Titan Medical Inc (TMDIF)

[saveferris]

Surgeons want a robot that can be unloaded off of a truck and rolled into an OR, in the event that their own robot is showing a check engine light. Outpatient clinics want to avoid delaying or cancelling a day's work of 12 gall bladders and tubal ligations because of an inevitable error. All these machines have moving parts and voltage drops over silicon chips, producing heat.

Need a quick fix? Call the Titan rep to roll in a temp robot for the week. A 2-hour delay is better than pushing the cases into your vacation week.

The future of robotic surgery is more industrialization (think of the mobility of a lithotripter) and more remote capability (military, overseas lacking specialists). Can't do that with a $2mil monster designed for more complicated cases.

If you're long on Titan, gotta think long. This machine is designed for routine volume.