Titan Medical Announces First Installation of SPORT Surgical System in Europe

Titan Medical (TSX:TMD; OTCQB:TITXF) announced the successful installation of the first SPORT Surgical System at the IHU Strasbourg’s research facility.
As quoted in the press release:

This is the first SPORT installation in Europe and the final planned installation at Titan’s Center of Excellence sites for feasibility and validation studies to support regulatory submissions. The studies at IHU Strasbourg are expected to commence in the fourth quarter of 2017 and continue into 2018.

David McNally, President and CEO of Titan Medical, said, “We are pleased to announce SPORT’s first European installation at IHU Strasbourg, right on schedule.  Following Florida Hospital Nicholson Center in Orlando and Columbia University Medical Center in New York, this is our final planned installation at our Center of Excellence sites. We now have achieved a critical milestone of success with installations of the SPORT system at all three of our Center of Excellence sites before the end of 2017. This is a significant positive step for Titan Medical as we continue to deliver our stated milestones on time with the end goal of commercializing the SPORT Surgical System.”

“With successful first uses of the SPORT system reported from the two U.S. Center of Excellence sites, we now enthusiastically look forward to conducting the first of the feasibility studies at IHU Strasbourg in the coming weeks,” added Mr. McNally.

Click here to read the full press release.

Source: globenewswire.com