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What Is One of the Best Healthcare Stocks to Buy Right Now? (Hint: It's a Robotics Company)
The Motley Fool· 2025-10-11 12:03
This stock has averaged annual gains of nearly 24% over the past decade -- and its future is bright, too.I'm invested in several healthcare stocks, and the one that I'm most excited about is Intuitive Surgical (ISRG -3.19%). The stock is down 15.5% year to date as I write this, making it more attractively priced than it was last year.It's a major specialist in robotic surgery equipment, boasting more than 16 million procedures performed on its equipment and more than 9,900 machines installed in hospitals ar ...
Intuitive Introduces Real-Time Surgical Insights for da Vinci 5
Globenewswire· 2025-09-12 13:15
New Force Gauge, In-Console Video Replay, and Network CCM features designed for enhanced efficiencySUNNYVALE, Calif., Sept. 12, 2025 (GLOBE NEWSWIRE) -- Intuitive (Nasdaq: ISRG), a global technology leader in minimally invasive care and the pioneer of robotic-assisted surgery, today announced the first in a series of new software capabilities for da Vinci 5, designed to enhance surgeon and hospital efficiency through the delivery of a range of real-time surgical insights. Da Vinci 5 has more than 10,000 tim ...
Northstar Clean Technologies ($ROOOF) | Intuitive ($ISRG) | Eco Wave ($WAVE) | XTI Aerospace ($XTIA)
Youtube· 2025-09-10 13:09
Group 1: Northstar Clean Technologies - Northstar Clean Technologies has successfully produced high-quality solid asphalt pellets from end-of-life tear-off shingles at its Calgary facility, marking a significant milestone in its recycling operations [1] - This achievement builds on the company's previous success in producing liquid asphalt from manufacturing waste shingles, contributing to waste diversion from landfills and creating new market opportunities [2] Group 2: Memorial Care - Memorial Care has introduced the Intuitive Da Vinci 5 surgical system across its hospitals, becoming one of the first health systems in Southern California to adopt this advanced robotic technology [2] - The Da Vinci 5 system enhances surgeons' precision, control, and real-time digital integration, reinforcing Memorial Care's commitment to innovation and improved patient outcomes [2] Group 3: Eco-wave Power Global - Eco-wave Power Global has launched the first US onshore wave energy project at the Port of Los Angeles, marking a historic milestone for renewable energy in the country [3] - The demonstration site utilizes floaters to harness wave motion for electricity, laying the groundwork for future commercial-scale deployment and positioning the company as a leader in the US wave energy sector [3] Group 4: XDI Aerospace - XDI Aerospace has completed initial flight operations for its Sparrow and Kestrel subscale aircraft, marking key progress toward its full-scale Trifan 600 demonstrator [3] - Successful tests validated aerodynamic performance and stability, reducing development risk and keeping the program on track for future milestones [4]
Small cuts with big impact in surgery | Nicole Basa | TEDxLeander High School
TEDx Talks· 2025-07-03 15:13
Surgical Procedure Evolution - Open surgery involved large incisions and longer recovery times [2][3][8] - Laparoscopic surgery uses smaller incisions, CO2 inflation, and 2D screen projection [9][10] - Robotic surgery enhances instrument movement precision within the abdomen [16] Technological Advancements in Robotics - Robotic technology originated from military research (DARPA) in the 1980s [23] - The Da Vinci 5 robot (DV5), launched in August 2024, is the most precise robot [22] - Robotic consoles have evolved significantly from the first prototype in 1996 to the latest versions [17][18][23] Surgical Techniques and Training - Traditional surgical training in the 19th century involved large incisions and auditorium settings [7][8] - Laparoscopic surgery skills can be correlated with video game proficiency due to 2D image translation [12][13] - Robotic surgery allows surgeons to control four instruments simultaneously using hand clutches [19] Operating Room Dynamics - Laparoscopic surgery typically requires a surgeon, surgical tech, and potentially up to four people [13][14] - Robotic surgery can reduce the number of bedside personnel needed [20] - Modern operating rooms (ORs) are equipped with screens on every wall and robotic systems [21][22]
SS Innovations Announces Successful Completion of First Robotic Cardiac Surgery in the Western Hemisphere Utilizing the Company’s SSi Mantra 3 Surgical Robotic System
Globenewswire· 2025-06-16 12:45
Company Overview - SS Innovations International, Inc. is a developer of innovative surgical robotic technologies aimed at making robotic surgery affordable and accessible globally [3] - The company is headquartered in India and plans to expand its global presence with user-friendly and cost-effective surgical robotic solutions [3] Recent Developments - The first robotic cardiac surgery in the Americas was successfully performed using the SSi Mantra 3 surgical robotic system on June 8, 2025, by Dr. Juan Zuniga in Guayaquil, Ecuador [1] - The procedure involved a robotic Atrial Septal Defect closure, which repairs a hole between the upper two chambers of the heart [1] Technology Features - The SSi Mantra surgical robotic system is a modular, multi-arm system featuring advanced technology such as 3 to 5 robotic arms, a 3D 4K monitor, and a touch panel for patient information [4] - It utilizes over 40 different types of robotic endo-surgical instruments to support various specialties, including cardiac surgery [4] - The system has been clinically validated in India for over 100 different types of surgical procedures [4] Surgical Experience - Dr. Zuniga reported that the SSi Mantra system was easy to handle, resulting in effective outcomes and faster recovery for patients due to its minimally invasive nature [2] - The precision of the robotic system enhances the surgeon's confidence in performing sutures and tissue manipulation [2] Hospital Adoption - Interhospital in Guayaquil is the first hospital in South America to install the SSi Mantra system and has utilized it for various complex surgical procedures since its installation [2]
PROCEPT BioRobotics (PRCT) FY Conference Transcript
2025-06-04 16:00
Summary of Procept BioRobotics (PRCT) FY Conference Call - June 04, 2025 Company Overview - Procept BioRobotics is a surgical robotic company aiming to become a global leader in urology [3][4] - The company focuses on treating Benign Prostatic Hyperplasia (BPH), a condition affecting a significant portion of the male population [5] Industry Insights - BPH affects one in two men aged 50-60, with 40 million men in the U.S. suffering from this condition [5] - There is a large unmet clinical need, with only 12 million of the 40 million men under medical management [6] - The majority of men avoid surgical options due to side effects associated with current treatments [6][7] Product and Technology - Aquablation therapy is designed to address the unmet clinical need for BPH treatment, effective for all prostate sizes and shapes [6][9] - The technology utilizes an automated water jet, avoiding unnecessary damage to surrounding tissue [9] - Clinical studies show that aquablation has superior safety outcomes compared to traditional resective procedures like TURP [11][12] Market Access and Reimbursement - Full Medicare coverage is available for aquablation, with 95% of eligible patients having access to the treatment [15] - The facility payment for aquablation is just over $9,200, with expectations for reimbursement to align with other resective procedures [36][37] Financial Performance - The company reported a revenue of $69.2 million for the first quarter, a 55% year-over-year growth [22] - The installed base in the U.S. reached 547 systems, with significant international revenue growth, particularly in the U.K. and Japan [23][24] - Revenue guidance for 2025 is set at $323 million, with an expected growth rate of 63% to 64.5% [24] Future Opportunities - Procept is exploring the use of aquablation for prostate cancer treatment, addressing a significant unmet clinical need [16][18] - There are over 3 million men in the U.S. with prostate cancer, with 300,000 new cases annually [16] - The company is conducting clinical studies to demonstrate the safety and efficacy of aquablation in prostate cancer patients [19][22] Challenges and Execution - The company is focused on surgeon retention and increasing procedure volumes, with over 30,000 cases performed in the U.S. last year [32][33] - The transition from Category III to Category I reimbursement codes is a key milestone, expected to simplify pre-authorization processes [36][39] Conclusion - Procept BioRobotics is positioned to capitalize on the growing demand for effective BPH and prostate cancer treatments through innovative technology and strong clinical data [44]
SS Innovations Reports First Quarter 2025 Financial Results
Globenewswire· 2025-05-14 20:32
Core Insights - SS Innovations International, Inc. reported record quarterly revenue of $5.1 million for Q1 2025, a 40.8% increase from $3.6 million in Q1 2024, driven by higher sales of the SSi Mantra 3 surgical robotic system [4][6] - The company plans to submit a De Novo application to the FDA for the SSi Mantra 3 by the end of July 2025, aiming for approval in the U.S. and European markets [4][6] Financial Performance - Revenue increased by 40.8% to $5.1 million from $3.6 million in Q1 2024 [6] - Gross margin improved by 121 basis points to 21.23% from 20.02% in Q1 2024 [6] - Gross profit rose by 49.3% to $1.1 million from $0.7 million in Q1 2024 [6] - Net loss decreased to $5.7 million, or $(0.03) per diluted share, compared to a net loss of $9.8 million, or $(0.06) per diluted share, in Q1 2024 [6] Business Highlights - SSi Mantra installations totaled 15, a 66.7% increase from 9 installations in Q1 2024 [6] - Cumulative installed base of SSi Mantra reached 78, with cumulative surgeries totaling 3,568 [6][8] - Significant growth in instrument sales (302.7%) and warranty sales (1,202.3%) compared to Q1 2024 [8] Strategic Developments - The company uplisted to The Nasdaq Capital Market on April 25, 2025, marking a milestone for global expansion [3][4] - Plans to expand market presence beyond the seven countries where the SSi Mantra has been cleared, focusing on the EU and U.S. [4] Product Innovations - The SSi Mantra 3 surgical robotic system enabled the world's first robotic cardiac telesurgery [7] - The system received regulatory approvals in the Philippines and Ukraine, enhancing its market potential [7]
Vicarious Surgical (RBOT) - 2024 Q4 - Earnings Call Transcript
2025-03-18 02:07
Financial Data and Key Metrics Changes - Total operating expenses for full year 2024 were $66.6 million, down 17% year-over-year [24] - R&D expenses for the full year 2024 were $40.2 million, down from $47.6 million in 2023 [24] - GAAP net loss for full year was $63.2 million, equating to a net loss of $10.74 per share, compared to a GAAP net loss of $71.1 million or $14.60 per share for the full year 2023 [25] Business Line Data and Key Metrics Changes - General and administrative expenses totaled $21.9 million in the full year 2024, down from $26.9 million in 2023 [24] - Sales and marketing expenses were $4.5 million compared to $6.2 million in the prior year [24] Market Data and Key Metrics Changes - The company has expanded its partnerships with leading U.S. hospital systems, including LSU Health New Orleans, Temple Health, and University of Illinois Health [13][15] - The company is preparing for its first clinical use of the Version 1.0% system, which is expected to treat patients later in the year [21] Company Strategy and Development Direction - The company aims to transition into a clinical stage company in 2025, with a focus on robotic surgery innovations [8] - The Version 1.0% system is designed to deliver differentiated value to patients, surgeons, and hospitals, with a focus on minimally invasive outcomes [10][12] - The company is building a robust supply chain and manufacturing foundation to support its clinical trials and future growth [18][19] Management's Comments on Operating Environment and Future Outlook - Management expressed excitement about the successful completion of the Version 1.0% system integration and the potential impact on surgical procedures [9][28] - The company anticipates treating its first clinical patients by year-end 2025, with a de novo submission expected to be late in 2026 [21][26] Other Important Information - The company has faced some procurement challenges with key suppliers, but has managed to mitigate the impact on its timelines [20][36] - A new CFO, Sarah Romano, will join the company on April 1, bringing extensive financial leadership experience [22][23] Q&A Session Summary Question: Can you provide details on the supplier dynamic and its impact on clinical trial manufacturing? - Management acknowledged material procurement challenges with key suppliers that led to delays in component deliverables, but noted that they have resumed production [35][37] Question: When do you anticipate the clinical trial beginning? - Management indicated that the first patients will be treated later in the year, with plans to kick off pivotal trials shortly after [41][42] Question: Can you provide timing around the dossier submission? - The dossier submission is expected around the middle of the year, with the first patient timing dependent on approval [51] Question: What were the results of the cadaver lab tests? - The cadaver labs successfully performed ventral hernia repairs, and management expressed confidence in the system's performance [61] Question: Any updates on clinical trial design and patient expectations? - Management confirmed that trial design will be finalized after the first patients, allowing for flexibility in protocol adjustments [64]