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RockoTaco

08/03/21 1:53 PM

#130690 RE: ks239 #130674

Titan is developing an endoluminal platform for Medtronic and will deliver that prototype at completion of milestone 4, which is right around the corner.

Remember that Medtronic will need:

Multi port (Hugo)
Single port (Enos)
Endoluminal (milestone 4 prototype)

We know endoluminal platform is valued north of $5B (Auris)

Single port value is wide ranging, vicarious is $1.1B w 4 patents and commercialization for 2028 so Enos correct valuation is probably $4-6B