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Mako Surgical’s stock takes a big hit

… Stock drops from $41 to $21. Many reasons given: slow sales of RIO systems; utilization rates of existing systems are down; class action suits; and investor restlessness.
… The problem of utilization rates, ie, systems sitting idle; of surgeons …

… Stock drops from $41 to $21. Many reasons given: slow sales of RIO systems; utilization rates of existing systems are down; class action suits; and investor restlessness.
… The problem of utilization rates, ie, systems sitting idle; of surgeons taking a long time to learn to effectively use the system, is not limited to MAKO. It’s just not talked about publicly.

By Frank Tobe

Frank Tobe is the owner and publisher of The Robot Report After selling his business and retiring from 25+ years as a provider of computer direct marketing and consulting to the Democratic National Committee, major presidential and other campaigns and initiatives, he has energetically pursued a new career in researching and investing in robotics. In 2013 he co-founded Robo-STOX™ LLC (renamed in 2015 to ROBO-Global) and developed a tracking index for the robotics industry: the ROBO-Global™ Robotics & Automation Index.

Frank is a member of Robohub and also a panel member for panel member for Robohub's Robotics by Invitation series.