Titan Medical Inc at Bloom Burton & Co. Healthcare Investor Conference Transcript

Feb 15, 2024

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May 02, 2022 / 07:30PM GMT
David Martin - Bloom Burton & Co. - Analyst

Today, we have Paul Cataford presenting from Titan Medical. Take it away.

Paul Cataford - Titan Medical Inc. - Chairman, Interim President & CEO

Thanks. Thank you very much. So today, talking about Titan Medical, my name is Paul Cataford, I am the Chairman of the Board and the Interim President and CEO of the company. Started that interim position on December 1. There's going to be a test on this slide afterwards, so make sure you read it all, please.

So we're in the robotic-assisted surgery business and this -- the robotic-assisted surgery business is growing at a compound annual growth rate of about 17%. Why is that? Well, a number of reasons, right? Better patient outcome, faster recovery, shorter hospital stays, less risk of infection; the big benefit is increased hospital productivity and reduced liability, which is really driving RAS sales for Intuitive and some of the comparables -- we'll get into that in a few minutes.

And most importantly, better surgeon experience: less fatigue,

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