Excelsius Surgical

Excelsius Surgical was founded in 2011, 4 years after the project's start with $500,000 from the health-care provider Barrow Foundation operations budget. It attracted $5 million venture capital investment. The technology was first licensed by Dignity Health in 2012.
"Excelsius Surgical is developing a next generation surgical robotic positioning platform 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. It develops surgical robotic guidance technologies integrated to digital 3D imaging for the spine, brain, and musculoskeletal markets. The company’s products include a line of advanced spinal implants. Its technology enables surgeons to perform minimally invasive and percutaneous surgical procedures.
The Excelsius Surgical robotic positioning system is being designed to integrate intra-operative digital imaging with a sophisticated robotic surgical assistant that maintains anatomical positioning during the surgery with sub-millimeter accuracy. The technology was developed in conjunction with Dignity Health's Barrow Neurological Institute at St. Joseph's Hospital and Medical Center in Phoenix, AZ. Co-founders Neil R. Crawford, PhD, Associate Professor of Spinal Biomechanics at Barrow, and Nicholas Theodore, MD, neurosurgeon and Chief of Spine Surgery at Barrow, led the development of the technology." Fred Moll joined the company in 2013.

Early January, the company was purchased by Globus Medical. Financial terms of the transaction were not disclosed. Globus expects to obtain FDA clearance to market the robotic positioning system in 2015, with commercial sales expected in 2016.
Key patents: Surgical tool systems and method,  SURGICAL ROBOT PLATFORM, Surgical rod bending system and method

Source: Globus Medical, Arizona Central, BizJournal