In the News: MHA Alumnus Ryan Zimmerman
Ryan Zimmerman, Master of Healthcare Administration alumnus and director and medical technology analyst at BTIG, was featured in MedCity News on the acquisition of a medical imaging technology company.
In early September, orthopedics company Stryker announced that it was buying Mobius Imaging and its sister company, GYS Tech, (which does business as Cardan Robotics), for $370 million upfront cash and up to $130 million in milestone payments.
“Though [Stryler] has remained focused on large joint reconstruction with MAKO and downplayed questions about its plans in spinal robotics, we believe the Cardan Robotics component of the acquisition is more interesting and what investors should focus on,” Zimmerman wrote in an analysis.
Zimmerman added that while not much detail is available about Cardan Robotics, its robot is apparently “designed to facilitate cannula placement for the various target points used in transforaminal endoscopic decompression, a unique procedure designed for disc herniations, annular tears, and other soft tissue spinal stenosis.”