Titan Medical Inc (TMDIF)

[Endofanera]

A lot of M&A activity is being shifted to later-stage companies (FDA) and inclusive of CE market. Small amount is occurring for developmental stage companies. Check out this market report by SVB if you haven't already: http://bit.ly/1ydUvMG

Titan is making its way through the toughest milestones. From here on out it is smooth sailing provided they keep their heads on straight and working hard.

This isn't to say that larger sponsors have not been in discussion with TITXF. It's fairly common for a large player to be in contact with smaller device companies as they go through development. Several have probably talked to Titan, but the timing is not right and it's a "let's talk when you are X". Earliest Titan would get acquired, IMO, is after CE mark. I'm sure at this time several players will biting at an acquisition and the price will be driven up.