Monday, July 08, 2019 9:50:48 AM
The deal could be structured that the company would invest funding and support towards commercialization. With potential revenue sharing and the right to purchase at an agreed upon price down the line.
IMO, This is what titan is hoping for. The success of the clinical trials will be what allows this to happen. Under an NDA they can disclose whether Sport works, or does not work and it will be valued on the results.
All procedures that have been done on cadavers or live animals are slightly irrelevant because it was pre-design freeze. These trials are different and if successful we’ll be valued as such.
The next 6 months will be telling...still expecting to see MC in the $400M-$600M range by 2020
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