Titan Medical Inc (TMDIF)

[was CUIN2]

Perhaps you could enlighten me.

Let's say each Robot does 10 surgeries per week, every week. If disposables are $2000 per procedure then we could be:

85 SPORTS x 10 procedures x 52 weeks = 44,200 procedures in 12 months x $2,000 = $88,400,000

To high, to low? What are your thoughts? I'm just guessing of course but thought ISRG's disposables were similarly priced. Remember SPORT is only $600 - $800 K vs $1.5 a $2 million for da Vinci, so a higher disposable cost might be feasible to get surgery centers/smaller hospitals on board.