Three takeaways from the definitive agreement:
- The agreement includes a development partnership that builds on the development and licensing agreement that was reached between Titan and Medtronic in June 2020.
- Medtronic and Titan will partner in preclinical trials to test new devices and cameras used in gynecological procedures.
- The agreement finalizes the terms of a $2.6 million Titan purchase agreement from Medtronic for medical instruments and cameras.
