Mako Surgical (MAKO)
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CapsMin, S20>33,S50<67,S200>33,C>mx3
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Very young company just beginning to see revenue growth in a sure-fire megatrend of robotic surgery.
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preventative care
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Orthopedics. Revenue was 3.7 million for the first quarter of 2009 compared to 0.5 million for first quarter 2008. Positive news for a positive & growing company. Long with this one.
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Knee surgery anyone?
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Is this the next ISRG?.......maybe
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The demographic shift is increasing demand for minimally invasive knee surgery. Mako’s TGS system is approved by the FDA and this specific design limits bone and tissue damage by entering through a small “keyhole” incision. The best part about the Mako product is that it allows more doctors to perform these procedures because the TGS operates with greater precision than any surgeon. Finally with such a small market cap they will probably get bought sooner than later.
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This stock was picked by TMFCaccamise for the 2008 Stockpicking Contest.
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Robotic surgery is the future of surgery.
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Using robotics to enhance the precision of the surgeon's hand has proved to be a winning proposition in recent years, with Intuitive Surgical the poster child for the cash generation potential of their general purpose surgical robot. MAKO has a device that is used for minimally invasive surgery on the knee, resulting in reduced trauma greater success and fast recovery times. Seems like a good bet as the number of aging knees is booming these days.
With Hansen Medical this company is the third member of my surgical robotics portfolio. We are getting into this one very early, with the concomitant higher risk and reward potential.
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The Healthcare sector is underbought and this fresh company with a recent IPO will surely outperform the market within the next two to three years. Mako makes robotic devices and implants for minimally invasive orthopedic knee procedures. The company said 181 procedures have been performed using its robotic system since commercial introduction in June 2006. While the markets offering it below IPO price, take advantage.

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