Titan Medical & COV

[Anonymous]

Do you think COV is looking at buying Titan Medical? If not, how about some type of partnership/collaboration to incorporate COV's electrosurgery and Ligasure line.

 

[Anonymous]

Do you think COV is looking at buying Titan Medical? If not, how about some type of partnership/collaboration to incorporate COV's electrosurgery and Ligasure line.

No.

 

[Anonymous]

COV is in the process of building one to compete with Intuitive and Titan.

 

[Anonymous]

By the time COV comes out with a robot, the market will be much different.

 

[Anonymous]

If the bigwigs at COV have any sense, they will run away from robotics as fast as they can. Intuitive is laying off a significant chunk of their RM's and salesforce due to lawsuits, bad press and cost-containment initiatives hospitals are pursuing due to Obamacare.

Why in the world would anyone want to enter the robotics business now?

 

[Anonymous]

Agreed. Covidien must be looking at potential for international sales if we're going to make a robot. The US market will be past the point of saturation by the time it comes out, and it's likely that lack of improved clinical outcomes and reimbursement for robotics will have reshaped market demand. I guess somebody has to step up and take on ISI, but unless it's a crazy good next generation platform, I don't see much success in the US.