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Swiss robotic developer acquired by Globus Medical

Globus Medical said it closed its acquisition of Swiss robotic developer KB Medical in the second quarter of 2017, during which its global sales increased 10.8% to $152.4 million. The acquisition "will enable Globus Medical to accelerate, enhance and expand our product portfolio in imaging, navigation and robotics," said Dave Demski, president of emerging technologies at the company.

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