Intuitive Announces FDA Clearance of Fifth-Generation Robotic System Summary - Thomson StreetEvents

Intuitive Announces FDA Clearance of Fifth-Generation Robotic System Summary

Intuitive Announces FDA Clearance of Fifth-Generation Robotic System Summary - Thomson StreetEvents
Intuitive Announces FDA Clearance of Fifth-Generation Robotic System Summary
Published Mar 18, 2024
14 pages (6853 words) — Published Mar 18, 2024
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Abstract:

Edited Brief of ISRG.OQ conference call or presentation 18-Mar-24 12:45pm GMT

  
Brief Excerpt:

...A. da Vinci 5 incorporates more than 150 design enhancements, including several standout innovations that we believe will drive the future of robotic-assisted surgery and provides significant benefits for surgeons, care teams, their patients and hospitals. B. Finally, da Vinci 5's computational core has 10,000x the computing power of our fourth generation systems. C. We are happy to report that FDA has cleared da Vinci 5 for the same indications as da Vinci Xi, except for cardiac and pediatric indications. D. With respect to pricing, we expect the gross system ASPs for da Vinci 5 will be approximately 30% higher than Xi....

  
Report Type:

Brief

Source:
Company:
Intuitive Surgical Inc
Ticker
ISRG.OQ
Time
12:45pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Robert Justin Marcus - JPMorgan Chase & Co, Research Division - Analyst : Great. And I'll also add my congratulations on the robotic approval. I wanted to ask, there were a number of new features like insufflation and cameras and I'm sure a number of others that used to be third-party add-ons that you're now bringing in-house. How do you think about Intuitive Surgical, taking these in-house? I would imagine you think you could do it better. And how does that add to the procedure revenues that you can see?


Question: Robert Justin Marcus - JPMorgan Chase & Co, Research Division - Analyst : No, I was all done. Go ahead.


Question: Robert Justin Marcus - JPMorgan Chase & Co, Research Division - Analyst : Great. And I appreciate that. Maybe just a quick follow-up. You talked about there's a great resell opportunity for Xi and potentially X, how do we think about the price change for those 2 robots? And you mentioned several contraindications for Xi, how do we think about those more broadly?


Question: Brandon Vazquez - William Blair & Company L.L.C., Research Division - Analyst : Congrats. On the -- one of the more interesting updates I saw was the improvement in processing power up to 10,000 more or x more processing power. I guess the question is, at launch, I assume you're not going to be fully utilizing that power. What can you use that processing power in the future? And what's kind of like the time line of development for some of those new features?


Question: Brandon Vazquez - William Blair & Company L.L.C., Research Division - Analyst : Okay. Great. And maybe one quick follow-up as maybe a little bit of clarification. I know you guys aren't updating or -- the guidance for the year, but maybe as a question of clarification on the guidance you previously provided, was da Vinci 5 launch already contemplated in that prior guidance?

Table Of Contents

Intuitive Surgical Inc Q3 2024 Earnings Call Summary – 2024-10-17 – US$ 54.00 – Edited Brief of ISRG.OQ earnings conference call or presentation 17-Oct-24 8:30pm GMT

Intuitive Surgical Inc at Wells Fargo Healthcare Conference Transcript – 2024-09-05 – US$ 54.00 – Edited Transcript of ISRG.OQ presentation 5-Sep-24 1:30pm GMT

Intuitive Surgical Inc Q2 2024 Earnings Call Summary – 2024-07-18 – US$ 54.00 – Preliminary Brief of ISRG.OQ earnings conference call or presentation 18-Jul-24 8:30pm GMT

Intuitive Surgical Inc Q2 2024 Earnings Call Transcript – 2024-07-18 – US$ 54.00 – Preliminary Transcript of ISRG.OQ earnings conference call or presentation 18-Jul-24 8:30pm GMT

Intuitive Announces FDA Clearance of Fifth-Generation Robotic System Transcript – 2024-03-18 – US$ 54.00 – Edited Transcript of ISRG.OQ conference call or presentation 18-Mar-24 12:45pm GMT

Intuitive Surgical Inc Q3 2023 Earnings Call Summary – 2023-10-19 – US$ 54.00 – Edited Brief of ISRG.OQ earnings conference call or presentation 19-Oct-23 8:30pm GMT

Intuitive Surgical Inc Q3 2023 Earnings Call Transcript – 2023-10-19 – US$ 54.00 – Edited Transcript of ISRG.OQ earnings conference call or presentation 19-Oct-23 8:30pm GMT

Intuitive Surgical Inc at Wells Fargo Healthcare Conference Transcript – 2023-09-07 – US$ 54.00 – Edited Transcript of ISRG.OQ presentation 7-Sep-23 7:00pm GMT

Intuitive Surgical Inc Q2 2023 Earnings Call Summary – 2023-07-20 – US$ 54.00 – Edited Brief of ISRG.OQ earnings conference call or presentation 20-Jul-23 8:30pm GMT

Intuitive Surgical Inc Q2 2023 Earnings Call Transcript – 2023-07-20 – US$ 54.00 – Edited Transcript of ISRG.OQ earnings conference call or presentation 20-Jul-23 8:30pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "Intuitive Announces FDA Clearance of Fifth-Generation Robotic System Summary" Mar 18, 2024. Alacra Store. May 02, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Intuitive-Announces-FDA-Clearance-of-Fifth-Generation-Robotic-System-B15922459>
  
APA:
Thomson StreetEvents. (2024). Intuitive Announces FDA Clearance of Fifth-Generation Robotic System Summary Mar 18, 2024. New York, NY: Alacra Store. Retrieved May 02, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Intuitive-Announces-FDA-Clearance-of-Fifth-Generation-Robotic-System-B15922459>
  
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