Titan Medical Inc (TMDIF)

[RockoTaco]

Ishrak had told analysts after the close of the merger with Covidien that the new company will look at U.S.-based companies with early-stage technologies to beef up Medtronic's product pipeline.

"So the M&A activity from us, certainly from a technology perspective, is very sort of close to what we’re focusing on. Bigger deals, obviously opportunistically, we’ll look at it, but that’s a matter of our overall financial bandwidth and our management bandwidth," he said during a conference call.