Replies to post #18228 on Titan Medical Inc (TMDIF)

[scalpel]

Mostly true Dak. The guy was Leon Hersh and he five-fingered the technology.

The company was Auto Suture, which morphed into US Surgical, was bought by Tyco, and is now Covidien.

Ethicon makes a better suture, but Covidien makes a much better stapler.

[was CUIN2]

I am familiar with the story and I'm not arguing, but you miss my point Daktari.

Titan is a surgical medical device "startup" not a huge corporation with deep pockets like JNJ/Ethicon. Moreover, at JNJ John had almost limitless financial resources compared to Titan, but also the advantage of "significant" Human Resource capital as well. The numerous people at JNJ also helped make the stapler successful, not just John all by himself. Moreover a stapler is a different technology than a complex Robotic Surgical Platform, which I think you'd agree.

Listen, I am not taking anything away from his accomplishment at JNJ in 1996, but this is a different animal and much different time. The market has changed since 1996.