Updates from Titan Medical
Titan has received this months $16m VC investment!
Their new corporate presentation reveals some news:
Their new corporate presentation reveals some news:
SPORT is promised to offer: - "A premier solution that will transform the challenges facing robotics today
- significantly more affordable, agile and versatile as compared to existing robotic solutions
- Camera Insertion Tube (CIT) accommodates 2 multi-articulated instruments with self-cleaning dual channel camera
- 10 Multi-Articulated Multi-Use instruments with Single-Use Replaceable Tips
- Monopolar, Bipolar, Vessel Sealing and Clip Applier capabilities
- Multi-quadrant access"
Their current development timeline is:
• Initiate usability study – 1H 2016
• Complete usability study – 2H 2016
• Optimization trials – 1H 2017
• System design freeze – 1H 2017
• Build design verification units / Initial audit for CE mark – 2H 2017
• Complete design verification and validation – 2H 2017
• Final CE mark audit – 2H 2017
• Submit 510 (k) application to FDA – 2H 2017
• Complete usability study – 2H 2016
• Optimization trials – 1H 2017
• System design freeze – 1H 2017
• Build design verification units / Initial audit for CE mark – 2H 2017
• Complete design verification and validation – 2H 2017
• Final CE mark audit – 2H 2017
• Submit 510 (k) application to FDA – 2H 2017
Source: Titan Medical Inc.
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