Titan Medical closes $2m deal with Chinese investor

Titan Medical (TSX:TMD) said today that it closed a deal with Longtai Medical to convert a $2 million distributorship deposit to equity. The move makes Longtai the robotic surgical company’s largest shareholder. In May of 2015, Titan Medical and Longtai, a subsidiary of Chinese medical device distributor Ningbo Long Hengtai International Trade Co., inked a deal to

Titan Medical CEO wants to up the game in robotic surgery: Here’s how

Titan Medical – the young, upstart Canadian robotic surgery company – is making a comeback this year. Just today, the company announced the completion of initial formative human factors studies for its Sport single port robotic surgical system. The Sport system boasts the ability for a variety of surgical instruments on snake-like arms to be deployed

11 surgical robotics companies you need to know

Fink Densford, Associate Editor Robotic surgery is taking off, and the field is becoming increasingly diverse. We’ve collected information on the biggest players in the field so far. Intuitive Surgical’s da Vinci robot remains the premier surgical robotics company, with other companies including Stryker and Zimmer-Biomet only getting into the field in recent years. Read on

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Your next operation may be performed by a machine

If you can call something that’s been on the market for 16 years a trend, then robot-assisted surgery is one of the hottest in medtech. Pioneered by Intuitive Surgical’s da Vinci abdominal surgery device, which hit the U.S. market in 2000, today almost no medical specialty lacks an entrant with a robot-assisted platform. As with