(AOF) – Intuitive Surgical is expected to rise in pre-market trading on Wall Street after the US Food and Drug Administration (FDA) granted 510(k) clearance to da Vinci 5, its robotics platform latest generation surgical procedure which will be able to be marketed in the United States. “Intuitive is committed to making meaningful improvements to surgery that enable better patient outcomes, improve the patient and care team experience, and ultimately reduce the total cost of care,” reacts medtech.
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Oncology, priority of pharmaceutical giants
Sanofi’s stock market disappointment recorded at the end of October 2023 underlines the new direction for the group, which has now set oncology as its number 1 priority. Efforts in this segment, where therapies are advancing the fastest, notably involve investments in R&D which weigh on profitability. Sanofi therefore announced a drop in its earnings per share in 2024 and the abandonment of its objective of an operating margin of 32% in 2025. Merck has just unveiled a new alliance. It will pay up to $22 billion to the Japanese group Daiichi Sankyo as part of a partnership on experimental cancer treatments. While some experts estimate that the United States represents nearly half of global oncology spending (drugs and treatments), or $196 billion in 2022, Chinese spending in this area has more than doubled in five years, going from 5 to 11.8 billion dollars.