Globus Medical acquires Excelsius Surgical

Globus Medical Inc. announced that is has acquired Excelsius Surgical, a developer of next generation surgical robotic positioning platforms 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 procedures to be performed more quickly and with greater accuracy, safety and reproducibility, according to a Globus Medical press release.

“We are very excited by the strategic fit and potential of Excelsius Surgical. Our product development efforts focus on products designed to minimize tissue disruption, blood loss and surgical complications and we believe that the use of advanced technology solutions, such as the Excelsius Surgical system, will enable surgeons to consistently achieve better surgical outcomes,” David Paul, chairman and chief executive officer of Globus Medical, stated. “Recent trends in the adoption of navigation technology as well as advancement in imaging only serve to reinforce our belief that technology will play an increasingly greater role in surgery in the future. We believe that this acquisition positions Globus to be a leader in this important area.”