Monday, September 24, 2018 7:38:03 AM
Mazor went for $1.6 BILIION and they are in a market that focuses on 500,000 procedures a year.
TRXC has a market cap of $1.4 BILLION and they have a POS FDA approved product with a couple of sales and give aways.
Titan is going after a 4,000,000 procedure market place, is SP with locked up IP. Upon FDA approval Titan's value - $1.5 Billion? $2 Billion? - what happens when Columbia and Nicholson and Strousbourg put in PO for 3-4 units each - $3 Billion?
The takeover from a biggun should have happened last year but they had the shareholders right's plan. To close to the end for Mcnally to get out on the cheap. They have enough money to get them to the FDA doorstep. That will take them from market cap of $50M to $500M at design freeze without running thru their cash on hand.
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