Plc, the largest maker of equipment to treat spinal conditions, agreed to help promote Mazor Robotics Ltd.’s guidance system used during spinal surgeries and will take an equity stake of up to 15 percent in the company. Mazor’s stock surged.

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