Titan Medical Inc.(Us) (TSE:TMD) has released an update.
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Titan Medical Inc. has resolved a contractual dispute by agreeing to pay a contract manufacturer $2 million, ensuring the delivery of essential materials and works-in-progress by June 24, 2024. The settlement is part of Titan’s broader strategy to focus on licensing its robotic assisted surgery intellectual property and completing its merger with Conavi Medical Inc.
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