Skip to main content

Stratasys ($SSYS) Makes Investment into Axial3D to Target 3D Printing Solutions for Medical Industry

Green Stock News LLC

 

Stratasys – TheNewswire - (SSYS) has announced the closing of a $15 million investment into Axial3D, a leader in medical segmentation and 3D printing. The two companies plan to launch a joint offering that will provide patient-specific 3D printing solutions to hospitals and medical device manufacturers.

 

Axial3D’s AI-powered algorithms allow healthcare providers to segment CT and MRI scans without significant investments in time, or large upfront costs. Stratasys’s J850™ Digital Anatomy™ 3D printer enables medical customers to create models that accurately represent the appearance of human tissue that are also  biomechanically realistic while suturing, cutting, or inserting and deploying medical devices.

 

Stratasys says that personalized 3D printed anatomic models are currently used for pre-surgical planning and diagnostic use to improve patient outcomes while shortening time spent in the operating room.

 

Dr. Yoav Zeif, CEO of Stratasys stated: “Many of the world’s leading hospitals are already benefiting from our MediJet and Digital Anatomy 3D printers for medical models. We believe that by working together with Axial3D, we can remove the barriers to entry for the remaining majority of hospitals in many countries around the world.”

 

Stratasys is leading the global shift to additive manufacturing with innovative 3D printing solutions for industries such as aerospace, automotive, consumer products and healthcare.

 

Shares of Stratasys trade on the NASDAQ under the ticker symbol SSYS. For more information visit www.greenstocknews.com 

  

Source: https://greenstocknews.com/newswire/stratasys-ssys-makes-investment-into-axial3d-to-target-3d-printing-solutions-for-medical-industry

 

Disclaimer

 

This content is not financial advice and is for information, education and entertainment purposes only. Green Stock News is not responsible for any losses related to the financial decisions made by you. Video content and other materials including web content are based on data obtained from sources we believe to be reliable but are not guaranteed as to accuracy and are not purported to be complete. As such, the information should not be construed as advice designed to meet the particular investment needs of any investor. Green Stock News is not responsible for any gains or losses that result from the opinions expressed in this video or materials that it publishes electronically.

 

View original video news clips here: https://greenstocknews.com/green-stock-newswire 

  

Copyright (c) 2022 TheNewswire - All rights reserved.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.