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was CUIN2

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was CUIN2

Re: Honeycomb777 post# 1946

Saturday, 01/18/2014 4:01:49 PM

Saturday, January 18, 2014 4:01:49 PM

Post# of 140502
Honey,

A little more research and food for thought...

ISRG was founded in 1995 and raised $46 million in IPO in the year 2000 (about $61 million in 2014 dollars) to bring the system to market (we need a lot less) and our system capabilities and technology is superior.

ISRG received FDA approval for general Lap Surgery in 2000. PPS was $9.44 in June of 2000 all on an unproven concept/technology/company.

Also, acceptance of robotic surgery is a smaller barrier today than it was back when ISRG was trying to bring da Vinci to market.

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