What Do Speedboats Have To Do with Surgery?
Nothing except a name, but Creo Medical says its Speedboat Inject device can turn some surgeries from prolonged hospital stays into one-day visits.
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A group of health care providers’ class action against Intuitive Surgical alleges that the firm’s sales agreements are anticompetitive, requiring costly repairs and instrument replacements that might otherwise be purchased from independent companies. According to Intuitive, plaintiffs must demonstrate sufficient demand for da Vinci parts and services separate from da Vinci systems.
The robotic surgery company recorded $1.29bn in first-quarter revenue, an 18% year-over-year increase. Worldwide da Vinci procedures were up 16% as surgical volumes recovered from the pandemic.
Intuitive reported better-than-expected second-quarter revenues and announced plans to roll out a new extended use program for certain surgical instruments, but remains cautious for the second half amid the COVID-19 pandemic.