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Robotic surgical device maker Intuitive Surgical Inc. said Friday its da Vinci S system received regulatory approval in Japan. Da Vinci systems are used in heart surgeries, prostatectomies, hysterectomies and other procedures. Surgical procedures on the da...
SAN FRANCISCO (MarketWatch) -- Intuitive Surgical Inc. said late Tuesday its third-quarter net income rose to $64.5 million, or $1.64 a share, from $57.6 million, or $1.44 a share, in the year-ago period. Revenue rose to $280.1 million from $236 million a year ago. Analysts surveyed by FactSet
http://www.marketwatch.com/story/intuitive-surgical-third-quarter-profit-rises-2009-10-20?siteid=rss
Robotic surgical device maker Intuitive Surgical Inc. said Friday its da Vinci S system received regulatory approval in Japan.
http://www.newsvine.com/_news/2009/11/20/3526118-intuitive-surgicals-da-vinci-s-approved-in-japan
NEW YORK, October 13 (newratings.com) - Analysts at Brean Murray reiterate their "buy" rating on Intuitive Surgical Inc (ticker: ISRG). The target price has been raised from $235 to $280. [more]
http://www.newratings.com/en/main/company_headline.m?id=1975613
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SUNNYVALE, Calif., Nov 20, 2009 (GlobeNewswire via COMTEX) --
Intuitive Surgical, Inc. (Nasdaq:ISRG), the industry leader in surgical robotics, today announced that it has received regulatory approval from the Ministry of Health, Labor and Welfare (MHLW) to allow marketing of its da Vinci S System in Japan.
Commenting on the announcement, Gary Guthart, President and COO of Intuitive Surgical, said, "We are pleased with the Ministry of Health's decision to grant Shonin approval for the da Vinci S Surgical System. This approval has been a long process for Intuitive, and we are happy to be one step closer to bringing our products to market in Japan. Our focus will now shift toward satisfying the trade and importation requirements necessary for commercialization and to obtain appropriate reimbursement for da Vinci procedures in Japan."
About Intuitive's Products
Intuitive Surgical, Inc. (Nasdaq:ISRG), headquartered in Sunnyvale, California, is the global technology leader in robotic-assisted, minimally invasive surgery. Intuitive Surgical develops, manufactures and markets robotic technologies designed to improve clinical outcomes and help patients return more quickly to active and productive lives. The Company's mission is to extend the benefits of minimally invasive surgery to the broadest possible base of patients. Intuitive Surgical - Taking surgery beyond the limits of the human hand(TM).
About the da Vinci(R) Surgical System
The da Vinci(R) System is a breakthrough surgical platform designed to enable complex surgery using a minimally invasive approach. The da Vinci(R) System consists of an ergonomic surgeon console, a patient-side cart with four interactive robotic arms, a high-performance vision system and proprietary EndoWrist(R) instruments. Powered by state-of-the-art robotic and computer technology, the da Vinci(R) System is designed to scale, filter and seamlessly translate the surgeon's hand movements into more precise movements of the EndoWrist(R) instruments. The net result is an intuitive interface with breakthrough surgical capabilities. By providing surgeons with superior visualization, enhanced dexterity, greater precision and ergonomic comfort, the da Vinci Surgical System makes it possible for more surgeons to perform minimally invasive procedures involving complex dissection or reconstruction. This ultimately has the potential to raise the standard of care for complex surgeries, translating into numerous potential patient benefits, including less pain, a shorter recovery and quicker return to normal daily activities.
Intuitive(R), da Vinci(R), da Vinci S(R), da Vinci(R) Si(TM), InSite(R) and EndoWrist(R) are trademarks or registered trademarks of Intuitive Surgical, Inc.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are necessarily estimates reflecting the best judgment of our management and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. These forward-looking statements should, therefore, be considered in light of various important factors, including the following: the impact of the global economic recession and tightening credit market and related impact on health care spending; timing and success of product development and market acceptance of developed products; regulatory approvals, clearances and restrictions; guidelines and recommendations in the health care and patient communities; intellectual property positions and litigation; competition in the medical device industry and in the specific markets of surgery in which Intuitive Surgical operates; unanticipated manufacturing disruptions; delays in regulatory approvals of new manufacturing facilities or the inability to meet demand for products, the results of the year end audit, and the other factors detailed from time to time under the heading ``Risk Factors'' in our report on Form 10-K for the year ended December 31, 2008, as updated from time to time by our quarterly reports on Form 10-Q and our other filings with the Securities and Exchange Commission. Statements concerning forecasts, revenue growth, procedure growth, future financial results, and statements using words such as "estimate", "project", "plan", "intend", "expect", "anticipate", "believe" and similar expressions are intended to identify forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. We undertake no obligation to publicly update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Intuitive Surgical, Inc.
CONTACT: Intuitive Surgical, Inc. Ben Gong 408-523-2175 Laura Lee Luna 408-523-2161
Tags: art california cart clinical computer financial results forecasts health japan labor manufacturer manufacturing market marketing nasdaq president product development products property revenue robotics securities surgery technology
Companies: Intuitive Surgical, Inc. (ISRG)
Nov 18, 2009 (SmarTrend(R) Spotlight via COMTEX) --
Intuitive Surgical (NASDAQ:ISRG) initiated as Market Perform at Morgan Keegan. The stock closed yesterday at $281.58 on volume of 388,400 shares, below average daily volume of 843,392.
Intuitive Surgical is currently above its 50-day moving average of $253.39 and above its 200-day moving average of $176.28.
SmarTrend is bullish on shares of ISRG and our subscribers received an Uptrend alert on September 10, 2009 at $243.73, which has returned 15.5% to date.
Write to Chip Brian at cbrian@tradethetrend.com
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Tags: market nasdaq securities
Companies: Intuitive Surgical, Inc. (ISRG)
Nov 18, 2009 (Fresh Brewed Media via COMTEX) --
Intuitive Surgical (NasdaqNM: ISRG) opened at $281.29. So far today, the stock has hit a low of $279.20 and a high of $283.00. ISRG is now trading at $280.30, down $1.28 (-0.45%). The stock hit its 52-Week high of $281.69 in yesterday and set its 52-Week low of $84.86 in March. Morgan Keegan initiated coverage on the stock today with a Market Perform rating. Technical indicators for the stock are neutral and S&P gives ISRG a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on ISRG the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 220 range.
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Companies: Intuitive Surgical, Inc. (ISRG)
Nov 16, 2009 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend, our proprietary pattern recognition system, called an Uptrend for Intuitive Surgical (NASDAQ:ISRG) on September 10, 2009 at $243.73.
Since then, Intuitive Surgical has returned 14.4% as of today's recent price of $278.90. Want to profit from these alerts?
Go to www.mysmartrend.com now for a FREE two-week trial.
Write to Chip Brian at cbrian@tradethetrend.com
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SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.
Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html
Tags: market nasdaq profit securities trial
Companies: Intuitive Surgical, Inc. (ISRG)
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DOCUMENT TYPE: Modification/Amendment DATE POSTED: 05-OCT-09 AGENCY: Department of the Navy LOCATION: Department of the Navy, Bureau of Medicine and Surgery, NMC San Diego CLASSIFICATION CODE: J - Maintenance, repair & rebuilding of equipment SUBJECT: Intuitive Surgical Da Vinici Service
http://www.zibb.com/article/5570846/INTUITIVE+SURGICAL+DA+VINICI+SERVICE+MAINTENANCE
Intuitive Surgical Search Contact Company Products Hospital Resources Physician Resources Patient Resources Customer Services Intuitive Surgical - Taking surgery beyond the limits of the human hand. The breakthrough platform for minimally invasive surgery - da Vinci Surgical System Events EAU March
Look back at the week that was on Mad About Options' Weekly Recap for January 5th through 9th, 2009. The MAO crew remembers Questar Corp, Wells Fargo & Co, Goldman Sachs Group Inc, Intuitive Surgical Inc and Panera Bread Co.
REDWOOD CITY, CA, Dec 17, 2008 (MARKET WIRE via COMTEX) -- Cardica, Inc. (NASDAQ: CRDC) today announced the webcast of a robot-assisted, closed-chest coronary artery bypass graft (CABG) procedure performed by internationally renowned cardiothoracic surgeon Sudhir Srivastava, M.D.
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Careers at Intuitive Surgical Talent, Motivation, Leadership. Intuitive Surgical's success is due to its technology, its vision and its people. Our employees are essential in ...
http://www.intuitivesurgical.com/corporate/careers/index.aspx
Intuitive Surgical designs and builds the da Vinci Surgical System, the breakthrough platform for robotically assisted minimally invasive surgery.
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