Medtronic Signs Asset Purchase And License Agreement With Titan Medical For $8M Of Certain Intellectual Property
Portfolio Pulse from Benzinga Newsdesk
Medtronic has signed an asset purchase and license agreement with Titan Medical for $8 million, acquiring certain intellectual property.
June 05, 2023 | 5:35 pm
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POSITIVE IMPACT
Medtronic acquires intellectual property from Titan Medical for $8M, potentially strengthening its product portfolio.
Medtronic's acquisition of intellectual property from Titan Medical for $8 million could strengthen its product portfolio and lead to potential growth in the short term. The acquisition is directly related to Medtronic and is likely to have a positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100