Titan Medical Inc (TMDIF)

[Geo2014]

There is a local IRB at each institution/research site (hospital) that will conduct human trials. If the research site does not have its own (local) IRB, a Central IRB can be used. The sites will submit Titan's study protocol(s), Informed Consent Forms, etc that will have to be reviewed and approved by each local IRB. Typically, local (hospital) IRBs meet once per month, so IRB reviews/approvals take time.

Central IRBs are much more efficient than local IRBs. I've worked on studies where the Central IRB approves a protocol within days/weeks where local IRBs take several months to approve the same protocol.