Thursday, January 15, 2009

Novadaq Signs License, Development and Supply Agreements With Intuitive

SPY Imaging Technology to be Integrated Into da Vinci Surgical RobotsTORONTO, ONTARIO--(HSMN NewsFeed)--Jan 14, 2009 -- Novadaq® Technologies Inc. (Toronto:NDQ.TO ), announced today that it has entered into a multi-year technology alliance with Intuitive Surgical Inc. Novadaq is a developer of real-time medical imaging systems and image guided therapies for the operating room. Intuitive is the global leader in the rapidly emerging field of robotic-assisted minimally invasive surgery.

In the fourth quarter of 2007, the two companies began exploring the use of Novadaq's patented SPY® fluorescence imaging technology during minimally invasive surgical robotic procedures to potentially enable surgeons to visualize blood flow in vessels, tissue perfusion, tumors, tumor margins, and the lymphatic system in real-time. That collaboration has now resulted in the signing of two multi-year agreements between the companies.

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