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was CUIN2

01/18/14 4:01 PM

#1959 RE: Honeycomb777 #1946

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.