Fast-Growing Biotech Vertex and Robotic Surgery Leader Intuitive Surgical Show Strong Growth and Long-Term Potential
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Vertex Pharmaceuticals is a profitable, fast-growing biotech with drugs treating cystic fibrosis. It has billions in profits and cash.
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Vertex has a promising late-stage pain drug that could treat pain without opioids. It also has a potential gene editing therapy.
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Intuitive Surgical makes surgical robots and gets most revenue from recurring sources like instruments and services.
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Intuitive Surgical's revenue and profits grew double-digits last quarter with more procedures performed.
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Adoption of surgical robots is still early, benefiting market leader Intuitive Surgical long-term.