Titan Medical Inc (TMDIF)

[66Mustang]

Quid, my understanding from a few years ago was that Medtronic's robot "Hugo" was multiport, but I had heard rumblings about their robot Einstein as well. I never knew if it was the same robot or if they are working on multiple platforms at once; I would think they would want to get something to market, especially after last year's schedule slip.

Just ran into this:
https://www.medtechy.com/articles/2019/medtronic-ceo-provides-update-on-robotic-surgery-program

In 2016, they (MDT) said they planned to roll it out in India first and hoped to be generating revenue with it in the US by end of 2019. With the slip of about a year that they announced last February(-ish) that pushes them out to 2020, and this article seems to question if they will hit that target. The upshot is that it would appear Medtronic won't have any sort of market foothold when Titan launches, and Mr. McNally recently said they now want to roll out on the East Coast (US) first.

I am more concerned about Medrobotics; their current focus appears to be "trans-orifice" at the moment but I assume it could adapt easily to an abdominal port.

And with JnJ, one never knows what they are hiding! But if the combined IP of ISRG and Mr. Brar's program can hold off single-port competition, it will be a huge score for us.