Replies to post #113779 on Titan Medical Inc (TMDIF)

[66Mustang]

Rocko, don't forget that their latest filings show Medtronic is sitting on about $11B in cash at the moment!


Message in reply to:
RockoTaco Thursday, 08/20/20 11:05:04 AM
Re: pontiacg6 post# 113774 0
Post # of 113780

So very true and yet so widely misunderstood. The only time internally developed IP has value is when it is sold/acquired. So how much is Titan's IP worth to Medtronic, how much could it be worth to JNJ, how much is it worth for ISRG - ALL depends on how much they value it and what they want to pay for it. We do know that ISRG has a market cap of $80+B on $4.5B in sales. No doubt that Medtronic and JNJ will/have to get into robotics and it will grow their MC by tens of billions in just a few short years and then really accelerate in years 3-10.

On top of that we know that Medtronic has signed an agreement to license Titan's IP and know-how. The end buyout will be enormous b/c there is $10's and $100's of BIllions of dollars in revenue and MC at stake for these companies that NEED TO GET INTO robotic surgery.