Intuitive Surgical

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Intuitive Surgical Inc.
Type Public (NASDAQISRG)
Founded 1995
Headquarters Sunnyvale, California, USA
Key people Lonnie M. Smith, CEO
Industry Medical Appliances & Equipment
Products da Vinci Surgical System
Revenue $372.6 million USD (+64% FY '05 to '06)
Operating income $107.3 million USD (+56% FY '05 to '06)
Net income $72 million USD (-23% FY '05 to '06)
Employees 563
Website www.intuitivesurgical.com

Intuitive Surgical Inc. (NASDAQISRG) is a corporation that manufactures robotic surgical systems, most notably the da Vinci Surgical System. Intuitive Surgical has a market capitalization of 9.77 billion USD and is part of the Nasdaq-100 and S&P 400 MidCap Indices. Intuitive Surgical has installed over 867 systems worldwide as of March 2008.

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[edit] Brief Chronology

  • 1995 The company is founded.
  • 1999 Da Vinci Surgical System is introduced.
  • 2000 IPO
  • 2003 The company merges with Computer Motion, Inc (RBOT).[1]

[edit] da Vinci Surgical System

Intuitive Surgical is famous for introducing the first robotic surgical system approved by the FDA, the da Vinci Surgical System. Developed in the late 1980s at the former Stanford Research Institute under contract to the U.S. Army, the da Vinci Surgical System allows surgery to be performed remotely using robotic manipulators, and was approved for general laparoscopic surgery in 2000. It was subsequently approved for thoracoscopic surgery, for cardiac procedures performed with adjunctive incisions, and urologic and gynecologic procedures. [2]

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