Titan Medical Inc (TMDIF)

[Bristol19]

"But the company needs to act fast before technology passes it."
Exactly my opinion. As I've said before, the snake arms technology is an alternative paradigm to wristed joints. It is not proven superior or inferior to ISRG's or any other surgical robotic manipulation on the horizon. But it will have ZERO traction until it hits the market and surgeons can try it. It's adoption will have to compete against the daVinci model and all the training that goes along with mastering that technology as a surgeon. Surgeons will not initially want to put in the resources to become adept at both. It is unlikely that either will supplent the other. As such, SPORT is an additional one step behind other more typical developing companies in robotics. The ace in the hole would be if SPORT is demonstrably "better". That is unlikely. My point is that initially SPORT will find it difficult to "break the mold". Price point will be its greatest ally early on.

We don't have years anymore to get SPORT into the regulatory pathway.