Intuitive Surgical (ISRG) Higher after $1B Stock Buyback Announcement
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Intuitive Surgical (ISRG) on Watch After Massachusetts Raises Concerns
March 20, 2013 3:08 PM EDTMassachusetts health officials raised concern about injuries linked to robot surgery. In a statement on the state's Board of Registration in Medicine website, officials noted an increasing number of reports of patient complications related to robotic surgery in the last two years.
Traders are watching shares of Intuitive... More
Intuitive Surgical (ISRG) Slumps on ACOG Comments About Robotic Surgery
March 14, 2013 2:51 PM EDTIntuitive Surgical, Inc. (NASDAQ: ISRG) shares are slumping Thursday following a publication posted by American Congress of OB/GYN (ACOG) president President James T. Breeden, MD.
In summary, Breeden doesn't see robotic surgery as the most cost-efficient hysterectomy nor best minimally invasive approach.
The full publication is below. Intuitive is off 3 percent on the session.
Many women today are hearing about the claimed advantages of robotic surgery for hysterectomy, thanks to widespread marketing and advertising. Robotic surgery is not the only or the best minimally invasive approach for hysterectomy. Nor is it the most cost-efficient. It is important to separate the marketing hype from the reality when considering the best surgical approach for hysterectomies.
The outcome of any surgery is directly associated with the surgeons skill. Highly skilled surgeons attain expertise through years of training and experience. Studies show there is a learning curve with new surgical technologies, during which... More
