Monday, June 08, 2015 11:34:08 AM
JnJ said, "smaller and more mobile than Intuitive Surgical's da Vinci. It's not really surprising that Johnson & Johnson would be interested in surgical robotics, particularly given rumors that Covidien and Stryker are interested (or have been) as well and the cost of acquiring Intuitive Surgical. While management was dutifully respectful to what Intuitive has accomplished with the da Vinci, they also believe that further adoption in general surgery will be limited by cost issues and a lack of clinical superiority. That this is where a rival system can offer value."
Frankly, unless they have some Skunkwork's type project well-along, I don't see Titan threatened anytime in the next 2-3 years.
However, unless JnJ is planning on buying Titan, this serves as fair warning to Titan that there will only be A SMALL WINDOW OF OPPORTUNITY, STARTING NOW to get SPORT out and entrenched.
That means Titan has to pull out all the stops on their timeline. I really don't think the silent philosophy is making much sense. Titan should be developing a presence in the potential market, ramping up the pps to exercise warrants and attract money for a war chest.
I really think a big buyout is more likely scenario than not. Management just won't know where to pull the trigger because the sky could be the limit.
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