• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

MassDevice

The Medical Device Business Journal — Medical Device News & Articles | MassDevice

  • Latest News
    • Cardiovascular
    • Orthopedics
  • Wall Street Beat
    • Funding Roundup
    • Mergers & Acquisitions
  • Podcasts
    • MPR: Breakthrough Products Series
  • Resources
    • About MassDevice
    • Newsletter Signup
    • Job Board
    • Leadership in Medtech
    • Manufacturer Search
    • MedTech 100 Index
    • Videos
    • Whitepapers
  • DeviceTalks Tuesdays
    • DeviceTalks
  • Coronavirus: Live updates

Titan Medical Inc.

Titan Medical closes on $11.5M offering

January 26, 2021 By Chris Newmarker Leave a Comment

Titan Medical (TSX:TMD; NSDQ:TMDI) announced today that it has closed on a previously announced offering, raising $11.5 million in aggregate gross proceeds. The Toronto-based surgical robotics company conducted the sale by way of a short form prospectus in each of the provinces of British Columbia, Alberta and Ontario — as well as a private placement in […]

Filed Under: Business/Financial News, Funding Roundup, Robotics, Surgical Tagged With: Robotic Surgery, Titan Medical Inc.

Titan Medical rises on Q3 results

November 16, 2020 By Sean Whooley

Titan Medical (TSX:TMD;OTC:TITFX) shares ticked up today despite third-quarter results that include a massive decline in revenues. The Toronto-based robotic surgery company posted losses of -$1.6 million, or -2¢ per share, on sales of $4.5 million for the three months ended Sept. 30, 2020, for a -4.9% bottom-line slide on a sales decline of -75.5%. “Titan […]

Filed Under: Business/Financial News, MassDevice Earnings Roundup, Robotics, Surgical, Wall Street Beat Tagged With: Titan Medical Inc.

12 surgical robotics companies you need to know

September 22, 2020 By Chris Newmarker

Surgical robotics remains a hot area in medtech — even as it faces headwinds from the COVID-19 pandemic. Intuitive Surgical (NSDQ:ISRG) pioneered robotic surgery through the early 2000s and remains the dominant player, but major companies including Medtronic (NYSE:MDT) and Johnson & Johnson (NYSE:JNJ) have big plans to enter the space and compete. Meanwhile, Stryker (NYSE:SYK) has built a […]

Filed Under: Business/Financial News, Featured, Orthopedics, Robotics, Surgical Tagged With: Corindus Vascular Robotics, Intuitive Surgical, Johnson & Johnson, Johnson and Johnson, Medtronic, Monteris Medical, robot-assisted, Robotic Surgery, Siemens Healthineers, Smith & Nephew, Smith+Nephew, Stereotaxis, Stryker, Titan Medical Inc., TransEnterix, Vicarious Surgical, Zimmer Biomet

Titan Medical gains 2 robotic surgery patents

September 17, 2020 By Sean Whooley

Titan Medical (TSX:TMD;OTC:TITFX) announced today that it received two U.S. patents for its robotic surgical systems. Toronto-based Titan Medical’s two latest patents bring its global intellectual property portfolio to 58 issued patents and 84 patent applications, according to a news release. Additionally, the company has received notices of allowance in 17 other patent applications and anticipates […]

Filed Under: Legal News, Regulatory/Compliance, Robotics, Surgical Tagged With: Titan Medical Inc.

Titan Medical CFO retires; succesor named

September 8, 2020 By Sean Whooley

Titan Medical (TSX:TMD;OTC:TITFX) announced today that CFO Stephen Randall will retire and Monique Delorme will assume the role. Randall has spent more than 10 years with Titan Medical, leading the company through 30 capital transactions and raising more than $260 million to fund research and development for its surgical robotic technologies, according to a news release. […]

Filed Under: Business/Financial News, Robotics, Surgical Tagged With: Personnel Moves, Titan Medical Inc.

Titan Medical reports improved financial position at end of Q2

August 13, 2020 By Chris Newmarker

Titan Medical (TSX:TMD;OTC:TITFX) faced a working capital deficit of $9.7 million more than a year ago. Fast forward 12 months, and the robotic surgery company has $21.7 million in working capital and has been able to resume product development. That seems to be the big takeaway from Titan Medical’s second-quarter earnings report, released yesterday. Titan executives […]

Filed Under: Business/Financial News, Featured, Robotics, Surgical, Wall Street Beat Tagged With: robot-assisted, Robotic Surgery, Titan Medical Inc.

Titan Medical CEO sees opportunity as product development resumes

July 14, 2020 By Chris Newmarker

Titan Medical (TSX:TMD;OTC:TITFX) has been able to resume product development of its single-port robotic surgical system, CEO David McNally said today in a letter to shareholders. Titan is back working on its system thanks to a $10 million license payment and $1.5 million loan as part of its new development deal with Medtronic (NYSE:MDT). Titan also recently […]

Filed Under: Business/Financial News, Featured, Robotics, Surgical Tagged With: Medtronic, robot-assisted, Robotic Surgery, Titan Medical Inc.

Titan Medical announces $18m offering, settles Naglreiter suit

June 9, 2020 By Sean Whooley

Titan Medical (TSX:TMD;OTC:TITFX) announced that it registered an $18 million direct offering and settled its lawsuit with Naglreiter Consulting. The Toronto-based robot-assisted surgery technology developer entered into definitive agreements with a single healthcare-focused institutional investor for the sale of 18 million shares of its common stock at $1 per share and 9 million common share purchase […]

Filed Under: Business/Financial News, Featured, Funding Roundup, Legal News, Robotics, Surgical Tagged With: Medtronic, Naglreiter, Titan Medical Inc.

MedTech 100 roundup: Stocks stand pat in June’s first week

June 8, 2020 By Sean Whooley

While the markets experienced some growth over the past week, stocks in the medtech industry remained practically unchanged over seven days. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — sat at 87.15 points at the end of last week (June 5). That total represents just a -0.02-point decrease […]

Filed Under: Business/Financial News, Featured, Funding Roundup, MassDevice Earnings Roundup, Research & Development, Wall Street Beat Tagged With: Abbott, becton dickinson, Cantel Medical Corp., coronavirus, COVID-19, MedTech 100 Index, Medtronic, Owens and Minor, Titan Medical Inc.

Medtronic turns to Titan Medical as it makes robot-assisted surgery play

June 4, 2020 By Sean Whooley

Titan Medical (TSX:TMD;OTC:TITFX) announced today that it entered into an agreement with Medtronic (NYSE:MDT) to progress the development of robot-assisted surgical technologies. The development and license agreement to develop those technologies is accompanied by a separate license agreement with Medtronic in respect of certain intellectual property of Titan Medical, according to a news release. Under the agreement, […]

Filed Under: Business/Financial News, Featured, Robotics, Surgical Tagged With: Intuitive Surgical, Medtronic, Titan Medical Inc.

MedTech 100 roundup: Stocks peak to end May

June 1, 2020 By Sean Whooley

Medtech stocks closed May at their highest point since before the COVID-19 pandemic rocked the markets. MassDevice’s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — sat at 87.17 points at the end of last week (May 29). That total represents a 2.3% gain from the 85.22-point total at the […]

Filed Under: Business/Financial News, Featured, Funding Roundup, MassDevice Earnings Roundup, Mergers & Acquisitions, Wall Street Beat Tagged With: Boston Scientific, Conventus Orthopaedics, coronavirus, COVID-19, Haemonetics, MedTech 100 Index, ReWalk Robotics, Titan Medical Inc.

  • Go to page 1
  • Go to page 2
  • Go to page 3
  • Go to Next Page »

Primary Sidebar

MEDTECH 100 INDEX

Medtech 100 logo
Market Summary > Current Price
The MedTech 100 is a financial index calculated using the BIG100 companies covered in Medical Design and Outsourcing.
Need Medtech news in a minute?
We Deliver!

MassDevice Enewsletters get you caught up on all the mission critical news you need in med tech. Sign up today.

Tweets by @MassDevice
MDO ad

Footer

MASSDEVICE MEDICAL NETWORK

DeviceTalks
Drug Delivery Business News
Medical Design & Outsourcing
Medical Tubing + Extrusion

MASSDEVICE

Subscribe to MassDevice
Advertise with us
About
Contact us

Add us on Facebook Follow us on Twitter Connect with us on LinkedIn Follow us on YouTube

Copyright © 2021 · WTWH Media LLC and its licensors. All rights reserved.
The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media.

Advertise | Privacy Policy | RSS