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Titan Medical Inc. Message Board

  • cuin2 cuin2 May 4, 2014 7:32 PM Flag

    Seeking Alpha Article - The Rise of the Robots - Excerpt about Titan Medical & SPORT Surgical System

    Medical Technology - The Rise Of The Robots
    Wednesday, March 26, 7:40 AM ET | Includes: ARAY, COV, ISRG, MZOR, SYK, TITXF

    Lyskamm Financials
    I’m a private investor who manages a few of my own portfolios, along with other for family members. I take due diligence very seriously and I spend considerable time doing thorough research on companies and industries. I generally favour dividend stocks for the long term, but also trade short-term opportunities when I deem appropriate, generally for value companies. I have a background in Information Technology.

    Robotic surgery, with clear benefits for patients, is rapidly expanding in many medical centers worldwide.
    Medical robotic technology has still some risks. A number of companies are vying for this lucrative market.
    In the operating theaters of hospitals around the world, one can marvel at the innovative robots that are gradually being employed to perform surgical procedures. Once the domain of science fiction, robots are slowly but gradually replacing humans in more complex jobs than painting car frames or packaging goods. Like computer systems in the 70s, these robots tend to be large and bulky and very expensive. The most advanced of these machines currently used in about 2000 medical centers around the world is the da Vinci, made by Intuitive Surgical (ISRG).

    The benefits - There are some evident advantages, such as less bleeding, the reduction of post-operative pain, fewer re-admissions to hospital and faster recovery thanks to high-precision surgery. For example, a clinic in Switzerland, La Source, has reported a reduction in the average days of hospitalization from 10 to 6.
    Robotic arms are more precise and steady, and can reach areas of the human body that a surgeon would find difficult, resulting in a decrease of damage in areas of the body surrounding the area being treated.

    Titan Medical Inc. (OTCQX:TITXF)

    Market capitalization CAD 186 million.

    Titan is developing the Single Port Orifice Robotic Technology that will be commercially available in 2015, possibly in direct competition with Intuitive.

    Titan's share price $ 2, one-year change +163%.

    Other companies not quoted in the US have entered the surgical robotic market, such as, Medtech of France.

    Conclusion

    Surgical robotics is a lucrative relatively new development in full expansion. Just like with the earliest mainframe computers in the 70s, we are witnessing the beginning of a revolution in medical technology, with new companies vying for a slice of the market. The IBM, Honeywell and General Electric of medical technology will be created in the next few years.

    Sentiment: Strong Buy

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TITXF
2.17-0.01(-0.45%)Sep 18 3:56 PMEDT

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