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Thursday, 05/25/2017 11:23:57 AM

Thursday, May 25, 2017 11:23:57 AM

Post# of 140475
Don't know if this is relevant but just noticed my Medtronic stock went up this am and saw this news come out. Just wanted to share in case y'all haven't already seen it.

Medtronic Details Plans for Surgical Robot Launch -- Market Talk
10:51 ET - Medtronic (MDT) says it is hoping to complete the development of its experimental surgical robot tool by year end, and to record "material revenue" from the product in fiscal year 2019. On an earnings call, MDT executives said their main strategy will be to convert traditional "open" surgeries, where patients are cut open with scalpels, to a minimally invasive approach aided by surgical robots. "If we can shift open surgeries to minimally invasive surgeries, that's a $10B prize without a single new patient," one MDT executive said on the conference call. (jeanne.whalen@wsj.com)