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Saturday, October 16, 2021 9:52:20 PM
Let's do talk about some simple facts, since your a newbie.
MDT has an established business model, that has been clearly observed and they've managed to merge, or BO 60 companies in the same manner as they are now working with TMDI.
While MDT did get 13-15 patents for $10M, they can't make a SP RAS device with only what they have. If they try it, IMO it will be at least another 5 years, and $350M with no guarantees that it will get certification and approved IP. Does MDT seem like a company that wants to be out of the SP RAS market for at least another 5 years, when they could be in it in about 2? They did license IP from a German company in the early stages of HUGO and it took many, many years for them to get a device to perform safely. I think I read it was more than 5 years? I'd argue they wouldn't have been able to get this far, unless ISRG patents expired. A distinct possibility. But, a guess none the less.
Here's some additional information that which you may not be aware. Dr. Ricardo Estape has reviewed and used ENOS, and recently performed a live porcine hysterectomy. His conclusion was the device performed as expected, with great visualization and lighting. As good as he's using at this time. He's only performed +7,000 procedures. Are you questioning his qualifications? Or his opinion? Or both? Additionally, he tested more than 10 instruments all performing as expected. He wouldn't have approved the release of the video and risk his reputation.
Where are you getting this hand controller and instrument BS?
Your opinion of the design of the controller hand pieces is surprising. Would please tell us if you've seen ENOS, been to Titan Living Labs, or if you've performed any of the known 60 procedures?
Help me with your description of irrevocable access to the IP? Don't you mean they have an exclusive license to that which they have acquired? So what? TMDI still owns ALL of the IP, and your posture that MDT has all the leverage is incorrect. You're clearly entitled to you opinion, but it doesn't mean MDT has leverage. So long as TMDI has ALL of the IP, any other company can own all of their property, and a completed ENOS.
Sure doesn't sound like MDT has all of the leverage, if any other company can own ALL of it. MDT CEO Martha hates to share, (his words) and yet TMDI is available to any other RAS global manufacturer once the 4th milestone is completed. That's the beauty of free agency. Free agency is TMDI's leverage advantage.
If anyone on this board has to tell you what's new and different about ENOS as compared to daVinci - you need to do some research. That question in, and of itself tells me why your here and how much you really know.
Frankly, I don't see MDT letting TMDI get out of the barn. It's not in their present stated business model, or the known personality of the CEO, and ENOS is done. Would you want to build something from scratch to compete against the possibility of ENOS and ISRG? Do you think MDT would welcome the fact that TMDI was a division of ISRG and have to compete against them collectively for the next 20-30 years? Or the fact that ISRG would be helping TMDI with a 5 year head start over MDT? If you say yes, then I conclude you don't understand competition, or MDT as they've stated their intentions to grow that company moving forward. And that's not leverage for MDT either.
Say what you will. I'll let the audience decide.
Good luck to all. Regards,BK.
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