Titan Medical Inc (TMDIF)

[elMoose]

The degeneration of officers of this company by traders is not material argument at all.

The superior and complex high tech robot that they have designed would not have been possible in absence of knowledgeable and competent staff, period.

The amount of time that they have taken to produce it is function of complexity of the product and it takes that long and there would have been builtin expectation of slippage of many deadlines for any complex mechanical hardware and all their competition would have and will go through it just same. That is why there is not millions of these types of robots going for FDA approvals.


No other surgical robot of similar complexity has been designed in a shorter time in fact. Most of them have abandoned multiple generations of robots without having anything marketable till recently. That is why J&J and Medotronics have taken this long although they have spent billions of dollars internally to build them and they had started way before Titan. Their slippage are not exposed because they are giant companies that can write off their risky assets.