Discover how BNY Mellon helped broaden a surgical robotics company’s investor base and capital markets reach.
When two sisters from Georgia needed life-changing spinal surgery, their surgeon turned to the expertise of Mazor Robotics, an Israeli company whose precision-guided technology has greatly increased the accuracy of sensitive surgical procedures. The surgeon’s use of the Mazor Renaissance System® helped the two sisters — Morgan and McKenzie Bone — obtain much-needed relief from scoliosis, which was having a devastating impact on their lives.
Mazor’s ability to help the Bone sisters is testament to the company's technology. Mazor chose BNY Mellon as its depositary bank and used its DR program to raise capital on the NASDAQ. Through BNY Mellon’s depositary receipt services, Mazor gained access to a wider U.S. investor base and capital to grow globally and reach even more people with their transformational surgical technology.
“In financial services, it’s often difficult to see the results of your work. However, in the case with Mazor it was easy,” said Anthony Moro, Head of EMEA Depositary Receipts at BNY Mellon. “Mazor is a world-class, innovative company and the products they develop really make a difference in peoples’ lives. It’s great to be able to see that.”
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