The medical professionals, surgeons and hospital admin/purchasing folks are the ones to ask. Honestly, I cannot see the $500,000 value in their product. Also, if you do your DD on them you'll understand the genesis of Surgibot is the SPIDER MIS platform. Investors put a great deal of money into that platform and it was finally FDA approved and they sold it for 3 years. Very very low adoption rate. Over the 3 year period 4,000 procedures done with it (it was disposable and cost $1,000). They stopped selling it and took the SPIDER concept and created Surgibot. My guess is that were trying to leverage the buzz/opportunity created by Titan Medical, being the next into the market behind ISRG. Make sure you do your own DD.
News 
Market Data 
Discover 
