Titan Medical Inc (TMDIF)

[66Mustang]

For acquisition, the buyer needs to be concerned with disposition of all the employees. It's a lot easier and cheaper to deal with 7 employees than 200. Also, 100 is easier than 200, but Trixie isn't getting bought when Auris did. I think that shows that it is more about the technology than anything else, and also further validates single port technology as the future of robotic surgery.



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I also noticed that Virtual Incision has more employees than Titan Medical and they are so early on in R&D compared to Titan. Does it matter how many employees Titan has at this point? Is it any indicator as to when they will commercialize? Is it 12 months? 18 months? 2 years?

What about Auris that had over 200 employees prior to commericalization or TRXC that had well over 100. Auris went for $5.7B for a niche market and TRXC, who is targeting general abdominal surgery, can't even find a suitor. It will be very interesting how this all plays out.

https://investorshub.advfn.com/Titan-medical-inc-TMD-31287/