Monday, June 28, 2021 10:24:35 AM
Medtronic kicked all the tires, CMR, Vicarious and they chose to partner with Titan Medical. Vicarious is a software project and too top heavy to survive considering they are 7-8 years away. CMR will have some success but they will need a lot more then a dime a dozen multiport system to compete long term in surgical robotics.
$3B valuation for CMR is great for Titan. We will be looking at 2-3x that for Titan.
One thing for sure is that we won't see $1.20 - LMAO!
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