Titan Medical Inc (TMDIF)

[Bristol19]

Great information about potential competition. Are you affiliated with the SurgRob blog site?

These potential competitors illustrate why Titan needs to gain cash reserves by growing pps and getting warrants exercised. Better to have the cash in place to pay Ximedica whatever they need to move SPORT along. It needs to make a big splash, similar to daVinci in the way that it dominates the second (smaller) wave of successful commercial systems.

I trust that the three examples of international surgical robotics are not as far along on the development path, but the field could get crowded relatively fast. Titan has LUCKED OUT (and it has NOTHING to do with their planning)that so far, academic surgical robotics has trumped commercial development. I think maybe ISRG just took the wind out of everyone's sails early on. Really, their success is amazing, the Henry Ford of their time. But the window of opportunity won't last forever for Titan.