Another Pope “Mistake” was to make the claim that they created Surgibot after interviews of 1000’s of surgeons to see what they wanted in a RASD. The result? Surgibot!
Not only was this SILS platform laughable, not one surgeon that I work with agreed that it was what “surgeons wanted”, (SILS flat out sucks) as a result (and my prediction) the FDA axed it faster than a dead tree welcoming a forest fire.
PRIOR to FDA denial of Surgiflop, Pope purchased “Telap ALF-X” from SOFAR who dumped it on him after 5 years of horrid clinical trials. He knew that Surgibot wasn’t up to snuff.
Alf-X was everything that Pope claimed surgeons DIDN’T WANT when he developed Surgibot. This was complete 180 from a design that was going to provide “Surveyed Surgeons”not only with “what they wanted” but a COMPLETELY different surgical approach.
In 2014, Pope told his doc’s that articulation in Alf instruments was coming by September 2015, a video still exists of a TRXC sponsored surgeon claiming (in May2015) that articulation was promised. It never happened. It never will. Patents by Intuitive surgical guarantees it. This is exactly why they are pumping 3mm instrumentation, it distracts investors from the limitations on lap sticks. He also pumps “advanced energy” LOL. This “advanced energy” has been around for decades but he obfuscates investors with “open architecture”. How many investors know what that means?
Open architecture simply means that any device can be used with the platform, nothing special here, but Pope hides this fact with the knowledge that 99% of investors have no idea about the OR and surgical instruments. Alf NEEDS open architecture so procedures can be preformed because Transenterix is not able (and can not afford) to produce dedicated instruments that work seamlessly with the device. EVERY procedure utilizes “open architecture” from Covidian, Ethicon, Baxter, Pfizer, Olympus, Medline, Asceulap, etc.... The list is endless. Yes Virginia, Davinci utilizes “open architecture” too. One single irrigation/suction device created by Stryker. Guess what? Intuitive now has a suction irrigation device that was created to work on a Davinci Xi arm that the surgeon can control from the console and Intuitive created it “in house”.
Price fluctuations on Transenterix are now in the Hands of MM’s and Hedge funds who are fleecing retail investors until eventual collapse.
I predicted the collapse at $5.00 while Surgibot was awaiting approval just 3 days before the FDA denial tanked the PPS to
.45 cents.
It’s coming once again.
Buyer beware
