Titan Medical and Medtronic agree to cooperate on surgical robotics

Titan Medical Inc. announced an agreement with Medtronic PLC to advance the design and development of surgical robots, including a licensing agreement for Titan's intellectual property. Titan will receive up to $31 million in milestone payments, and Medtronic provided a $1.5 million loan.

“Titan Medical Inc. announced an agreement with Medtronic PLC to advance the design and development of surgical robots.”robohub.org

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• robohub.orgTitan Medical, Medtronic agree to cooperate on surgical robotics development - RobohubSean WhooleyJun 4, 2020

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