Globus Medical Reveals Positive Study Results For ExcelsiusGPS

 | May 24, 2019 08:23AM ET

Globus Medical, Inc. (NYSE:GMED) recently revealed the positive outcomes of a clinical study, which highlighted the efficiency of its ExcelsiusGPS Robotic navigation over traditional pedicle screw placement techniques. Results of this study reached a milestone for the musculoskeletal solutions major in the field of robotics-assisted, minimally invasive pedicle screw placement procedure.

Outcomes of Study in Detail

The study evaluated the technique, using which the ExcelsiusGPS advanced navigated robotic technology combines the ability to use three imaging workflows (preoperative CT, intraoperative CT and fluoroscopy) with navigation and guidance to place pedicle screws precisely with real-time feedback.

The study sheds light on the system’s ability to revolutionize the way lateral surgery is performed.The study highlighted the success rate of 99% screw placement, with no malposition or post-operative return to the O.R.

Globus Medical is highly optimistic about robust adoption of ExcelsiusGPS, which aids surgeons to successfully perform minimally invasive screw fixation procedures, with the patient remaining in the lateral position compared with conventional lateral approaches, where the patient is intraoperatively repositioned. The eradication of patient repositioning results in enhanced operational efficiency, better patient outcome and cost reduction.

Market Prospects

Per Zacks Investment Research

Get The News You Want
Read market moving news with a personalized feed of stocks you care about.
Get The App

Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Sign out
Are you sure you want to sign out?
NoYes
CancelYes
Saving Changes