Titan Medical Inc (TMDIF)

[ddreturns]

Exciting things happening with SPORT lately. The system looks great and if it performs as promised will make us all some $. Not the type of $ I was hoping for when I invested years ago, but a great return. I was of the belief that J&J or now Verb would purchase Titan. I don't believe that will happen unless they find the IP of the snake like arms essential (I hope this is the case).

Medtronic or Verb will become the Apple/Samsung of surgical robotics IMHO. If I had to bet today I would bet on Verb because of Google.

https://finance.yahoo.com/news/strategic-collaborations-m-affect-jnj-150542679.html

I read the above article the other day and it all clicked for me. Stop thinking in our small bubble we keep talking about. Read the article, J&J is putting up to $2 Billion from the sale of Cordis into robotics.

J&J and Medtronic are both working hard to sell across internal surgical segments and share innovation between different surgical divisions. They are the only medical device companies that play in most surgical segments with each having something the other doesn't (Medtronic CV & Cath Lab; J&J Hip & Knee). The executives at both companies aren't dumb. If they come out with a robot that can do everything Intuitive does and do spine, ortho, eyes??? Right now a hospital would have to purchase 4 to 5 robots (Intuitive, Rosa, Mako) or capital to do this. If they develop a robot that can handle all surgical specialties there would be 5-6 or more in every hospital. The challenge is to make is small enough, modular and cost effective.

This won't happen in the next 2 years so we're still all good with Titan and making $, but believe this is the direction and race of what the big boys are working on. That's what makes Titan a small player that will be niche unless they are acquired.

My ultimate wish is Verb acquires Titan and we all cash out big. Then Verb goes public and I'll double down on them after taking out some play money!