Titan Medical Inc (TMDIF)

[BIGKAHUNA57]

My estimate is a range.

$6B-$10B. It has to be a range b/c there is still a lot of unknown, and IP development in process.

The cost of keeping the IP from ISRG, and the ability to eliminate the risk of developing their own SP, and jumping ahead +5 years on the development calendar is worth additional billions - beyond the ability to generate +$20B over the next 25 years, after launch. Not to mention the cross-application of the IP for both MP and SP devices. It's a Chef salad, not just iceberg.

To throw a fixed amount as an estimate would be much less a possibility.

Regards,BK.