The story
Founded by Moshe Shoham in 2001, in Caesarea.1
In 2001, the company was founded by Professor Moshe Shoham, and Eli Zehavi. Professor Shoham was the Head of the Medical Robotics Laboratory of the Faculty of Mechanical Engineering at Technion and Mr. Zehavi was a former Vice President of Engineering at Elscint. Between 2001–2002, the company was based in the Technion incubator offices T3 which transfers innovative technology to commercialization for global markets.
The company was originally incorporated under the name M.A.S.O.R. Surgical Technologies, then later changed its name to Mazor Surgical Technologies. In 2010, the company changed its name to Mazor Robotics. The very first Mazor Robotics product, Spine Assist, was approved by the FDA in 2004. Renaissance Guidance System, Mazor's next generation product, was released commercially in 2011.
In 2003, Ori Hadomi, former CFO of Denex, was appointed CEO of Mazor Robotics. Mr. Hadomi was also Founder and CEO of 7D Ltd. (motion tracker for medical applications), and Chairman of the Izmel Scientific committee.
In early 2004, Mazor Robotics received its first CE mark for its initial product, SpineAssist. With this important milestone for the company, SpineAssist became the first commercially available mechanical guidance system for spine surgery. The company began marketing SpineAssist in Europe, registering its first sale soon afterwards. Later in 2004, the company also received its first FDA clearance for SpineAssist and became the first FDA approved robotic system for spinal surgery. In June 2011, the company launched its current robotic device, Renaissance Guidance System, which replaced the former SpineAssist model. In Feb. 2014 Prof. Shoham was elected into the National Academy of Engineering (NAE) for contributions to robotic technology for image-guided surgery. In December 2018, Medtronic acquired Mazor Robotics in a $1.7 billion deal.
From Wikipedia’s article on Mazor Robotics, shared under CC BY-SA 4.0.7