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Titan Medical Inc. (TITXF)

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Last Post: 10/21/2014 12:37:00 AM - Followers: 153 - Board type: Free - Posts Today: 1

Titan Medical Inc. is a Canadian public company, headquartered in Toronto, Ontario, and listed on the Toronto Stock Exchange (TMD) & the OTCQX in the U.S. (TITXF). Titan is developing  the SPORT™ (Single Port Orifice Robotic Technology) Surgical System for use in minimally invasive surgery (“MIS”) that is expected to be commercially available in 2015. Titan’s robotic surgical system is being designed to expand robotic surgery into areas that are currently underserviced. This will allow surgeons to perform procedures within small to medium size surgical spaces such as general surgery and cholecystectomy. Currently, the most common medical procedures for which robotic systems are used are hysterectomies and prostatectomies. Titan plans to target general surgery (gall bladder and appendix removal) and ear, nose and throat procedures.

The SPORT™ Surgical System includes the following:

  •  - a single-port surgeon controlled robotic platform that includes a 3D vision system and interactive instruments for performing MIS procedures, and
    - a surgeon workstation that provides the surgeon with an interface to the robotic platform for controlling the interactive instruments and providing a 3D endoscopic view of inside a patient’s body during MIS procedures.

Titan has completed the first phase in the development of the SPORT™ Surgical System and is starting the second phase which consists of tissue and cadaver testing. Following the second phase, there are two further phases of testing – the third phase which requires the building of a pre-production prototype and the fourth phase which consists of preparing the surgical system for commercialization. Commercialization is currently scheduled for the second half of 2015.

Global annual medical robotic revenues are currently approximately $4 billion and are expected to grow by 12% annually to $18 billion in 2018. Titan is planning to first commercialize the SPORT™ Surgical System in Europe followed by the United States, the world’s two largest markets for robotic surgery.

Intellectual Property:

TITAN currently has numerous granted patents and 12 patent apps filed in the USA or under the Patent Cooperation Treaty. FULLY FUNDED to take SPORT through commercialization. 101 million O/S   

Benefits:

The robotic surgical system is being developed with the objective of delivering multiple benefits to patients, surgeons and hospitals. They include the following:

For the Patient

A shorter hospital stay

Reduced pain, scarring and risk of infection

Less blood loss
t
Quicker recovery

For the Surgeon

Enhanced functionality, dexterity, versatility, field of vision via 3D technology and precision.

Improved ergonomics which potentially extend surgeons’ operating careers.

For the Hospital

Decreased length of patient stay and reduced risk of infection improves patient throughput leading to improved return on assets.

Reduced risk of infection also contributes to improved margins on case rate procedures.

Increased patient satisfaction, which contributes to patient referrals and patient demand.

Increased physician satisfaction, which impacts physician demand for hospital usage in both robotic and non-robotic cases.

Lower cost / highly portable device (easily moved)



http://www.canhealth.com/images/PDF/Canadian%20Healthcare%20Technology%202013-08.pdf

Recent Stock Performance (TITXF)



                                           
 
 

PostSubject
#13052  Sticky Note Another new patent application: investinthefuture 09/05/14 04:31:45 PM
#11034  Sticky Note A new patent (as of 29 July 2014): investinthefuture 07/29/14 07:36:18 PM
#376  Sticky Note look at the company web page and see buccaneer1961 11/16/13 12:35:49 AM
#15056   The very first step I would reccomend is Golf Pro 10/21/14 12:37:00 AM
#15054   That is a tough question Lefty. I cptjsd 10/20/14 10:12:21 PM
#15050   lmao! Geo2014 10/20/14 09:29:57 PM
#15048   Wow! Even if your prediction gets within Geo2014 10/20/14 07:06:48 PM
#15047   I predict we will have an update on cptjsd 10/20/14 04:40:40 PM
#15046   Bs claims? All were true except last one jerkmac posilock 10/20/14 04:32:27 PM
#15044   I just went online and im going to Adrock 10/20/14 03:47:56 PM
#15043   Honey is in a catatonic state right now investinthefuture 10/20/14 03:45:55 PM
#15042   When are we getting an update? Nov 6th I Adrock 10/20/14 03:09:20 PM
#15041   I just find it interesting that in 2010 Daktari 10/20/14 02:57:27 PM
#15040   I have not. I owned Cardica stock SurgGuy 10/20/14 02:43:36 PM
#15039   I saw that 2010 article but ISRG reps Daktari 10/20/14 02:31:05 PM
#15037   Daktari - last i knew ISRG was using SurgGuy 10/20/14 02:09:22 PM
#15036   agreed diamond482 10/20/14 12:48:48 AM
#15034   lmao! Geo2014 10/20/14 12:36:30 AM
#15031   At one time those wouldve been very conservative Geo2014 10/19/14 10:23:23 PM
#15030   lol, thanks for the trading lesson Diamond! Geo2014 10/19/14 10:17:14 PM
#15029   Dak, this is a great find. Another BIGKAHUNA57 10/19/14 08:38:04 PM
#15028   Fowler did go to the robotic surgery conference CUIN2 10/19/14 08:07:30 PM
#15027   I don't think it's ISRG. I think cptjsd 10/19/14 08:04:44 PM
#15026   Ya , it's crazy waiting for this Titan Slick Mic 10/19/14 07:12:19 PM
#15025   I would be shocked too. I don't cptjsd 10/19/14 06:58:37 PM
#15024   Don't be so niave Geo .... Insider trading diamond482 10/19/14 06:50:31 PM
#15023   Cptjsd!!! I'd love to see a .50 Slick Mic 10/19/14 06:36:49 PM
#15022   At this point the design freeze might only cptjsd 10/19/14 06:26:10 PM
#15021   Can't wait until they announce the Design Freeze! Slick Mic 10/19/14 06:10:21 PM
#15020   I wonder if this will be SPORTs stapler Daktari 10/19/14 05:26:14 PM
#15016   He was a neighbor? Geo2014 10/19/14 12:29:48 AM
#15015   I see a lot of frustration on this Noemotionseller 10/18/14 10:11:10 PM
#15014   no pervaserp is garbage i got out months posilock 10/18/14 09:37:23 PM
#15013   lol... i forgot he posted that... very strange.. posilock 10/18/14 09:34:48 PM
#15012   I agree with ya Geo2014!!!!!! Slick Mic 10/18/14 08:16:14 PM
#15011   I bought the TMD.WT.E which expire April 23rd, cptjsd 10/18/14 08:13:32 PM
#15010   Gotta stay HC, you bring it day in Geo2014 10/18/14 08:02:11 PM
#15009   Well Honey, I don't want you to leave Slick Mic 10/18/14 07:58:54 PM
#15008   Posi, is your Titan source the same source Geo2014 10/18/14 06:16:24 PM
#15007   Remember your post Suck. HONEY..ALL DUE RESPECT BUT YOU CUIN2 10/18/14 05:47:19 PM
#15006   AND THAT GOES FOR ME TOO suckitup 10/18/14 05:38:07 PM
#15005   Dont go honey. Everything is going to turn posilock 10/18/14 04:46:18 PM
#15004   It is he let me down... been on posilock 10/18/14 02:11:30 PM
#15003   Looking to do likewise, just curious what price whassup 10/18/14 02:05:19 PM
#15002   I agree. Have a little backbone HC. CUIN2 10/18/14 02:04:04 PM
#15001   Funny! bet kids tuition 10/18/14 12:51:56 PM
#15000   and you listened?? why? never do that ever! buccaneer1961 10/18/14 12:28:38 PM
#14999   LMAO! Geo2014 10/18/14 11:25:06 AM
#14998   Good stuff Daktari always look foward to your ColombianDreamHouse 10/18/14 10:28:47 AM
#14997   I reached out to him on another board CUIN2 10/18/14 09:34:14 AM
#14996   Very good read. Some may have already read Daktari 10/18/14 09:21:13 AM
#14995   I agree CUIN2 10/18/14 09:17:56 AM
#14994   That was a riot ,,,,, I used my Golf Pro 10/18/14 09:04:30 AM
PostSubject