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Titan Medical Inc. (TITXF)

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Last Post: 10/23/2014 11:04:46 PM - Followers: 152 - Board type: Free - Posts Today: 0

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   


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
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)

Recent Stock Performance (TITXF)


#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
#15140 cptjsd 10/23/14 11:04:46 PM
#15139   Good examples. cptjsd 10/23/14 11:03:54 PM
#15138   Sorry, that is only applicable to the employees BelizeMe 10/23/14 09:56:33 PM
#15137   Lol... CUIN2 10/23/14 09:36:30 PM
#15136   I her ya Cuin. I had enough cptjsd 10/23/14 09:25:12 PM
#15135   1 CUIN2 10/23/14 07:15:05 PM
#15134   5000 SHARES IS NOT A TON suckitup 10/23/14 07:10:37 PM
#15133   HOW MANY SHARES? suckitup 10/23/14 07:09:26 PM
#15132   Another nice find IITF. I wish we could Flenderson 10/23/14 07:09:23 PM
#15131   Non-competes are completely, unequivocally illegal for employees of investinthefuture 10/23/14 07:08:32 PM
#15130   It seems like there's always a loop hole cptjsd 10/23/14 07:02:26 PM
#15129   Another new patent application: investinthefuture 10/23/14 07:00:52 PM
#15128   wrong...isrg reps do not have non comptetes...when most ORrep8 10/23/14 06:55:08 PM
#15127   I bought in when they were still working investinthefuture 10/23/14 06:45:26 PM
#15126   In 2009/10 I bought tons of shares for CUIN2 10/23/14 06:01:51 PM
#15125   Thanks....been in since the beginning of 2014. bought elcaribes 10/23/14 05:28:57 PM
#15124   I think we all are, but nothing we Flenderson 10/23/14 04:50:44 PM
#15123   First time to post here. Anyone else getting elcaribes 10/23/14 04:28:56 PM
#15122   I think that a true stereoscopic image requires Bristol19 10/23/14 03:33:42 PM
#15121   I hope Titan doesn't read your post and cptjsd 10/23/14 03:14:36 PM
#15120   I hope their not revealing everything that's going BIGKAHUNA57 10/23/14 02:56:06 PM
#15119   BIGK - You are on to something that CUIN2 10/23/14 02:48:21 PM
#15118   Now that's got me thinking…. A) Why BIGKAHUNA57 10/23/14 02:26:36 PM
#15117   Lol CUIN2 10/23/14 02:03:06 PM
#15116   What's to keep both snake arms the same BIGKAHUNA57 10/23/14 01:11:29 PM
#15115   The thinnest Cardica stapler is 5mm, as I Bristol19 10/23/14 12:29:40 PM
#15114   Ironically, the stock will be negatively impacted if Flenderson 10/23/14 01:40:38 AM
#15113   Nice assessment Flenderson. CUIN2 10/22/14 07:06:29 PM
#15112   Agree with you 100 percent! Adrock 10/22/14 06:25:00 PM
#15111   Well written and fully agreed! jetuomi 10/22/14 05:48:23 PM
#15110   Although it's been very quiet for some time Flenderson 10/22/14 05:44:07 PM
#15109   Thanks. You are the patent king! Daktari 10/22/14 03:16:06 PM
#15108   One of my investment account is showing RED gt70 10/22/14 02:36:35 PM
#15107   Daktari, the Mayo stapler isn't so elusive. investinthefuture 10/22/14 02:19:43 PM
#15106   This so called "Mayo stapler" has been very Daktari 10/22/14 12:53:02 PM
#15105   Maybe Titan would look like a good buyout cptjsd 10/22/14 12:48:19 PM
#15104   Intuitive initiated a stop-use of their da Vinci Daktari 10/22/14 12:15:37 PM
#15103   Seems to be no rhyme or reason for BIGKAHUNA57 10/22/14 11:07:38 AM
#15102   *bombard Geo2014 10/22/14 11:04:24 AM
#15101   He will either post from a ledge on Geo2014 10/22/14 11:03:38 AM
#15100   Are you using one of your 3 wishes? BIGKAHUNA57 10/22/14 11:01:40 AM
#15099   Would disposable sleeves create the need for a cptjsd 10/22/14 10:57:02 AM
#15098   2.50 Daktari 10/22/14 10:50:19 AM
#15097   2.11 Adrock 10/22/14 10:44:41 AM
#15096   At what PPS does everyone think Honey will Daktari 10/22/14 10:37:14 AM
#15095   I don't see how Titan can "hire away" BIGKAHUNA57 10/22/14 10:21:30 AM
#15094   Their are black sleeves on the videos. Daktari 10/22/14 10:20:50 AM
#15093   A) I'd consider disposable sleeves. If you BIGKAHUNA57 10/22/14 10:18:15 AM
#15092   Makes sense to me thank you for your Adrock 10/22/14 09:13:36 AM
#15091   I work with some of the best doctors/surgeons Bristol19 10/22/14 09:05:35 AM