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Titan Medical Inc.

Titan Medical names Cary G. Vance as new president, CEO

July 1, 2022 By Sean Whooley

Titan Medical (Nasdaq:TMDI) announced that it appointed Cary G. Vance as its new president and CEO. Vance will succeed Titan chair of the board of directors, Paul Cataford, who had served as interim president and CEO since December 2021, when David McNally, who previously held the corner office, resigned. Vance’s appointment was made effective today. […]

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

Nasdaq grants Titan Medical 180-day extension to regain compliance

June 29, 2022 By Sean Whooley

Titan Medical (Nasdaq:TMDI) announced today that it received an additional 180 days to regain compliance with the Nasdaq market. According to a news release, the Listing Qualifications Staff of The Nasdaq Stock Market notified the company that it received 180 extra calendar days — running through Dec. 26, 2022 — to evidence compliance with the […]

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

‘Multiple disruptions’ slow timeline for Titan Medical’s Enos robotic surgery platform

June 28, 2022 By Sean Whooley

Titan Medical (Nasdaq:TMDI) announced today that it updated the FDA submission timeline for its Enos robotic surgery platform. “Multiple disruptions” have resulted in an updated FDA investigational device exemption (IDE) submission timeline for the Enos robotic single access surgery system, with the Toronto-based company now expecting the IDE submission to come in mid-2023, rather than […]

Filed Under: Business/Financial News, Featured, Food & Drug Administration (FDA), Regulatory/Compliance, Robotics, Surgical Tagged With: robot-assisted, Robotic Surgery, Titan Medical Inc.

Titan Medical SVP of research and product development departs

June 1, 2022 By Sean Whooley

Titan Medical (Nasdaq:TMDI) announced today that executive Perry Genova will depart the company effective immediately. Genova, who served as senior VP of research and product development, will leave Titan following what the single access robotic-assisted surgery technology developer described as careful consideration and a review of the company’s future needs. “As we transform from a […]

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

Titan Medical inks a $2.6M purchase order from Medtronic

May 3, 2022 By Chris Newmarker

Robotic-assisted surgery company Titan Medical (Nasdaq: TMDI; TSX: TMD) is deepening its relationship with Medtronic (NYSE:MDT), securing a $2.6 million purchase order from the medtech giant. The purchase order news comes more than three months after Titan Medical completed a development and licensing agreement with Medtronic that brought in a net $8.3 million, helping the […]

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

Titan Medical receives final milestone payment from Medtronic

January 26, 2022 By Sean Whooley

Titan Medical (TSX:TMD;OTC:TITFX) announced today that it received the final milestone payment under an agreement with Medtronic (NYSE:MDT). Toronto-based Titan Medical confirmed the completion of the final milestone under a development and license agreement on Jan. 4. It also announced today that the senior secured loan from Medtronic as part of the agreement has been retired. […]

Filed Under: Business/Financial News, Featured, Funding Roundup, News Well, Research & Development, Robotics, Surgical Tagged With: Medtronic, robot-assisted, Robotic Surgery, Titan Medical Inc.

Titan Medical completes final milestone in Medtronic development agreement

January 4, 2022 By Sean Whooley

Titan Medical (TSX:TMD;OTC:TITFX) announced today that it completed the final milestone under a development and license agreement with Medtronic (NYSE:MDT). Toronto-based Titan’s fourth and final milestone under the agreement was completed on schedule, meaning the company will receive a payment in exchange for licensing the developed technologies to Medtronic. At the same time, Medtronic will retire […]

Filed Under: Business/Financial News, Featured, Funding Roundup, News Well, Research & Development, Robotics, Surgical Tagged With: Medtronic, Titan Medical Inc.

12 of medtech’s biggest personnel changes in 2021

December 17, 2021 By Sean Whooley

As medtech companies continued to drive innovation throughout the past 12 months, a number of high-level executives led the way. Some of those companies and those executives opted for major changes over the course of 2021, though, with some high-profile moves from medtech giant to medtech giant. Here are some of the biggest personnel moves […]

Filed Under: Business/Financial News, Featured Tagged With: Abbott, BD, Butterfly Network, Dexcom, GE Healthcare, Integra LifeSciences, iRhythm Technologies Inc., Johnson & Johnson, Medtronic, Personnel Moves, Siemens Healthineers, Stryker, Titan Medical Inc., Varian Medical Systems, Zimmer Biomet

Titan Medical CEO resigns

December 2, 2021 By Sean Whooley

Titan Medical (NSDQ:TMDI) announced that the company’s President & CEO, David McNally has stepped down from those roles. McNally is no longer the robotic surgery company’s president & CEO and also resigned from Titan’s board of directors, effective Dec. 1, 2021, according to a news release. No reason was provided for his departure. Toronto-based Titan […]

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

Titan Medical appoints new CFO

July 12, 2021 By Sean Whooley

Titan Medical (NSDQ:TMDI) announced today that it appointed Stephen Lemieux as its new chief financial officer. Toronto-based Titan, a robotic surgical technology developer, said in a news release that current CFO Monique Delorme will leave the company, effective immediately. Delorme will remain in an advisory capacity through March 2022 to ensure a smooth transition. “We […]

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

MedTech 100 roundup: On the rise again

June 1, 2021 By Sean Whooley

Last week provided a glimmer of light for medtech after a rough few weeks as the industry continues to push in the right direction. MassDevice‘s MedTech 100 Index — which includes stocks of the world’s largest medical device companies — finished the week (May 28) at 108.5 points, producing a 0.7% rise from the 107.74-point mark […]

Filed Under: Business/Financial News, Featured, Funding Roundup, MassDevice Earnings Roundup, Mergers & Acquisitions, Wall Street Beat Tagged With: Barclay's, EU MDR, Honeywell, MedTech 100 Index, Medtronic, Olympus, Rapid Medical, Titan Medical Inc.

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