Imara Agrees To Merge With Precision Oncology Player, Shares Surge

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Intuitive Surgical (NASDAQ: ISRG) leads the way in the vast, multi-billion-dollar surgical robotics industry, commanding an approximate market share of 80%. The success of its da Vinci Surgical System, which has been used in millions of minimally invasive procedures around the globe since it was first cleared by the U.S. Food and Drug Administration in 2000, has enabled the company to build a strong track record of financial growth and a highly profitable business. Over the past five years alone, the company has increased its annual revenue by 82%.

Source: https://finance.yahoo.com/news/imara-agrees-merge-precision-oncology-131556148.html