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Tuesday, July 11, 2017 5:13:13 PM
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As for someone else developing another competing device or buying us out, keep in mind that the patent issue is worsened for the other company by the fact that Titan already has a number of patents in robotic surgery, therefore it would be more difficult to tiptoe around these additional patents with a separate, competitive design. Buying Titan means you own that intellectual property instead of having to work around it. Also, time to market would be cut back by years compared to developing a competitive device. That opportunity to get in the marketplace a couple years earlier by buying us would potentially be worth several billion dollars of earlier revenue and very little development cost to boot. Somebody would have to be stupid to NOT buy Titan if they could, but I personally would still rather see them go it alone.
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