Medtronic to buy Breakaway Imaging
Medtronic Inc. has exercised its option to acquire the O-arm Imaging System assets of Ma.-based Breakaway Imaging LLC. The acquisition brings the O-arm Imaging System into a broad portfolio of image-guided surgical solutions within the Navigation business at Medtronic. The financial terms of the agreement, which is expected to close in June, are not being disclosed.
“The O-arm represents an important step forward in image-guided surgery for Medtronic’s customers and their patients,” said Jim Cloar, vice president and general manager of the Navigation business at Medtronic. “It will be an essential component in expanding the adoption of minimally invasive spine surgeries and opens the possibility for novel therapies which we believe are the wave of the future.”
The O-arm Imaging System, with a breakable gantry and flat screen detector, provides multi-dimensional surgical imaging. It provides surgeons with 3D images, as well as multi-plane 2D, and fluoroscopic imaging. It is intended for use in orthopedic surgical procedures and is in use in more than 20 locations worldwide. The O-arm Imaging System received FDA clearance in 2005.