Search results
Results From The WOW.Com Content Network
Robert W. Duggan (born 1944) is an American billionaire, entrepreneur, philanthropist, biotech executive and health care executive.He is the former CEO of biopharmaceutical company Pharmacyclics [2] and was previously CEO of surgical systems maker Computer Motion from 1997 to 2003. [3]
For the fiscal year 2017, Intuitive Surgical reported earnings of US$660 million, with an annual revenue of US$3.129 billion, an increase of 15.7% over the previous fiscal cycle. Intuitive Surgical's shares traded at over $307 per share, and its market capitalization was valued at over US$58 billion in November 2018. [10]
Instead, many are riding a recovery in surgical procedures deferred during the COVID-19 pandemic. Shares of California-based Intuitive rose 7.2% to $399 in extended trading.
In the 1990s, computer-controlled surgical devices began to emerge, enabling greater precision and control in surgical procedures. One of the most significant advancements in this period was the da Vinci Surgical System, which was approved by the FDA for use in surgical procedures in 2000 (Intuitive Surgical, 2021).
Piper Sandler maintains Intuitive Surgical with an Overweight, raising the price target from $490 to $495. Stifel maintains Intuitive with a Buy rating, raising the price target from $430 to $475.
For premium support please call: 800-290-4726 more ways to reach us
da Vinci patient-side component (left) and surgeon console (right) A surgeon console at the treatment centre of Addenbrooke's Hospital The da Vinci System consists of a surgeon's console that is typically in the same room as the patient, and a patient-side cart with three to four interactive robotic arms (depending on the model) controlled from the console.
For premium support please call: 800-290-4726 more ways to reach us