Titan Medical Inc (TMDIF)

[Bristol19]

ALF-X was designed through a European Commission and proudly boasts 100% Made in Italy. It is quite advanced having eye-tracking and haptics. Also, CE mark, and close to sales-ready. It has been used in human procedues (I think at the one hospital it is installed in for testing). Videos of it in action with a real patient (trans abdominal gyn procedure) are on youtube. With 3 single arm manipulator carts it does take over the room in terms of size.

Question is why did it sell out to a small unproven American company for 99M? Why wasn't it snatched up in Europe? Why did the market have no reaction to the purchase?

I am asking these questions seriously. ALF-X is a real (potential) competitor to SPORT.