Sunday, January 05, 2014 5:28:07 PM
TRXC...
TransEnterix is a small cap medical device company that is awaiting FDA approval for its surgical robot, The Surgibot, which is based on its unique Spider System technology. The device is expected to be approved in 2014, and offers several advantages to Intuitive Surgical's Da Vinci System. The Surgibot is a minimally invasive surgical platform that utilizes a single incision that is about the size of a dime. The system has a much smaller footprint than the Da Vinci, will be considerably cheaper for hospitals, and allows surgeons to operate by the patient's side. A brief demonstration of the Spider System technology can be viewed here.
...IMO... ISRG will buy them if they get approval...if theur flexibility is so great...
Since Bozza's report was released, shares of TransEnterix have shed more than 20% and are entering bargain territory. The company is led by Todd Pope, former executive of Johnson and Johnson, and plans to present at the Stifel Nicolaus MedTech Madness 2013 event on December 16th. The strong likelihood of the Surgibot gaining FDA approval and the disruptive potential that the device possesses makes shares very attractive at these levels, which haven't been touched since the reverse merger between TransEnterix and Safestitch Medical was closed in September. I have covered TransEnterix before, and a recent analyst report on the company can be found here.
TRXC
TransEnterix is a small cap medical device company that is awaiting FDA approval for its surgical robot, The Surgibot, which is based on its unique Spider System technology. The device is expected to be approved in 2014, and offers several advantages to Intuitive Surgical's Da Vinci System. The Surgibot is a minimally invasive surgical platform that utilizes a single incision that is about the size of a dime. The system has a much smaller footprint than the Da Vinci, will be considerably cheaper for hospitals, and allows surgeons to operate by the patient's side. A brief demonstration of the Spider System technology can be viewed here.
...IMO... ISRG will buy them if they get approval...if theur flexibility is so great...
Since Bozza's report was released, shares of TransEnterix have shed more than 20% and are entering bargain territory. The company is led by Todd Pope, former executive of Johnson and Johnson, and plans to present at the Stifel Nicolaus MedTech Madness 2013 event on December 16th. The strong likelihood of the Surgibot gaining FDA approval and the disruptive potential that the device possesses makes shares very attractive at these levels, which haven't been touched since the reverse merger between TransEnterix and Safestitch Medical was closed in September. I have covered TransEnterix before, and a recent analyst report on the company can be found here.
TRXC
“A man cannot directly choose his circumstances, but he can
choose his thoughts, and so indirectly, yet surely, shape his
circumstances. James Allen, As a Man Thinketh
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