Titan Medical Inc (TMDIF)

[66Mustang]

That is still different than "Capital Price." And the Device Price Parity seems (to me) to mean purchase price of the system...

If they meant Operating Expenses, they should have said so.

Titan was up front about expected costs for the system as well as supplies, operating expenses, service contracts, etc.

I suppose we are all just guessing at this point if there is no standard definition to the specific term "Capital Price" as it might pertain to this situation. Maybe that's what Verb was counting on!


Reply to:
elMoose Tuesday, 10/08/19 01:14:23 PM
Re: 66Mustang post# 97836
Post #97839 of 97840

Capital expense if just the cost of device excluding the operating expenses.

So they are saying that ISRG's device is a lot more expensive for the same functionality. The operating expenses are not included and that is the cost of consumables etc. That operating expense is function of disposable devices and number of people that need to be employed to work the device and whole bunch of other costs that are device specific.

https://www.investopedia.com/ask/answers/042415/what-difference-between-operating-expense-and-capital-expense.asp