Monday, November 30, 2015 9:34:05 PM
As for the question about the difference b/t arms and the end effectors, my first thought was a little disbelief that investors wouldn't know the difference but I've now come to believe that not everyone does the same due diligence as others.
There are parts of Titan that will be inserted into the patient, will then be taken out, sterilized and reused again (arms, camera housing unit, etc) - according to today's announcement, they will be manufactured by Cadence. There are also end effectors that are used to cut, suture, staplers, etc and do whatever else is needed in surgery that will be disposable (that is the worldwide supplier). They are two different companies. there is a difference b/t Surgical Instruments and Multi-Articulating instruments. Re-read thru the 2 different press releases and it should make sense, if it doesn't, I can't help you.
http://www.titanmedicalinc.com/titan-medical-inc-signs-an-agreement-with-cadence-device-inc-for-manufacturing-of-instruments-for-the-sport-surgical-system/
http://www.titanmedicalinc.com/titan-medical-inc-signs-agreement-with-worldwide-supplier-of-single-patient-use-robotic-tools/
FEATURED Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • May 7, 2024 8:51 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM