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I wish I knew that before I bought my last chunk. I guess I'll wait a couple of weeks before I buy again.
So the share price should come down in mid September?
So you work for Intuitive? What's your information?
Also if they had anything in the works in 2012, Dr. Fowler and Columbia would have sold the license to J&J not Titan. I'm sure they shopped around for the most promising company that wasn't Intuitive. I would.
I just wonder if that helps or hurts Titan.
Do you think it's SPORT or are they developing something totally different? If so, wouldn't we have known about it sooner. It would have been to J&Js advantage to let the surgical community know that they were developing a robot IMO.
No ones there.
Are you from the South?
He did tell us that Hargrove turned down offers. If true, it's significant.
Lol!
Oh, ok.
It's on Titans website. Most recent video, SPORT tackles Complex Surgical Tasks. May 20, 2014
I don't believe this is new.
Buying more later this week.
I believe it will be frozen this fall. At least that's what Dr. Fowler thought in the spring.
There you go.
I think it's a big deal but it doesn't pertain to SPORT directly. I do believe SPORT will use close to a 15mm port which is what the original technology fit through. They may be keeping this a secret....for good reasons IMO.
If surgeons do truly own a high significant of shares you could be right. More importantly, by surgeons owning a high percentage of shares they will push the share price higher because they, we will want hospitals to buy SPORT and they will want to use SPORT. It happens all the time with surgeon owned surgery centers, CT scanners, and MRI machines. When surgeons invest in these technologies that they own they want them to be used to the max in order to collect dividends. SPORT was designed by a surgeon, it will be used by surgeons, and the company could possibly be owned mostly by surgeons. That's a win win for all of us.
Read this on the American College of Surgeons message board. Thought I would share info from the trenches. This is just one of many such posts but it says it all. Pay attention to the last paragraph. Especially Longterms!
Let me preface this by saying that I am one of these robotic general surgeons you are asking about. I converted to robotics 2 years ago and since that time have done numerous colectomies, LARs, Nissens, distal pancreatectomies, hernia repairs, one Ivor Lewis esophagectomy and and yes, cholecystectomies.
Answer to your first question depends on were you stand. The nay sayers will tell you that the robot is expensive and adds little to conventional laparoscopy. But the proponents of this technology will tell you that per case costs are lower than laparoscopy, complications are less and LOS is shorter. Having extensive advanced laparoscopy experience I can tell you that I can do much more with a robot that I could ever do with straight sticks. This technology is only at its beginning and will get much more sophisticated as time goes on. The latest model of the da Vinci robot (Xi) is already much more capable that its predecessor Si and it addresses many of the criticisms and limitations of the Si platform. In my opinion the technology is here to stay and patients will ask for it just like they asked for lap cholecystectomies 20 years ago.
Even if you disagree with everything I said, there is one thing you should consider: your own longevity as a surgeon. Laparoscopy is physically demanding due to poor ergonomics and acrobatics we are required to perform during even routine operations. My biggest complaint after finishing a robotic case is that my forehead feels little numb from pressing it too hard against the robot's binoculars. My arms and my back feels fine. In this age of surgeon shortage, the robot may go a long way in helping us stay on the job just a little longer.
Thank you
Today is the GOOGLE IPOs 10the birthday. As a tech savy person I knew it would do well 10 years ago
but I was to busy with work, family and listening to my stupid financial adviser! Not making that mistake again.
I have converted laparoscopic cases to open and I have davinci robotic cases to open. It takes the same amount of time to gain access to the abdominal cavity. It's not debatable as to what's safer because facts are facts. You're peace of mind is derived from limited knowledge and speaking to and trusting the opinion of other surgeons who I bet are older than 45.
How is it even advanced lap chole. The surgeon still has to tell someone where to position the monitor. It's just a different way of doing a lap chole.
Now that's substance! Cost is everything. ISRG shot themselves in the foot with 10 life instruments. But isn't Titan also planning to implement the razor blade model?
Does that include you?
I took it
Lol!
Well she this is linked to Sherry Bertner on LinkedIn. Good sign.
She works at 3D Medsolutions. Where's the evidence that she also works for Titan?
Lol....to funny! Keep it going...please.
I prefer Ligasure.
Thanks for the heads up. Did you all know that Dr. Fowler did the first laparoscopic sigmoid colectomy in the 90s! He confirmed this to me. He was also one of the first surgeons to use the harmonic scalpel. Just keeping everything in perspective.
I find this interesting; A rep from Olympus has been stalking me. He wants to show me their new bipolar vessel sealant. He's offering me a free paid for course at the Cleveland clinic. There are at least three other bipolar devices on the market! Also, Olympus has been placing ads in general surgery magazines advertising their new camera that articulates at the. They are using the selling point that the camera is cheaper than investing in a robot. I just roll my eyes but I feel sorry for him because robotics is the future. Maybe he can get a job at Titan medical.
I would think so. I'm planning to send an email to Dr. Fowler to request to be an investigator. However, since I am a small town community general surgeon I would likely not be selected.
I would think so. I'm planning to send an email to Dr. Fowler to request to be an investigator. However, since I am a small town community general surgeon I would likely not be selected.
I wished I waited before my last purchase.
"Investing is like baseball. If you want to score runs, don't study the scoreboard, study the playing field." -
Warren Buffet
In what part of the country are you located?
I left a private practice to be employed by a hospital. I now make much more. Very common in general and orthopedic surgery these days. Surgeons have much less leverage in negotiating reimbursements from insurance companies which are decreasing every year. EMRS are too expensive. You can be the best business person in the world but you can only do so many surgeries. Even surgeon owned surgery centers make less than they used to. We sold ours to a the Hospital. They can collect more. This is an oversimplified explanation but in general the way healthcare gets paid for has changed.