Tuesday, October 08, 2013

The human side of the medical arms race

A woman on vacation takes a walk on the beach, recovering from a recent hysterectomy.  All of a sudden, her colon falls out of her vagina down to her knees – but think on the bright side, the procedure helped meet the Clinical Sales Rep’s quarterly quota!  (MAUDE Adverse event report.)

This is a particularly damning report from Citron Research about Intuitive Surgical.  They note:

In over 12 years of publishing probative stock research, Citron is most proud of the work we published on Intuitive Surgical (NASDAQ:ISRG) starting last December. Not because the stock suffered a decline of over 30% amidst a record- setting bull market, but rather because we helped raise to the forefront of public awareness the undisclosed dangers of robotic surgery and the subsequent dilemma: what happens when medical best practices collide with unbridled thirst for profits.

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