Titan Medical Inc (TMDIF)

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Not sure if this has already been posted...J&J seems to be working on their own system. Or have they quietly partnered with Titan?

On the competitive side, Johnson & Johnson announced at its recent MDD Analyst Day that it was developing a robotic surgical system that it intended to be smaller and more mobile. Presumably Johnson & Johnson views this as a way to keep its surgical and energy tools relevant in the evolving surgical market and while competing with Intuitive is easier said than done, Johnson & Johnson at a minimum has ample resources to dedicate to this case. Should Johnson & Johnson make headway with its robotic efforts, I would expect to see Covidien consider joining the race as well. Medtronic, which is attempting to acquire Covidien, has never been shy about committing significant R&D or M&A resources to maintain long-term competitiveness in key markets and developing a surgical robotics platform may ultimately be necessary to preserve the company's surgical and energy tools business.