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Monogram Orthopaedics, Inc. (MGRM) stock surged +0.80%, trading at $2.52 on NASDAQ, up from the previous close of $2.50. The stock opened at $2.54, fluctuating between $2.52 and $2.68 in the recent session.
Monogram Orthopaedics, Inc. focuses on developing a product solution architecture to enable mass personalized optimization of orthopedic implants. The company intends to produce and market robotic surgical equipment and related software, orthopedic implants, tissue ablation tools, navigation consumables, and other miscellaneous instrumentation for use in reconstructive joint replacement procedures. Its robot prototype executes optimized paths for high-precision insertion of optimized implants in synthetic bone specimens. The company was formerly known as Monogram Arthroplasty Inc. and changed its name to Monogram Orthopaedics, Inc. in March 2017. The company was incorporated in 2016 and is headquartered in Austin, Texas.
Employees | 27 |
Beta | 1.66 |
Sales or Revenue | $365.00K |
5Y Sales Change% | 0% |
Fiscal Year Ends | December |
Sector | Healthcare |
Industry | Medical - Devices |