Titan Medical Inc (TMDIF)

[66Mustang]

Looks like a down payment to me, with the side benefit of locking up the IP rights if anything bad happens.

Some big fish maybe starting to realize that half a dozen rolling obstacles are not good for the work flow in an OR suite.

Also on the bright side, it does say "a leading global medical technology company" which rules out Transenterix! They aren't "leading" anything at the moment.

Has anyone started scouring financial filings by true leading global med tech companies to find a $1.5M transaction? Not sure if a (presumably) public company can legally hand out $1.5 million without a trace - maybe the bigger question is how long until some public documentation would show such a transaction.