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Titan Medical (TMDI) Announces Intellectual Property Portfolio Expansion with Issuance of Robotic Surgery Patents Related to Camera and System Control

September 17, 2020 8:11 AM EDT

Titan Medical Inc. (“Titan” or the “Company”) (TSX: TMD) (Nasdaq: TMDI), a medical device company focused on the design and development of single-port robotic surgical technologies, announces that it has recently been issued two U.S. patents, increasing its global intellectual property portfolio to 58 issued patents and 84 patent applications. The Company has also received notices of allowance in 17 other patent applications and accordingly anticipates their issuance in the coming months.

Included in the recent patent issuances is U.S. Patent No. 10,772,703 titled “Methods and apparatuses for positioning a camera of a surgical robotic system to capture images inside a body cavity of a patient during a medical procedure” and U.S. Patent No. 10,758,311 titled “Hand controller apparatus for gesture control and shared input control in a robotic surgery system.” The ‘703 patent is directed at the autonomous positioning of a camera in response to the location of a surgical instrument while the ‘311 patent is directed at a novel robotic hand controller with an integrated gesture control pad used to control one or more robotic functions, including camera control. The notices of allowance cover various aspects of robotic surgery instrumentation, autonomous error correction, imaging sensors, visual illumination, graphical user interfaces and sterile barriers, and include a range of countries and regions including the United States, Europe, China, Japan, Australia and Canada.

“I commend Jasminder Brar, our Vice President of Legal, IP and Strategic Initiatives, for his leadership and foresight in formulating an intellectual property strategy that continues to create significant value for Titan’s stakeholders. As evidenced by our recent strategic announcements, intellectual property is fundamental to Titan’s success, providing a foundation to product commercialization, mitigating against certain risks, protecting the company’s innovations and facilitating value creation,” said David McNally, President and CEO of Titan Medical Inc. “While we are always excited to obtain new patents and allowances, the issuance of these recent patents is especially exciting as they relate to human-machine interaction, an area where we have paid special attention in advancing the ergonomic friendliness of medical robotics based on feedback from surgeons.”

The Company is also excited to share that Mr. Brar has been recognized by Intellectual Asset Management (IAM) as a global IP strategy leader and value creator for the sixth consecutive year, having been named in the latest edition of IAM Strategy 300: The World’s Leading IP Strategists. The IAM Strategy 300 guide is available at www.iam-media.com/directories/strategy300.



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