Replies to post #14707 on Titan Medical Inc (TMDIF)

[RockoTaco]

Mazor started in 2001, first CE approval was 2004, additional approval in 2010 and in all that time Mazor has only done $19M in sales end of 2013 and halfway thru this year they are at $9M in sales (Global numbers). Within 1 year of commercial launch, Titan's sales numbers will be north of $19M in sales (Globally). If Titan launches in Europe starting July 2015 and then in the US in November 2015, at a est. price point of $800k - that's 25 SPORT system within a year to hit $20M in sales revenue. It's not hard to imagine them exceeding those numbers considering the hospital partnerships they have (website) and the surgeon advisory board, not too mention the markets strong desire for a competitive product. In comparing the two companies, it only enhances the value of Titan. Seeing companies like Mazor and TRXC generate news for robotics is also positive for Titan

[Daktari]

I agree.