Shots:

• Medtronic acquires Titan Spine- in all-stock transaction. The acquisition is expected to close on July 26- 2019 including regulatory clearance
• The focus of the acquisition is to bolster Medtronic’s Spine portfolio with the addition of Titan’s spine implant surface technology and surface-enhanced interbody implants- providing complete procedural solutions for surgeons and improving patient’s outcomes
• Titan’s nanoLock is a surface technology enhancing micro and nano-scaled architecture thus improving the osteogenic response and has received FDA’s nano-clearance & Centers for Medicare & Medicaid Services (CMS) new technology designation

Ref: GlobeNewsWire | Image: Ti Group