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Healthcare Medical Devices

Conavi Medical Corp., formerly Titan Medical Inc., is a Canada-based company. The Company is focused on designing, manufacturing, and marketing imaging technologies to guide common minimally invasive cardiovascular procedures. The Novasight Hybrid System is intended for intravascular imaging of coronary arteries and is indicated in patients who are candidates for transluminal interventional... see more

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Conavi Medical Corp > Titan Medical Signs Asset Purchase and License Agreement

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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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