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BUT SOMEONE OTHER THAN MICROLINE IS MAKING TITAN's
tick, tock surgitek
you do realize the Zaring worked at JnJ too.
Here is MICROLINE's website, sure don't see anything about surgical robotic end effectors. Looks like Microline is no longer making robotic surgery end effectors.
https://www.microlinesurgical.com/
OK HH777, I'm going to help you out here BUT you have to follow along.
In April 2015, Titan signs the agreement with the WW Supplier to make robotic tools. We all agree on this.
https://titanmedicalinc.com/titan-medical-inc-signs-agreement-with-worldwide-supplier-of-single-patient-use-robotic-tools/
I believe it is JnJ, you believe it is Microline (along with others). Both sides have their reasons.
So if this agreement with Microline is signed in APRIL 2015, then why does Titan start using Cadence to make their robotic tools in NOVEMBER 2015?
https://titanmedicalinc.com/titan-medical-inc-signs-an-agreement-with-cadence-device-inc-for-manufacturing-of-instruments-for-the-sport-surgical-system/
So couple of lines of reasoning:
1. They signed it with Microline in APRIL and then turned right around and fired them to sign on with Cadence in NOVEMBER
2. They WW supplier they signed on with in APRIL, wanted Titan to work with a CMO that they had worked with before for surgical instrumentation - which means that the supplier is not Microline b/c they wouldn't want Titan to work with a competitor of theirs.
3. Whoever the WW supplier is wanted Titan to work with Cadence
Yes, I think it was intentionally done and also want to point out that Microline doesn't have a monopoly on making eco-friendly tooling.
And to this point, how many times has Titan been transparent about what it says, in fact one could argue that anytime they have put stuff out "warrants in the money" or "non-dilutive raises", on and on, that its meant to be vague or misleading.
Did you read past the first sentence....If you are going to post so much, you have to do better or at least read peoples post rather than just want to throw something out there. I put two reasons right after the first sentence.
Hoss, both Hargrove and JNJ have referred to their surgical robotic system being “novel”. So using similar terminology means that their is a partnership based on your reasoning.
Yes, I believe it’s JNJ and we will know soon when McNally chooses to let us know when the supplier lets him do it.
No thoughts on it since it is for the second generation of SPORT. I’m more concerned about Titan getting this first generation to market
As to teleflex making this- it is for vipul Patel and his urology procedures when Titan announces they will move forward with getting approval for urology
They aren’t the company in the PR. McNally has stated that the supplier doesn’t want to be known. YET, Microline has had a person posting on LinkedIn that they worked w Titan end effectors 5 years ago. So Microline has employees publically state it but want to keep it quiet.
No it’s not microline.
McNally has to tell us.
As to ur point, u said that Titan should announce the ww supplier to help move the pps and even stated that announcing microline as the supplier would not achieve that and that the supplier has to be a “biggun “
You are smarter then that HC777, should I repost your post where u say microline isn’t the supplier.
Are you changing your mind, do u now believe Microline is the supplier?
It’s not fake, it’s the only one Titan has PR’d
https://titanmedicalinc.com/titan-medical-inc-signs-agreement-with-worldwide-supplier-of-single-patient-use-robotic-tools/
There are absolutely people on this board who don’t think Titan will get acquired and will go it alone.
Don’t worry about me, all these other guys are background noise to me. Kinda like crying babies at restaurants. I could give a flying fook about these flip floppers, no info gathering, farts in the wind.
What’s even more amazing to me is that others can’t see it.
JNJ/Titan/Verb/Auris
Verb's Multi-port Surgical robot is Amadeus. Titan is Single Port. Auris is Endoluminal.
JnJ/Titan/Verb/Auris
Well some "Biggun" has agreed that they will provide up to $125M if needed, can't get the shelf offering without having that lined up, per regulations.
HC777 can run the numbers for the village idiot Sprt19 but when the $125M has been allocated thru private offerings, some "Biggun" will be close to 50% ownership.
sorry to hear about TRXC going under - that's unfortunate. I remember when they were trading over $14/share AND that was pre-fda. I mean THEY HAD A FDA APPROVED PRODUCT and couldn't make it work, feel so bad for those investors, except for Slattery and trader2041 (who made money ;).
Why? Laughing that you think they will go it alone....so since McNally says we plan to go to commercialization you all of a SUDDEN BELIEVE him. You've railed on mgmt not matching up with what they say and now you say that you believe it. Laughable.
Still holding:
JnJ/Titan/Verb/Auris
sure you did, made a ton on TRXC - bull
At $125M - looks like Titan is fully funded thru commercialization and probably into 2021.
I stick by that. DO U THINK THEY ARE GOING IT ALONE?????
If that is the case please tell me u sold your entire position.
U mean market makers like bear stearns and lehman bros
Remember that surgitek guy, what an idiot that guy was.
JNJ/Titan/Verb/Auris
Verb is in California and vip Patel is at Nicholson Center.
Boom, ABSOLUTELY RIGHT Honeycomb777
It's all a go!!!!!!!
So Zaring leaves Medtronic, who is making robotic surgery the future, to join a company with $2M in cash on hand and won't make it thru August - someone got a peek behind the curtain
JnJ/Titan/Auris/Verb
rumor has it that he took the options in lieu of salary/bonus - smart move if you know it is going to be big - will be interesting to see that in next MD&A
Out of curiosity, how many companies are making end effectors that attach to a snake like arm?
I refer the board to post #90539
JnJ/Titan/Verb/Auris
Sounds a lot like Verb is going to change humanity.
https://www.massdevice.com/huennekens-out-azarbarzin-in-at-verb-surgical/
Nothing there
Foreign companies/studies
Can a foreign company submit an IDE/Is a U.S. Sponsor required?
A foreign company cannot sponsor an IDE; the company must have a U.S. agent who acts as the sponsor (see 21 CFR 812.18(a)). The U.S. agent must fulfill all the responsibilities of a sponsor identified in the IDE regulations.
Do clinical studies have to be conducted in the U.S. / Will foreign studies be accepted?
The FDA continues to promote global harmonization in many aspects of medical device development and regulation, including our commitment to recognize the value of and accept, where appropriate, data from multiple sources and countries.
SO THE QUESTION IS, WHO IS SPONSORING TITAN MEDICAL?
amazing that industry leaders like Frederico and Zaring would jump on board with Titan - not even sure they will get a paycheck in a couple of months. They must know something us anonymous people don't....
I know Google has a nice presence in Chapel Hill