Mako Surgical’s stock takes a big hit
by
Frank Tobe
May 14, 2012
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.
Frank Tobe
is the owner and publisher of The Robot Report, and is also a panel member for Robohub's Robotics by Invitation series...
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