Medtronic licenses single-port robotic surgical technologies for $31M

Medtronic turns to Titan Medical as it makes robot-assisted surgery play (MassDevice)

website Titan Medical
Titan Medical (TSX:TMD;OTC:TITFX) announced today that it entered into an agreement with Medtronic (NYSE:MDT) to progress the development of robot-assisted surgical technologies.

The development and license agreement to develop those technologies is accompanied by a separate license agreement with Medtronic in respect of certain intellectual property of Titan Medical, according to a news release.
Under the agreement, both companies can develop robot-assisted surgical...