TSX:TMD - Post Discussion
Post by
Betteryear2 on Jun 05, 2023 3:20pm
Titan Medical Signs Asset Purchase and License Agreement
TORONTO, Ontario, June 05, 2023 (GLOBE NEWSWIRE) -- Titan Medical Inc. (“Titan” or the “Company”) (TSX: TMD; OTC: TMDIF), a medical technology company headquartered in Toronto, Ontario, announced today that the Company has entered into an asset purchase and license agreement (“Agreement”) with Medtronic (NYSE: MDT), a global leader in healthcare technology, for an upfront payment of US$8.0 million in respect of certain intellectual property (“IP”) of Titan. Titan Medical Signs Asset Purchase and License Agreement (globenewswire.com)
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