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Intuitive Surgical Company Profile

17:45 EDT 23rd September 2018 | BioPortfolio

Intuitive Surgical, Inc. (Nasdaq: ISRG) is the global technology leader in robotic-assisted minimally invasive surgery (MIS). The Company's da Vinci® Surgical System offers surgeons superior visualization, enhanced dexterity, greater precision and ergonomic comfort for the optimal performance of MIS. The da Vinci System enables surgeons to perform even complex procedures such as open-heart surgery through 1-2 cm incisions. This breakthrough is allowing hospitals everywhere to extend the benefits of MIS to a broader base of patients. An investment in an MIS initiative that is built on the da Vinci Surgical System platform can provide hospitals with greater return in the areas of market share growth, utilization mix, productivity and operational efficiencies. Improved operational efficiencies may include reduced incidence of complications and post-operative infections; reduced need for blood transfusions and post-operative pain management, simplified post-operative nursing care and reduced length of stay. The original prototype for Intuitive Surgical’s da Vinci System was developed in the late 1980s at the former Stanford Research Institute under contract to the U.S. Army. While initial work was funded in the interest of developing a system for performing battlefield surgery remotely, possible commercial applications were even more compelling: It was clear to those involved that this technology could accelerate the application of a minimally invasive surgical approach to a broader range of procedures. In 1995, Intuitive Surgical was founded to test this theory. In January 1999, Intuitive launched the da Vinci Surgical System, and in 2000, it became the first robotic surgical system cleared by the FDA for general laparoscopic surgery. In the following years, the FDA cleared the da Vinci Surgical System for thoracoscopic (chest) surgery, for cardiac procedures performed with adjunctive incisions, urologic and gynecologic procedures. In June 2000, Intuitive Surgical conducted a successful initial public offering. In 2003, the Company acquired its principal competitor Computer Motion, strengthening its intellectual property holdings and ensuring its position as the world’s sole provider of robotic-assisted surgical systems. Today, over 500 da Vinci Systems are installed in hospitals worldwide. Intuitive Surgical currently has rights to over 300 U.S. and foreign patents, as well as patents pending. In addition to developing its own proprietary technologies, Intuitive Surgical has established relationships with several industry leaders including IBM Corporation, Massachusetts Institute of Technology (MIT) and Heartport, Inc. (Johnson & Johnson). The Company has also entered into industry collaborations with companies including Ethicon Endo-Surgery (Johnson & Johnson), Medtronic and Olympus Optical. Headquartered in Sunnyvale, California, Intuitive Surgical has more than 500 employees in offices worldwide. Intuitive Surgical’s sales for the 2005 fiscal year totaled $227.3 million, up 64% from $138.3 million in 2004. Recurring revenue totaled $102.7 million or 71% of total revenue in 2005, compared to $60 million in 2004. The da Vinci Prostatectomy procedure is currently the fastest-growing treatment for prostate cancer, which is the second leading cause of cancer-related death in men.

Location

1266 Kifer Road, Building 101
Sunnyvale
CA
94086-5304
United States of America

Contact

Phone: 408-523-2100
Fax: 408-523-1390


News Articles [383 Associated News Articles listed on BioPortfolio]

Intuitive Surgical Beats Expectations, Driven By da Vinci System

Intuitive Surgical again beat revenue and earnings expectations with the help of its da Vinci robotic surgical systems when it reported its second quarter performance after the market closed Thursday.

Earnings Preview: What To Expect From Intuitive Surgical On Thursday

Intuitive Surgical is expected to report $2.50/share on $868.48 million in revenue. Meanwhile, the so-called Whisper number is $2.65.

Intuitive Surgical invests $15M in Broncus Medical

A round of Series A financing involving Intuitive Surgical has brought in $15 million for San Jose, Calif.-based Broncus Medi -More- 

FDA clears expanded use of Intuitive Surgical's da Vinci SP device

The FDA has granted Intuitive Surgical 510(k) clearance for its da Vinci SP robot-assisted surgery device for use in procedur -More- 

Intuitive Surgical Announces Second Quarter Earnings

Intuitive Surgical (NASDAQ:ISRG) has announced its financial results for the quarter ended June 30, 2018. As quoted in the press release: Q2 Highlights Worldwide da Vinci procedures grew approximately...

Broncus Medical gets $15mm Series A investment from Intuitive Surgical

Broncus Medical Inc. (diagnostic and therapeutic technology for lung disease) raised $15mm in a Series A financing from surgical device maker Intuitive Surgical.

Intuitive Surgical gets FDA clearance for first 60mm stapler

Intuitive Surgical has secured approval from the US Food and Drug Administration for its fully wristed 60mm stapler.

Intuitive Surgical's stapler wins FDA clearance

Intuitive Surgical has obtained 510(k) clearance from the FDA for its SureForm 60 single-patient use 60-millimeter stapler,  -More- 

Drugs and Medications [58 Associated Drugs and Medications listed on BioPortfolio]

Ecolab [Ecolab Inc.]

Drug Facts

Ecolab [Ecolab Inc.]

Drug Facts

Endure 450 [Ecolab Inc.]

Drug Facts

Betadine [Purdue Products LP]

Betadine Surgical Scrub Povidone-iodine, 7.5%

Triseptin [HEALTHPOINT, LTD]

TRISEPTIN Hand and Body Antiseptic – alcohol lotion CareFusion

PubMed Articles [1802 Associated PubMed Articles listed on BioPortfolio]

Intuitive versus Algorithmic Triage.

IntroductionThe most commonly used methods for triage in mass-casualty incidents (MCIs) rely upon providers to take exact counts of vital signs or other patient parameters. The acuity and volume of pa...

DigBody: A new 3D modeling tool for nasal virtual surgery.

Recent studies have demonstrated that a significant number of surgical procedures for nasal airway obstruction (NAO) have a high rate of surgical failure. In part, this problem is due to the lack of r...

Surgical Instrument Reprocessing in Resource-Constrained Countries: A Scoping Review of Existing Methods, Policies, and Barriers.

Surgical infections are a major cause of morbidity and mortality in low- and middle-income countries (LMICs). Inadequately reprocessed surgical instruments can be a vector for pathogens. Little has be...

Effect of mapping biopsy on surgical management of cholangiocarcinoma.

The effect of endoscopic transpapillary mapping biopsy (MB) on decision-making of surgical indications, selecting surgical procedures, or operative outcomes remains unclear.

Revision PCL Reconstruction Review/Update.

The primary goal of this review is to update recent literature on revision PCL reconstruction and to discuss factors relevant to surgical failure, surgical indications and goals, patient evaluation, s...

Clinical Trials [2664 Associated Clinical Trials listed on BioPortfolio]

Assessing the da Vinci® Robotic Surgical System for Surgery of the Upper Aerodigestive Tract

To assess the use of the da Vinci® Robotic Surgical System (Intuitive Surgical, Inc., Sunnyvale, CA) in transoral surgeries in patients with benign and malignant lesions of the oral cavit...

Robotic Assisted Versus Laparoscopic Cholecystectomy - Outcome and Cost Analyses of a Case-Matched Control Study

Case matched study on 50 consecutive patients undergoing robotic assisted cholecystectomy (Da Vinci Robot, Intuitive Surgical). These patients are matched 1:1 to 50 patients with conventio...

A Pilot Study Assessing Robotic Surgery in the Seated Position for Benign and Malignant Lesions of the Head and Neck

This study is designed to investigate if transoral surgery with the patient in the seated position utilizing the da Vinci® Robotic Surgical System (Intuitive Surgical, Inc., Sunnyvale...

Public Health Messages to Address Vaccine Hesitancy

Views on vaccines range from those who are strongly supportive to those who are stridently opposed and will not budge from identity-based core beliefs about vaccines. In between these pole...

To Evaluate the Robotic Surgery in a Dedicated Multidisciplinary Pediatric Program and the Relative Cost of Robotic Surgery

Robotic minimally invasive surgery has been rapidly adopted for a wide variety of surgical procedures in adult patients across a broad spectrum of surgical specialties. This has occurred d...

Companies [810 Associated Companies listed on BioPortfolio]

Intuitive Surgical

Intuitive Surgical, Inc. (Nasdaq: ISRG) is the global technology leader in robotic-assisted minimally invasive surgery (MIS). The Company's da Vinci® Surgical System offers surgeons superior visualiz...

First Surgical Partners Inc.

First Surgical Partners Inc. (“First Surgical”) operates two ambulatory surgery centers and a general acute care hospital in the Houston area. The surgeons that utilize ...

RF Surgical Systems Inc.

RF Surgical Systems, Inc. is the market leader in the detection and prevention of retained surgical items. The RF Surgical Detection System is the preferred solution in more than ...

For RF Surgical RF Surgical

RF Surgical Systems, Inc. is the market leader in the prevention and detection of retained surgical sponges. The RF Surgical Detection System is the preferred solution in more tha...

RF Surgical, Inc.

RF Surgical Systems, Inc. is the market leader in the detection and prevention of retained surgical sponges. The RF Surgical Detection System is the preferred solution in more tha...

More Information about "Intuitive Surgical" on BioPortfolio

We have published hundreds of Intuitive Surgical news stories on BioPortfolio along with dozens of Intuitive Surgical Clinical Trials and PubMed Articles about Intuitive Surgical for you to read. In addition to the medical data, news and clinical trials, BioPortfolio also has a large collection of Intuitive Surgical Companies in our database. You can also find out about relevant Intuitive Surgical Drugs and Medications on this site too.

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