Forcen has developed an award-winning haptic sensor called ForceFilm that can resist extreme heat and cold, is paper-thin, and provides sensitive feedback for devices such as surgical robots.
Intuitive Surgical Shares up on Prelim Q4, FY2017 Earnings
Surgical robotics giant Intuitive Surgical (NSDQ:ISRG) shares have risen over 5% today after it posted preliminary earnings for the fourth quarter and full fiscal year 2017 that beat Wall Street analyst consensus. The Sunnyvale, Calif.-based company said it expects to post sales of $892 million for the fourth quarter, up 18% compared to sales during…
Study: Intuitive’s ‘black box’ recorder shows quantifiable skill differences among surgeons
A ‘black box’-style recording device developed by robotic surgical platform industry leader Intuitive Surgical (NSDQ:ISRG) may be able to objectively measure surgeon’s proficiency during robotically-assisted surgeries, according to a new report. The dVLogger, developed by Sunnyvale, Calif.-based company, is designed to capture both anonymized video and movement data from the da Vinci robotic surgical platform after being…
Intuitive Surgical opens Korean innovation, training center
Robotic surgical giant Intuitive Surgical (NSDQ:ISRG) opened the doors this week on a new $8.9 million surgical innovation training center on South Korea, according to a Korea Herald report. The new 39,008-square-foot center is located inside the Sangam DMC High-Tech Industry Center in Seoul and features five training stations with a total of seven da…
Intuitive Surgical touts safety, effectiveness in 1st trial of flexible robotics platform
Intuitive Surgical (NSDQ:ISRG) today presented results from the first clinical trial of its new flexible robotics platform, touting that the system was found to be safe and effective at sampling lung tissue. Findings were presented at the American College of Chest Physicians CHEST annual meeting this week and published in the CHEST Journal. The new robotic-assisted,…
Intuitive Surgical shares rise on Street-topping Q3 earnings
Shares in Intuitive Surgical (NSDQ:ISRG) rose today after the robotic surgical platform maker handily topped expectations on Wall Street with its 3rd quarter earnings results. The Sunnyvale, Calif.-based company posted profits of $297.5 million, or $2.55 per share, on sales of $806.1 million for the 3 months ended September 30, for bottom-line growth of 34.3% while…
Intuitive Surgical buys $6m NC facility in close proximity to TransEnterix
Intuitive Surgical (NSDQ:ISRG) paid $6 million to acquire a 60,000-square-foot building in Durham, N.C. just a few miles down the road from rival surgical robot maker TransEnterix (NYSE:TRXC), according to a Triangle Business Journal report. The new acquisition joins a smaller facility Intuitive has in the region at N.C. State University’s Centennial Campus, according to the report. The…
Intuitive Surgical can’t slip shareholder suit
Intuitive Surgical (NSDQ:ISRG) wasn’t able to dodge a proposed class action suit against it claiming it misrepresented the safety of its robotic surgical equipment and caused stock price to drop after a California federal judge kept the motion alive late last month. US District Judge Edward Davila said that investors in the case had sufficiently plead…
It’s in our DNA: How Intuitive Surgical CEO Guthart plans to stay on top of the surgical robotics market
Intuitive Surgical (NSDQ:ISRG) has spent more than a decade dominating the robot-assisted surgery market, and longtime CEO Gary Guthart has no plans to cede that position, he tells MassDevice.com Executive Editor Brad Perriello in this special podcast. Guthart said Sunnyvale, Calif.-based Intuitive stays focused on one criterion: “Where can we make a difference in outcomes?” Robotic surgery…
Intuitive Surgical licenses JustRight’s robotic sealing, stapling tech
Intuitive Surgical (NSDQ:ISRG) inked a license on the miniaturized robotic sealing and stapling technology developed by JustRight Surgical that includes an unspecified equity investment and joint product development program. Louisville, Colo.-based JustRight raised an $11 million Series B round early last year and later won 510(k) clearance from the FDA for its 3mm pediatric vessel-sealing system. “We…
Report: Intuitive Surgical won’t sell in Pakistan until da Vinci devices back on line
Intuitive Surgical (NSDQ:ISRG) is reportedly refusing to sell any more of its da Vinci robot-assisted surgery platforms in Pakistan until the two it’s already got on the market there are brought back on line. The Sindh Institute of Urology & Transplantation in Karachi asked to acquire a da Vinci system, according to The News of Pakistan,…
Intuitive Surgical wins FDA nod for inguinal hernia repairs with da Vinci Xi
Update: Removed information claiming benefits of robotic hernia surgeries at request of Intuitive Surgical, which said that the data came from an inaccurate source and was not valid. Intuitive Surgical (NSDQ:ISRG) said today it won FDA clearance for inguinal hernia repairs with its da Vinci Xi robotic surgical system. Inguinal hernias occur when tissue presses through…
Intuitive Surgical wins FDA nod for daVinci X platform
Intuitive Surgical (NSDQ:ISRG) said today it won FDA 510(k) clearance for its new da Vinci X robotic surgical system, with a planned release of the platform later this year. The newly cleared da Vinci X system offers access to multiple robotic-assisted surgical technologies at a lower price than previous models, the Sunnyvale, Calif.-based company said. The…
Robotic surgery: Here’s everything you need to know
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Intuitive Surgical wins CE Mark for da Vinci X system
Intuitive Surgical (NSDQ:ISRG) said today it won CE Mark approval in the European Union for its new da Vinci X surgical system. The da Vinci X system offers access to a portfolio of robotic-assisted surgical technologies at a price point lower than previous models, the Sunnyvale, Calif.-based company said. The system operates on the same vision cart…
Intuitive Surgical shares rise amid takeover rumors
Intuitive Surgical (NSDQ:ISRG) stocks are up today on rumors that the company may be looking at a takeover from a larger player in medtech. Shares have ticked up nearly 1%, up $7.11 at $769.45 today due to the rumors, according to Seeking Alpha. The Sunnyvale, Cali.-based company has seen its shares trend upwards steadily since the…
How surgical robots are creating super surgeons
Faster than a scalpel-wielding hand, able to snake to hard-to-reach surgical sites in a single bound—future surgeons will be super surgeons, all thanks to robotics. Alistair Fleming, VP Medical at Sagentia In many industries, the advance of robotics has created worries about robots supplanting humans. But in the world of surgery, the next generation of…
Washington Supreme Court deals a blow to Intuitive Surgical
UPDATED Feb. 11, 2017, with comment from Intuitive Surgical. Intuitive Surgical (NSDQ:ISRG) must face another trial over whether it gave adequate warnings about using its da Vinci robot-assisted surgery platform in prostatectomies after a botched surgery in which a doctor failed to heed its warnings, the Washington Supreme Court ruled yesterday. Plaintiff Fred Taylor went in for…
Intuitive Surgical warns of risks on Obamacare repeal, NAFTA withdrawal, Brexit
Intuitive Surgical (NSDQ:ISRG) last week warned of the risks posed to its business by the geopolitical shifts of the past year, including the likely repeal of Obamacare, the U.S.’s threatened abrogation of the North American Free Trade Agreement and Great Britain’s pending exit from the European Union. Uncertainty around Obamacare repeal In its annual report filed…
11 surgical robotics companies you need to know
Robotic surgery is taking off, and the field is becoming increasingly diverse. We’ve collected information on the biggest players in the field so far. Intuitive Surgical’s da Vinci robot remains the premier surgical robotics company, with other companies including Stryker and Zimmer-Biomet only getting into the field in recent years. Read on to find out more.…
Intuitive Surgical expects slowdown in da Vinci sales growth
Intuitive Surgical beat Wall Street expectations with its fourth quarter results, but company officials expect a slowdown in sales growth this year for da Vinci surgical robots. Intuitive Surgical earned $204 million, or $5.13 per share, off $386 million in sales during the three months ended Dec. 31, 2016, the company reported Tuesday evening. The fourth…
Intuitive Surgical Q4 prelims beat estimates
Intuitive Surgical (NSDQ:ISRG) shares gained after it posted preliminary financial results for the 4th quarter, beating analysts’ expectations on Wall Street. The Sunnyvale, Calif.-based company said it expects a total revenue of $757 million for Q4, up from $677 million in the same period last year. Analysts were looking for sales of $739.7 million in…