Titan Medical Partners With Columbia University Medical Center for Sport Feasibility and Validation Studies

Titan Medical Inc. (“Titan” or the “Company”) (TSX: TMD) (OTCQB: TITXF), a medical device company focused on the design, development and commercialization of a robotic surgical system for application in minimally invasive surgery (MIS), announces it has entered into an agreement with Columbia University Medical Center for feasibility and validation studies to support regulatory application for its SPORT Surgical System. These studies, to be performed in Columbia’s surgical simulation center, 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 honored to partner with another leading academic medical center in Columbia University Medical Center, a New York Presbyterian Hospital for continued feasibility and validation studies for the SPORT system. Considered as one of the leading U.S. Hospitals, Columbia University Medical Center provides global leadership in scientific research, health and medical education and patient care. Through this collaboration, Titan’s SPORT system will be installed at the Roy and Diane Vagelos Education Center, a brand new state-of-the-art medical and graduate education center with full access to laboratory facilities as well as Columbia’s multi-specialty and world-renowned surgeons.”

“With the signing of this agreement, I am glad to announce that Titan has delivered on its critical milestone of establishing formal collaborations with three strategic centers of excellence. Following the agreements with Florida Hospital Nicholson Center, IHU Strasbourg and now, Columbia University Medical Center, we eagerly look forward to continuing the feasibility studies in the fourth quarter of 2017,” added Mr. McNally.

Arnold Advincula, M.D., Chief of Gynecology (GYN) Specialty Surgery Division at Columbia, said, “Single port robotic surgery has tremendous potential to be the next frontier in GYN and other surgical specialties. We are excited to be partnering with Titan Medical in shaping the future of single port robotic surgery during critical development phases of their SPORT system. We have the expertise and facilities to provide valuable input during the development process.”

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