Titan Medical Inc (TMDIF)

[Endofanera]

They're not required. Most of the large companies have their venture arms investing in several startups and helping them get to a point where they are de-risked enough for acquisition by that company.

Sometimes they are acquired by the company that invested in them and it's a great buy.

Sometimes they are acquired by another company that did not invest in them since the company that did invest in them was not comfortable with the risk yet (they still make money on their equity investment).

Sometimes they do not hit their milestones or remain to risky for too long of a period and the company moves on.


One of these companies or multiple could very well be invested in Titan waiting for them to hit the proper milestones (often post-CE mark) before they pull the trigger.