Titan Medical (TSX:TMD) said today it added an approximate $300,000 to a private placement round that closed earlier this month alongside raising $6.5 million (CDN $8.4 million) from exercising share purchase warrants. The Toronto-based robotic surgical platform developer said that it raised a total of $2.6 million (CDN $3.3 million) through the placement of 13.4 million…
Titan Medical raises $2m in private placement
Titan Medical (TSX:TMD) said today it raised $2.3 million (CDN $2.9 million) in a private placement round looking to support continued development of its Sport robotic surgical system. In the offering, the Toronto-based company said it floated 11.5 million common shares at 20¢ (CDN 25¢) per share to a group including more than a dozen robotic surgeons…
Titan Medical SPORT installed for validation studies
Titan Medical announced the installation of its SPORT Surgical System, a single-port robotic surgical system, at the Florida Hospital Nicholson Center training facility. It’s the first installation for the company’s pre-clinical feasibility and validation studies on the device. “We are thrilled to announce the first of three installations planned in U.S. and European Centers of…