Medtronic signs agreement with Titan

Medical device company Titan Medical has signed a definitive agreement with medtech company Medtronic, according to a Sept. 12 Titan news release.

Three takeaways from the definitive agreement:

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

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