Wednesday, November 26, 2014 11:50:45 AM
Titan is a surgical medical device "startup" not a huge corporation with deep pockets like JNJ/Ethicon. Moreover, at JNJ John had almost limitless financial resources compared to Titan, but also the advantage of "significant" Human Resource capital as well. The numerous people at JNJ also helped make the stapler successful, not just John all by himself. Moreover a stapler is a different technology than a complex Robotic Surgical Platform, which I think you'd agree.
Listen, I am not taking anything away from his accomplishment at JNJ in 1996, but this is a different animal and much different time. The market has changed since 1996.
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