Replies to post #95767 on Titan Medical Inc (TMDIF)

[jjljr]

I think you're correct about sale coming soon. Mac had deadlines to meet in order to get more funding and he missed. No more $$ is coming in. $800m sale hopefully by year end

[RockoTaco]

There was no mention of engineering issues...oh that's right, maybe in the one on ones but that would fly in the face of his public presentation - they would not be able to submit for IDE if there is engineering redesigns. Again, what was communicated was IDE submittal and approval in Q4. They will have Augmented Reality capabilities and there are only 2 ways to do SINGLE PORT (and Titan owns one, Da Vinci is the other)

"a couple of months to fix engineering issues" was never even uttered or even insinuated.

Everyone, please feel free to go back and listen to his presentation to learn for yourself and hear what McNally said

[West Coast Snapper]

Yes

They need to install an interface at the front of the device where the arms go forward and back as the arms are manipulated by doc. The arms can get blood/bodily fluid on them which can contaminate the device and the patient. Their first attempt they said it took away the smooth movement of the arms....needs to be installed in a manner that doesn't impede the arms from moving smoothly. Didn't sound like a major issue....but he said it would take 4-8 weeks to perfect