Titan Medical Inc (TMDIF)

[pontiacg6]

I liked these posts made by oral surgeons:

The farther they can carry this on their own, the higher the valuation at time of M&A. An announcement regarding the "worldwide supplier of endomechanical devices" they partnered with has been in an obvious nondisclosure phase for an unknown reason. This could be protocol for stealth reasons and likely others unknown to lay people like myself. That is one of the reasons they past the "Shareholder Protection Plan" to prevent getting bought out on the cheap. Once they announce who they partnered with, all bets are off. If you listen to the AGM video, a lot of what Dr Fowler says sounds like what Google publicly says they are aiming to contribute. If their partner is Warren Robotics, this thing will go through the roof.

that's my bet as well. JNJ jobs listing end effector engineer to work with "outside robotics" company. I bet it's Titan.

well what are they waiting for?

JNJ would be smart to acquire Titan and then let Google do their thing with the Sport shell.

that's my bet as well. JNJ jobs listing end effector engineer to work with "outside robotics" company. I bet it's Titan.

Who would be a likely buyer of Titan?

JNJ would be smart to acquire Titan and then let Google do their thing with the Sport shell.

Actually, according to their most recent financials, Titan currently has no debt...they've been operating solely off of proceeds from the sale of their stock. With a market cap just over $100M right now, I could see an M&A in the $1B range (assuming they're at the technology level at which they claim to be).

Remember, we live in a world where Facebook paid $2B for the pre-market Oculus rift, and where Starbucks paid $100M for La Boulange (which they just recently killed after just two years). Sanity in M&A's has gone out the window, and this will get really interesting if more than one company is interested in buying Titan

Goog/JNJ can then use their ip in the robotic platform they are using

The investment in training has to be huge in order to take business from Intuitive. During earnings they announced an agreement with Anne Arundel Medical Center in developing a training curriculum and performance evaluations for surgeons and surgical teams using the new device.