Intuitive Has Its Eye on This Newcomer

In the following video, Motley Fool health care bureau chief Brenton Flynn continues his look at Intuitive Surgical's (NASDAQ: ISRG  ) annual report. Specifically, he takes a look at one possible new competitive threat emerging on the company's radar. The company, called IMRIS, has its primary focus on intraoperative MRI technology, but is currently conducting clinical trials for a surgical platform targeting neurological conditions. Brenton tells investors whether this company is a concern and what other competitive threats Intuitive might be facing.

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  • Report this Comment On February 24, 2013, at 9:55 AM, BruceBeck wrote:

    IMRS is the one to watch for neuro robotics. Their SYMBIS system (previously called Neuroarm) is the most advanced system for neuro & micro surgery on the market - or will be later this year. SYMBIS system can be used in conjunction with the VISIUS (interoperative MRI) operating suite (iMRI) to guide surgeons in real time on large HD screens just in front of them. This is the first time in history surgeons have the ability to monitor their progress in real time to help facilitate complete removal of tumors on the first attempt - minimizing follow up precedures significantly. This is HUGE cost savings to hospitals but most importantly significantly reduces risks to patients through repeated procedures. This is great news on multiple fronts. iMRIS will be fully moved into its new headquarters in Minneapolis by October 2013.

    iMRIS Inc. (ticker IMRS on Nasdaq).

  • Report this Comment On February 27, 2013, at 5:08 PM, tickertutor wrote:

    Great comment, Bruce! Couldn't have said it any better. 510k FDA application submitted in August 2012. Any idea how much longer before we get a decision?

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