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....is it just or is this Single port robotic just kinda really hard? DaVinci SP has been around since at least 2009. Must be nice not having to meet ANY time lines. Maybe they also keep making "tweaks".....for 5 years.
You mean end in 2016?
I know everybody is drinking the management haterade this weekend but I just can't get over that fact that this "delay" is related to Intuitives delay to fully release their SP system. Doesn't this chess move put both companies on similar time lines for visibility? Is Titan taking advantage of this.
Intuitive Q3 report quote:
"With regard to our dedicated single port platform, da Vinci Sp, we continue to make progress and design for manufacturability and compatibility with Xi. I believe Sp will have strong applicability for procedures in which a single small entry point to the body and parallel delivery of instruments is important. A good example is head and neck surgery.
We anticipate initiating clinical use of our Xi-compatible Sp in the latter half of 2015, likely in support of regulatory submissions. We are planning a measured rollout of Sp as we receive necessary clearances and optimize our supply chain, and now do not expect 510(a) clearance for our Xi compatible Sp in 2015."
Thoughts?
In a pig probably hysterectomy and Nissen.
I noticed that too.
1) cholecystectomy
2) nephrectomy
3)?
4)?
Thanks. How's your back?
CUIN2, Dr. Valvo had already performed one of the new procedures, most likely in a pig, before they made the announcement. If Duke was telling the truth which I think he was, this is huge! Doesn't it make perfect sense? I just wonder, what else they have done.
Cholecystectomy and nephrectomy which is one the new procedures.
Okay okay okay. I give up. You are totally right. On Monday I will sell on my Titan shares and and but Transenterex shares. I will than convince my hospital to purchase the surgibot. I will save my hospital money and buy my own 3-D glasses at Best Buy. Oh and I forgot I will have to take Dramamine for the motion sickness. Smart money!
What's your take Belizeme?
That is a very good point that doesn't get mentioned enough..."you only need to prove efficacy if a similar device already existed". Doesn't this apply to all surgical devices? How hard can it be to prove efficacy in something that is being done every day with another robot?
I totally agree. This could really cut down on manufacturing costs and Ximedica is now well funded by SV lifesciences. I don't understand HCs concern about Paul LaViolette. If Surgibot succeeds he wins as board director, but if SPORT and Ximedica hit home run he wins even bigger. Two totally different technologies. Younger surgeons coming out of training are going to prefer the telepresence full emersion robotic technology over bed side 3D glasses contraptions. Also, simulation training will fully engineered into it with is a plus. It is much easier to teach a novice surgeon in training to do a lap chole with full emersion technology than bedside training. This is important when consider the fact that for the last 8 or so years residency programs limit work hours for all residents to only 80 hours a week. Not enough for general surgeon. Sadly many surgeons are coming out of training ill equipped. I read an article stating that up to 20% of fresh out of training surgical residents couldn't do a lap chole by themselves! Think big picture HC.
Check your blood pressure. Hang in there!
Thanks elcaribes. Sorry about my ranting yesterday you are truly a long who is objective and a supporter. I didn't mean to offend. I look forward to your informative posts. Ted
Wow, under 30yo with an engineering degree, medical degree and an anesthesiology residency. I'm impressed! You definitely have a great background to fully appreciate the forthcoming technology that Titan has to offer. I look forward to reading more of your posts. Especially during those long cases. Just make sure the patient isn't MOVING.
I thought everything in the OR was anesthesias fault. Lol
Lefy! "What we do in life... echoes in eternity". I'm not looking at my accounts today because no one likes to see there net worth drop. That being said I am also very long and was not planning to sell any shares until around 2030 since most of my shares are in IRA accounts.
No carpet has been pulled from under us. The flooring has been improved.
You have to ask yourself why would a gynecologist and urologist be on a SAB of a company developing a technology just for a lap chole. I wish I had waited to buy more but as they say, you can not time the market.
Maybe the next time I'm in the 'Ville we can hook up...No golf...maybe Starbucks.
"Be worthy to serve the suffering"
The market is never rational.
You are correct.
A multi-port SPORT would be an oxymoron. Multi-port single port orifice.......?
They are not changing direction like with Amedeus. They widening the net. The current prototype can do more than a lap chole. I'm sure they've been working on this for a while. They are just making it public and official now. I believe Duke saw a video of a nephrectomy and I wouldn't be surprised If they've already performed a porcine hysterectomy and others as well.
I totally agree with you. I initially thought that a single procedure would help with training but if you think about it, robotic telepresence surgery is already accepted and being debated in surgery circles. The main problem being cost and sometime time due to set up. They are now (as opposed to later) pursuing all abdominal procedures and effective surgeon training simultaneously. Again, my ISRG training left me a little isolated with certain procedures. I have personally emailed Dr. Fowler to express this concern. I'm sure I wasn't the only one.
Probably the SAB members and their colleagues, friends and families.
Lol!
Thanks
Can you post the link?
Hope all goes well.
This might take a little longer but for obvious reasons. They are making a better product. Smart money might like it but the impatient dumb money might not. I just love the fact that their are so many different entities involved in the development of SPORT. It now makes sense why they have been quite. Going for a larger market. Listening to many surgeons.
My favorite line...Based on "voice of customer" feedback and further consultations with the Company's development partners and the newly formed Surgeon Advisory Board, the Company is building additional prototypes and developing more advanced instruments and training systems for expanded use in additional surgical procedures.
They are really addressing training in a big way. This will pay great dividends.
I agree. Dr. Fowler told me last year that he foresaw SPORT being used for all abdominal surgeries. Not surprised at all. Why else would you have a leading gynecologists and urologist on the SAB. Dukes description of the nephrectomy video now makes sense.
Those surgeons did not use SPORT. Very few have. Ergonomics. I already do bedside surgery. That's old technology. But from your tone you don't think I'm really a surgeon do you? Goodnight.
To quote Peter Lynch again.."“This is investing, where the smart money isn’t so smart, and the dumb money isn’t really as dumb as it thinks. Dumb money is only dumb when it listens to the smart money.”
None of those analysts no as much about the feasibility and the most reasonable successful path of robotic surgery as I or others who are in the field know. I've used the only surgical robot and see its flaws. I know what would make it better.
My dumb money is smarter than theirs....only when it comes to robotic surgery.
Good point CUIN2. LGT, you should say touché.
Often institutional investors tend to react to short term events. It's debatable if they are good for a stock
Peter Lynch, in his best-seller "One Up on Wall Street" lists the 13 characteristics of the perfect stock. One of them is this: "Institutions don't own it and the analysts don't follow it". Lynch favors stocks that the big investment groups overlook because these stocks have more of a chance of being undervalued. Lynch argues that companies whose stock is owned by institutional investors are fairly valued, if not overvalued."
Thoughts?
What makes it SMART money?
Are you talking to yourself? I don't think anyone in your board is listening to you. I'm don't know why institutional investors are invested in a company with no profits. I like being in the company of retail investors who are very knowledgable in this space. This is true capitalism. Why should only the very wealthy and powerful has access investing in early technology.
Thanks.
Hey Mr. DJ...drop that beat!....no financial adviser would recommend this stock but who's pumping it? You actually have to do a lot of work to research what they are about. Mostly healthcare, medical device and engineering professionals are invested here. Invest in what you know. What kind of mixes do you make?
Thanks.
Well if your emails to Mr. Hargrove were as disrespectful as your emails were to Chris DuPont of Explor Resources than I don't blame him for not responding to you. It's unprofessional to berate a CEO and try to tell him/her what to do period. If you did that, which I think you did based on your tone on this board, you've made us all look bad. I really wish you would sell your shares and leave this board but you won't. You offer nothing. You are the first Ihub poster I will use ignore on.