Titan Medical Inc (TMDIF)

[Bristol19]

Well they were planning/hoping/working for a 2015 release. I also make the mental mistake of imagining a SPORT that was sitting there just about ready to seek CE approval, and now delayed for "additions". I don't think it was anywhere near the design freeze that we all were expecting imminently. So, they are moving along with all the features they envision now for multiple indications, and still the basics to boot.
I really think the third arm of Xi will be a feature that will haunt Titan when it comes time to compete, even if the surgical truth about it as expressed by this board's surgeons is that it is superfluous, badly positioned, difficult to control, or of limited effectiveness. Otherwise, if multiple incisions are going to be needed for retraction, stapling, etc., anyway, the "single-port" innovation that SPORT trumpets is far from an honest advantage (and selling point). I really, really hope Titan has some surprises to spring on us and the market because they are going to need them. ISRG has the resources to do what is needed to maintain competition until something truly radical comes along. SPORT is not that radical; its advantage will need to be sold on size, cost, and efficiency. I really thing this will be a war of economic marketing, not surgical effectiveness.
This thing is either going to be the bomb right off the starting line, or the dud of the year.