TORONTO, Jan. 09, 2023 (GLOBE NEWSWIRE) — Titan Medical Inc. (Nasdaq: TMDI; TSX: TMD), a medical machine firm centered on the event and commercialization of progressive surgical applied sciences for single entry robotic-assisted surgical procedure (RAS), at this time introduced the revealing of its subsequent era know-how and participation in conferences to help the strategic evaluation course of introduced on November 30, 2022 alongside the 41st Annual J.P. Morgan Healthcare Convention being held January 9-12 in San Francisco, CA. A video highlighting the corporate’s newest innovation in robotic-assisted surgical procedure is offered on the corporate’s web site www.titanmedicalinc.com.
Cary G. Vance, Titan’s President and CEO, commented, “We’re trying ahead to assembly with strategic consumers and traders throughout the convention week and offering a future view into what a three-arm single entry robotic-assisted surgical procedure know-how might appear to be. With the time it takes to deliver advanced merchandise to market within the regulated medical machine trade, you will need to repeatedly envision the following era. Our concentrate on purpose-driven innovation has at all times been on the forefront of our work. We’re excited to share our three-arm design that was independently created by Titan and builds upon applied sciences developed for our two-arm system and people generated beneath a beforehand executed and accomplished improvement and license settlement, and addresses evolving buyer wants in single-access robotic surgical procedure.”
If you want to schedule a gathering throughout the convention, please e mail Kristen Galfetti at [email protected].
About Titan Medical
Titan Medical Inc. (Nasdaq: TMDI; TSX: TMD), a medical machine firm headquartered in Toronto, Ontario with operations in Chapel Hill, North Carolina, is concentrated on enhancing robotic assisted surgical procedure (RAS) utilizing progressive know-how via a single entry level. The Enos™ robotic single entry surgical system is being developed with an ergonomic focus to offer a surgical expertise that imitates real-life actions that surgeons demand and contains multi-articulating devices designed to permit surgeons an elevated vary of movement in a confined house, with dexterity and the power to exert the forces essential to finish frequent surgical duties. With the Enos system, Titan intends to initially pursue gynecologic surgical indications. On November 30, 2022, the corporate introduced the graduation of a strategic evaluation course of that can take into account a full vary of strategic alternate options together with company sale, merger or different enterprise mixture, a sale of all or a portion of the corporate’s belongings, strategic funding or different vital transaction.
Enos™ is a trademark of Titan Medical Inc.
For extra info, go to www.titanmedicalinc.com and comply with @TitanMedical on Twitter and LinkedIn.
This information launch comprises “forward-looking statements” inside the that means of relevant Canadian and U.S. securities legal guidelines, which mirror the present expectations of administration of the corporate’s future progress, outcomes of operations, efficiency and enterprise prospects and alternatives. Ahead-looking statements are steadily, however not at all times, recognized by phrases corresponding to “could”, “would”, “might”, “will”, “anticipate”, “consider”, “plan”, “anticipate”, “intend”, “estimate”, “potential for” and related expressions, though these phrases is probably not current in all forward-looking statements. Ahead-looking statements that seem on this launch could embody, with out limitation, references to: the corporate’s strategic evaluation course of and the potential end result thereof; the corporate’s participation in conferences to help the strategic evaluation course of; the corporate’s three-arm single entry RAS know-how; the corporate’s concentrate on single entry robotic assisted surgical procedure; the Enos system offering a surgical expertise that imitates real-life actions; the Enos platform being designed to advertise sooner restoration, shorter hospital stays, decrease danger of an infection, fewer scars and fewer post-operative ache; Titan’s mission of enhancing outcomes for sufferers, hospitals and surgeons; and the corporate’s intention to initially pursue gynecologic surgical indications with the Enos system.
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Though the forward-looking statements contained within the information launch are primarily based upon what administration presently believes to be cheap assumptions and the corporate has tried to establish vital elements that would trigger precise actions, occasions, circumstances, outcomes, efficiency or achievements to vary materially from these described in forward-looking statements, the corporate can not guarantee potential traders that precise outcomes, efficiency or achievements shall be in line with these forward-looking statements. Besides as required by regulation, the corporate expressly disclaims any intention or obligation to replace or revise any forward-looking statements whether or not because of new info, future occasions or in any other case. Accordingly, traders mustn’t place undue reliance on forward-looking statements. All of the forward-looking statements are expressly certified by the foregoing cautionary statements.
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