Published on 6 Oct 2022 on Zacks via Yahoo Finance
Shares of Intuitive Surgical ISRG have gained 7.9% since Sep 30, following the approval for its single-port robotic surgical system — da Vinci SP — from Japan’s Ministry of Health, Labour and Welfare (MHLW). The Japanese regulatory authority has cleared the da Vinci SP surgical system for use in different surgeries like general surgeries, thoracic surgeries (excluding cardiac procedures and intercostal approaches), urologic surgeries, gynecological surgeries, and transoral head and neck surgeries.
Intuitive Surgical is planning to launch the new single-port robotic surgical system in Japan soon. The company stated that da Vinci SP can also be used in Korea for urologic surgery, general laparoscopic surgery, gynecologic laparoscopic surgery, general thoracoscopic surgery, and otolaryngologic surgery performed via an oral approach.
The da Vinci SP system is already approved and available in the United States for urology and transoral otolaryngology procedures.