Medtronic Renames Surgical Navigation Business.MINNEAPOLIS -- "Medtronic Navigation" reflects increased offering of technologies Medtronic, Inc. (NYSE NYSE See: New York Stock Exchange :MDT MDT abbr. Mountain Daylight Time MDT (in the US and Canada) Mountain Daylight Time MDT n abbr (US) (= mountain daylight time) → ) announced today that Medtronic Surgical Navigation Technologies has changed its name to Medtronic Navigation, Inc. "The name change is driven by the expanding offering of therapies for which our technologies are used," said Nadim Yared, Medtronic vice president and general manager of Medtronic Navigation. "Our products allow a medical professional to locate minute structures and deliver focused therapies to patients without the trauma often associated with traditional surgical techniques." "Computer-assisted surgical navigation is a cornerstone for the growth of biologic delivery and a valuable part of the Medtronic portfolio," said Stephen Oesterle, M.D., Medtronic senior vice president, medicine and technology. "We are well positioned to drive increased acceptance and usage of this technology in the practice of medicine." The minimally invasive therapies from Medtronic Navigation may provide options to a number of patients whose conditions had previously been diagnosed as "inoperable inoperable /in·op·er·a·ble/ (in-op´er-ah-b'l) not susceptible to treatment by surgery. in·op·er·a·ble adj. Unsuitable for a surgical procedure. ." Computer-assisted navigation technology allows surgeons to target a specific area, while typically reducing the incision size--both of which may aid in avoiding damage to healthy tissue. Medtronic Navigation is the market leader in the field of computer-assisted surgery (CAS) and has installed nearly 2,000 StealthStation(R) Treatment Guidance Systems in hospitals worldwide for use in precision cranial cranial /cra·ni·al/ (-al) 1. pertaining to the cranium. 2. toward the head end of the body; a synonym of superior in humans and other bipeds. cra·ni·al adj. , spine, ENT ENT ears, nose, and throat (otorhinolaryngology). ENT abbr. ear, nose, and throat ENT ear, nose and throat. ENT Ears, nose & throat; formally, otorhinolaryngology , and orthopaedic surgeries. In recent years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time pace of innovation in CAS has quickened considerably. In response, Medtronic Navigation has developed and delivered new and updated hardware and software solutions to assist with varied surgeries including total joint replacements, minimally invasive spinal surgery, cranial tumor resection, biopsies, functional neurosurgery functional neurosurgery n. The surgical destruction or chronic excitation of a part of the brain as treatment of a physiological or psychological disorder. and Functional Endoscopic Sinus Surgery functional endoscopic sinus surgery Functional endonasal endoscopic sinus surgery ENT A procedure that removes diseased nasal cavity and paranasal sinus tissue and restores mucociliary clearance Applications Chronic and/or recurrent sinusitis in Pts who fail (FESS). Medtronic Navigation also has pioneered affordable delivery of the technology to medical facilities of all sizes and capabilities through a pay-as-you-go program known as StealthNavigator(SM). All company communications and products will now bear the new name, Medtronic Navigation. About Medtronic Medtronic Navigation, Inc. (www.stealthstation.com), is the world leader in computer-assisted surgery and therapies for the cranial, spinal, ENT, and orthopaedic markets. The company's products include the award-winning StealthStation Treatment Guidance System and many others. Medtronic, Inc., headquartered in Minneapolis, is the world's leading medical technology company, providing lifelong solutions for people with chronic disease. Its website is www.medtronic.com. Any forward-looking statements are subject to risks and uncertainties as described in Medtronic's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended April 30, 2004. Actual results may differ materially from anticipated results. |
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