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Intuitive Surgical Stock Remains Suppressed, Despite Procedure Growth

 
• By Barnaby Pickering

Anti-corruption campaigns in China, a shift towards leasing systems and the ever-problematic presence of GLP-1 inhibitors has led analysts, journalists and commentators to voice concerns about the robotic surgery giant. 

Against a variety of headwinds, Intuitive Surgical placed 322 new da Vinci systems worldwide in the third quarter and saw its procedure volume grow 19% compared to the third quarter of 2022, building on momentum from the first half of 2023.

“We saw strong growth in procedures performed by our customers, solid new system placements and healthy growth and utilization amid market conditions that remain largely consistent with Q2,” Intuitive

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Does Makary’s Reorg Choice Mark FDA Turning Point?

 
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