Hello all.
Is anyone familiar with the field of robot assisted surgery?
I have been following $ASXC (Asensus Surgical Inc.) and their technological progress a bit a year ago. Especially I find AI assisted support very nice. For example, the system can compensate / elemenate tremor of operating physicians.
Also, there have been several approvals by the FDA, but somehow the stock doesn't get off the ground, as sales of the devices are not really increasing either. Relating to the number of leases, as they are mostly multi-year leases.
$ISRG (Intuitive Surgical Inc) on the other hand is worth almost 1000 times as much.
Yes, they were there before, but are they any better?
Last year, for example, there was news that Intuitive equipment was shut down during surgeries because there were probably disputes over leases. And yet they remain the market leader.
I find the field very exciting and there will certainly be a lot of money coming in here in the near future, but with Asensus still not making money, I seem to be overlooking one or two crucial ones.
Is there no expectation here?
Thx
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