Titan Medical Inc (TMDIF)

[66Mustang]

That is the savings over today's Xi price... maybe. In 2014, Forbes pegged the Xi price at $1.85 to $2.3M, depending on accessories purchased. I've hear $2M talked about for target pricing, but I can't find any firm pricing on line. And service contracts are up to $170K per year (if the system lasts 6 years, that's another million in cost). By 2019, purchase price could easily be $2.5M. So McNally's proposed purchase price of $1.25M when it hits the market in 2019 still works out to half of the Xi, or not far from it. Add in a more reasonable service contract and accessories, and Titan could still be the ultimate value proposition in this marketplace. When we finally get there.