Coloplast Strategic review

The final frontier. Deciding when, if and how.
star_of_pramen
Posts: 78
Joined: Fri Mar 24, 2017 6:06 pm

Coloplast Strategic review

Postby star_of_pramen » Thu Jun 20, 2019 1:59 pm

Coloplast the makers of the Titan have decided to place their Interventional Urology business under a strategic review. Below is the commentary they provided at JPMorgan conference today in London

"Strategic review of the urology business – Post the mesh litigation, we have decided that penile implant business is rather risky so this business is currently under review. It has grown double digit with margins slightly below group. No timeline provided for an update on the outcome"

Rather risky? Are they getting litigation claims against the implant from patients?
28 years old and based in the UK. ED for 9 years and a complex medical history. Tried everything from the pills to injections and dorsal vein ligation before finally being implanted with a 20cm Titan on 31-May-18

warrenw
Posts: 362
Joined: Wed Feb 08, 2017 8:21 pm

Re: Coloplast Strategic review

Postby warrenw » Thu Jun 20, 2019 2:25 pm

"That’s corporate speak for potentially selling it."

The lawsuits are related to their "transvaginal surgical mesh products", not their Titan IPP.

More details here: https://www.massdevice.com/coloplast-could-sell-its-interventional-urology-business/
Implant - Dr Eid 12/2017, Titan Touch 20/21cm no RTE, 125cc reservoir

LeRoastBeef
Posts: 158
Joined: Mon Sep 17, 2018 11:09 am

Re: Coloplast Strategic review

Postby LeRoastBeef » Thu Jun 20, 2019 5:09 pm

As someone who is keen for a titan, I find this very concerning.

Do you think they may cease production?
Venous leakage (Cavernosum and glans). 31yrs. In the process of getting an implant. Nervous but accepting it has to be done. Love Franktalk.

alfa88
Posts: 136
Joined: Sat Jun 30, 2018 2:59 pm
Location: North of Gilligan's Island

Re: Coloplast Strategic review

Postby alfa88 » Thu Jun 20, 2019 6:41 pm

I saw a Netflix documentary where hubby got his woo-hoo sliced by his wife's mesh. Looks like too little testing on Coloplast's part. Looks like they need some quick money by selling off their IPP line. :cry:
53 years old, married 32 years. Decades of ED & PE. BPH. Tried Viagra W & W/O T-Shots, Levitra and Cialis, Edex, Trimix starter, medium, strong with poor results. VED is a last resort.

Gt1956
Posts: 136
Joined: Fri Apr 05, 2019 2:47 pm

Re: Coloplast Strategic review

Postby Gt1956 » Thu Jun 20, 2019 7:35 pm

I think the business logic goes along this line. Selling the product line divests the parent company of the future product liability judgements. The new owner, likely a smaller company, with not so deep pockets. Won't be saddled with as large of judgements because they don't have the $$. So it's a win win.
Old owner gets money, new owner buys a proven company with a steady selling product at a discount. You can argue about the fairness to the injured parties. But businesses seldom have fairness in mind.
Once the product liability issues are resolved. I'm guessing the small company will sell it for a nice profit since the issue has been settled.
Just my own simplistic view of the news. More than willing to hear contrasting views. No hurt feelings on my part.
63 HBP at 40 high triglycerides at 45 Type 2 at 60

SW0110
Posts: 191
Joined: Sun Sep 02, 2018 6:15 pm
Location: Central Kentucky

Re: Coloplast Strategic review

Postby SW0110 » Thu Jun 20, 2019 7:48 pm

With the advent of viagra and cialis implant installs have dropped over the past 10 years. Profit margins are dropping probably. Although still a lot of money to be made.

25,000 implants a year times about 8,000 dollars. That is what about 200,000,000. Probably drop in bucket to viagra and cialis sales.

I have a titan. Not real concerned. Why worry about something you cannot change. Would be a pain if both companies went out of business, but for me it would have made no difference. Might not get a warranty though. Hope I do not need it.

I could not get an erection for sex before implant for most of last 3 years. If the titan quit working and there was nothing else to take its place I am no worse off than I was. Soft penis no penetrative sex.

With technology maybe something else will take its place in the future.
Central KY. Fell around 2.5 yrs ago on the boys. ED, venous leak, and Peyronies developed since. Implanted March 7, 2018, Dr. Kevin Campbell, Cincinnati, OH. Titan was used due to 30 to 35 degree curve. 18 plus 1. Excellent experience so far. Happy so far

Gt1956
Posts: 136
Joined: Fri Apr 05, 2019 2:47 pm

Re: Coloplast Strategic review

Postby Gt1956 » Thu Jun 20, 2019 9:23 pm

If a product is viable & profitable then someone will buy it & run the company.
As for competition from the drug side. I think most of us have seen that the effectiveness of them can be limited. So there will be men that have been getting erections from drugs. Once they quit working they'll be beating on their doctors door pretty hard. The doctor will say it was a nice run but you're done. Next step will be an implant. It'll take some time but if this group wants a penis that works, they'll be standing in line at the surgeons office. Every year produces a new group of patients. I think the implant makers understand this & are willing to take what profits it produces.
63 HBP at 40 high triglycerides at 45 Type 2 at 60

alibaba
Posts: 2983
Joined: Sun Oct 12, 2014 8:04 pm

Re: Coloplast Strategic review

Postby alibaba » Thu Jun 20, 2019 11:18 pm

Look at the stock market now. Good time to sell. Companies are selling for so many times more than their earnings they could never be worth what their stock is if financed by conventional bank financing nor support amortization. New IPO's of companies that STATE they do not expect to make a profit for 5 to 7 years are being valued in the billions. Hype up a dick fix and you are worth a fortune. Have liability issues like Monsanto? Dump it off on Bayer, or like GM, that company no-longer exists because we are a new company now. Sorry, your tough luck. Chopping companies into pieces makes each segment independent of the liability of other divisions of a whole company. The revision rate of all implants is too high in my opinion. Like one company I am familiar with, they offered a long warranty. The problem was, that vinyl company changed their name every year or 2 and as the product failed, the purchaser was told that company no-longer exists thus there is no warranty. I watched them do it for 15 years and kept a folder on each subsequent new name despite them still having the same address and phone numbers. Their inferior product is still sold across the United States and Canada. The bigger question is with Coloplast, will it be found they made the penile implants out of fake and inferior Chinese imported plastics that fail like the mesh implants? Did they certify the plastic to be U.S. made plastic and of implant grade or was it faked like the other products? Do you have another Takata air bag inside you to boost corporate profits?
LGX 21cm .Milam 01/13/16. Horror; both service and surgical outcome. hated infrapubic installation. Kramer revision 03/01/17. 22cm Titan +1.5cm extender. Those who think their opinion is the only one that matters are a danger to themselves and others.

navy6587
Posts: 126
Joined: Mon Apr 23, 2018 8:22 pm

Re: Coloplast Strategic review

Postby navy6587 » Thu Jun 20, 2019 11:31 pm

Interesting discussion...as far as I'm concerned, Coloplast can be gone as an implant producer and, along with their product, their regional reps who are ass holes to say the least!! None of them, in my region (South Central VA) will comment to patients about anything operational or q's. Only people they will talk to are their surgeons. Far as I'm concerned, they could dry up and fire every God damned rep!!! They are absolutely useless!
72 y/o; wed 49 yrs; ED 15+ yrs. Fired by 1st doc (Szobota - VA Uro) 4 too many q's & contact w/ Coloplast rep. New doc: Ellen (VA Uro) implanted 11/8/18. 22cm Titan + one 2cm RTE each side; moron doc, intake/ discharge nurses! Will NEVER do it again!

LeRoastBeef
Posts: 158
Joined: Mon Sep 17, 2018 11:09 am

Re: Coloplast Strategic review

Postby LeRoastBeef » Fri Jun 21, 2019 5:03 am

Could someone who is in touch with one of the major implant surgeons ask them to comment on what is going on and likely to happen?
Last edited by LeRoastBeef on Wed Jul 17, 2019 1:20 pm, edited 1 time in total.
Venous leakage (Cavernosum and glans). 31yrs. In the process of getting an implant. Nervous but accepting it has to be done. Love Franktalk.


Return to “Implants”

Who is online

Users browsing this forum: No registered users and 11 guests