Covidien is not seeking to develop a robotics platform. I had heard they looked at Titan two years ago and passed at that point. However, this was during multi-port development. Covidien is based in Connecticut and as we know, Titan has picked up a lot of industry PR in the Northeast because of the folks that have joined their development ranks, a lot have come from the Northeast. It's amazing how when you speak to medical industry folks on the West Coast, a lot haven't heard of Titan.
My money is still on acquisition by JnJ or Covidien - the synergies are too apparent.