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Procept Biorobotics Corp - PRCT STOCK NEWS

Welcome to our dedicated page for Procept Biorobotics news (Ticker: PRCT), a resource for investors and traders seeking the latest updates and insights on Procept Biorobotics stock.

Company Overview

PROCEPT BioRobotics Corporation is a Silicon Valley-based surgical robotics company dedicated to transforming urologic patient care through innovative, minimally invasive solutions. With a deep commitment to clinical excellence, the company designs and manufactures advanced robotic systems that empower surgeons to perform precise procedures with predictable and reproducible outcomes.

Innovative Robotic Solutions

At its core, PROCEPT BioRobotics develops the AquaBeam and HYDROS Robotic Systems. These state-of-the-art platforms utilize real-time ultrasound imaging and advanced imaging guidance to enable personalized treatment planning. The AquaBeam system, the world’s first autonomous robotic platform for aquablation therapy, safely removes prostate tissue in cases of benign prostatic hyperplasia (BPH), regardless of anatomical variations or surgeon experience. The HYDROS system further integrates AI capabilities to optimize surgical planning and execution, improving both efficiency and clinical outcomes in urologic procedures.

Clinical Excellence and Evidence

The company’s approach is underscored by a robust body of clinical data, with over 150 peer-reviewed publications and multiple clinical trials validating the safety and efficacy of aquablation therapy. Surgeons benefit from a technology that delivers fast, consistent, and reproducible results. The focus on minimally invasive techniques is designed not only to reduce recovery time and complications but also to preserve critical functions such as sexual function and continence, thereby enhancing overall patient quality of life.

Advanced Technology and Real-Time Imaging

Through its image-guided surgical systems, PROCEPT BioRobotics provides surgeons with a multidimensional view of the prostate, allowing for precise tissue resection. The real-time ultrasound imaging incorporated into the robotic platforms ensures that each procedure is tailored to the unique anatomical characteristics of each patient. This level of personalization in treatment planning is crucial for achieving optimal clinical outcomes, demonstrating the company’s expertise in merging robotics, imaging technology, and surgical precision.

Market Position and Competitive Landscape

Operating within the highly specialized field of urologic surgical robotics, PROCEPT BioRobotics holds a distinctive position by focusing on treatments for BPH, a prevalent condition affecting millions of men in the United States. By pioneering aquablation therapy, the company has established itself as a credible innovator in an industry that demands rigorous clinical validation and continuous technological advancement. The combination of advanced robotics and a significant repository of clinical evidence sets the company apart from other medical device manufacturers, ensuring that its solutions remain relevant and trustworthy to both healthcare professionals and the broader medical community.

Operational Footprint and Product Strategy

While a majority of its revenue is generated in the United States, the company’s impact is increasingly global. PROCEPT BioRobotics is committed to expanding market access through strategic installations and consistent performance improvements across its product lines. With products that are designed to work effectively regardless of prostate size or shape, the company addresses a wide spectrum of patient profiles, enhancing its appeal within the diverse and competitive landscape of medical devices.

Commitment to Innovation and Quality

Innovation is central to the company’s ethos. Combining cutting-edge robotics with artificial intelligence, PROCEPT BioRobotics continually evolves its product offerings to meet the rigorous demands of modern urologic surgery. The operational philosophy emphasizes safety, efficiency, and clinical accuracy, ensuring that each robotic system not only meets but exceeds the necessary standards for transformational patient care. The company’s notable emphasis on clinical research and validation further reinforces its role as an authoritative and trusted player in the surgical robotics arena.

Summary

In summary, PROCEPT BioRobotics Corporation is a trailblazer in the field of surgical robotics, specializing in transformative solutions for urologic conditions such as BPH. By marrying innovative robotic technology with extensive clinical evidence, the company has redefined the parameters of minimally invasive surgery. Its dedication to advancing surgical precision and patient safety positions it as an essential contributor to modern urologic care. Investors and healthcare stakeholders seeking comprehensive insights into advanced medical device technologies will find this company’s approach both compelling and indicative of its expertise in the ever-evolving landscape of surgical robotics.

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PRCT - PROCEPT BioRobotics to Present at 35th Annual Piper Sandler Healthcare Conference in New York City
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PROCEPT BioRobotics reports unaudited financial results for Q3 2023, with total revenue of $35.1 million, a 72% increase YoY. U.S. handpiece and consumables revenue reached $17.0 million, up 113% YoY. Monthly account utilization increased by 5% compared to Q2 2023. The company sold 38 U.S. robotic systems, with robotic system and rental revenue of $13.5 million, up 37% YoY. Fiscal year 2023 total revenue guidance raised to $133.5 million. PROCEPT BioRobotics also completed an equity follow-on offering, raising $162 million in net proceeds, and received FDA IDE approval for Aquablation Therapy for Prostate Cancer.
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PROCEPT BioRobotics to report Q3 2023 financial results
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PROCEPT BioRobotics receives strong endorsement from NICE for Aquablation therapy
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PROCEPT BioRobotics announces grand opening of global corporate headquarters in San Jose
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PROCEPT BioRobotics receives FDA approval for IDE study on Aquablation therapy for prostate cancer.
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PROCEPT BioRobotics completes first commercial Aquablation therapy procedures in Japan, marking an important milestone in global expansion.
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PROCEPT BioRobotics® (Nasdaq: PRCT) will present at the 2023 Wells Fargo Healthcare Conference in Boston on September 7 at 3:00 p.m. Eastern Time. The presentation will be available via live webcast and archived on the company's website for at least 90 days.
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NorthShore University HealthSystem and PROCEPT BioRobotics announce the installation of a second AquaBeam Robotic System at Highland Park Hospital, making it the first hospital in the US to have two systems. Aquablation therapy, which treats Benign Prostatic Hyperplasia (BPH), is known for its exceptional clinical outcomes and low complication rates. NorthShore will also install a third AquaBeam system at Swedish Hospital in Chicago. BPH affects nearly 40 million men in the US, and Aquablation has been in high demand for treating lower urinary tract symptoms resulting from BPH.
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FAQ

What is the current stock price of Procept Biorobotics (PRCT)?

The current stock price of Procept Biorobotics (PRCT) is $51.23 as of April 4, 2025.

What is the market cap of Procept Biorobotics (PRCT)?

The market cap of Procept Biorobotics (PRCT) is approximately 2.9B.

What is the primary focus of PROCEPT BioRobotics?

PROCEPT BioRobotics focuses on advancing patient care in urology by developing and manufacturing innovative robotic systems for minimally invasive surgeries, specifically for the treatment of benign prostatic hyperplasia (BPH).

What are the key products offered by the company?

The company offers the AquaBeam Robotic System and the HYDROS Robotic System, which use advanced imaging and robotic assistance to perform precise tissue resection during urologic surgeries.

How does aquablation therapy work?

Aquablation therapy utilizes a heat-free waterjet mechanism guided by real-time ultrasound imaging to remove prostate tissue with precision, ensuring reproducible and predictable outcomes independent of prostate anatomy or surgeon experience.

What role does clinical evidence play in the company’s reputation?

The company has built its reputation on a significant body of clinical evidence, including numerous peer-reviewed studies and clinical trials that validate the safety, efficacy, and reproducibility of its aquablation therapy.

How does the HYDROS Robotic System differ from the AquaBeam system?

While both systems are designed for aquablation therapy, the HYDROS system integrates artificial intelligence to enhance intraoperative decision-making, offering advanced imaging interpretation for even more personalized surgical planning.

What distinguishes PROCEPT BioRobotics in the competitive landscape?

Its unique combination of cutting-edge robotic technology, comprehensive clinical validation, and a focus on a high-prevalence condition like BPH sets PROCEPT BioRobotics apart from other medical device manufacturers.

In which markets does PROCEPT BioRobotics operate?

The company primarily generates revenue in the United States, but it also maintains a growing presence in international markets, reflecting its global strategy for advancing urologic surgical care.

How does the company improve surgical outcomes with its robotic systems?

The use of real-time ultrasound imaging and robotic assistance allows for highly precise tissue resection, ensuring that surgeries are both effective and safe while preserving key functions such as sexual performance and urinary continence.
Procept Biorobotics Corp

Nasdaq:PRCT

PRCT Rankings

PRCT Stock Data

2.93B
52.01M
4.72%
94.59%
9.27%
Medical Devices
Surgical & Medical Instruments & Apparatus
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United States
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