Titan Medical Inc (TMDIF)

[dndodd]

From MDT 10Q sure looks like it is related to TMDI;


Acquired In-Process Research & Development (IPR&D)
IPR&D acquired outside of a business combination is expensed immediately. During the three months ended July 31, 2020, the Company acquired $10 million of IPR&D in connection with asset acquisitions, which was recognized in other operating income, net in the consolidated statements of income. During the three months ended July 26, 2019, the Company did not acquire any IPR&D in connection with asset acquisitions.