Titan Medical Inc (TMDIF)

[RockoTaco]

It is so easy to get these guys on a hook and take the bait....YES, Medtronic is working w Karl Storz and has been for over 5 years (secretly/quietly/not transparent mind you). Dennis Fowler was the VP at Titan Medical before going to Karl Storz and big advocate of Single Port robotic surgery. Medtronic has been secretly working w Titan for some time now and secretly, quietly and with no transparency provided the $1.5M loan to Titan with Titan putting up their IP as collateral. Then an entity takes the $18M (not $18 dollars) offering quietly,secretly and not transparent. Looks like a nice track record of how Medtronic operates.

Reminder for Medtronic to complete w ISRG they will need:

Multi port (Hugo for now)
single port (Sport for now)
Endoluminal (Karl Storz)

All will be rebranded under ENOS - which will have:
ENOS multi port
ENOS single port
ENOS endoluminal