Spotlight On... Robotic surgery player Titan licenses tech from Mayo Clinic; Xeltis kicks Series B up to $32.4M; Canadian co heads to FDA with duodenoscope sterilizer; and more...

Robotic surgery aspirant Titan Medical it is licensing know-how and technology from the Mayo Clinic to improve its development-stage Sport Surgical System for performing colorectal surgery. The technology was developed by Dr. David Larson, chair of colorectal surgery at the Mayo Clinic. "We are very excited to further develop procedures, know-how and instruments for colorectal surgery as we move even closer to the commercialization of the Sport Surgical System," said Titan Medical CEO John Hargrove, in a statement. The company expects to launch the device internationally in late 2016, and in 2017 in the U.S. Titan is one of a number of companies looking to challenge Intuitive Surgical's ($ISRG) DaVinci for supremacy in the minimally invasive surgery arena, including bigwigs Johnson & Johnson ($JNJ) and Medtronic ($MDT). Read the release | More about the device

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