Titan Medical Inc (NASDAQ:TMDI) Stock gains Momentum: How to Trade Now?

In the past week the medical device company Titan Medical Inc (NASDAQ:TMDI) has come into sharp focus among investors and managed to clock gains of as much as 8%. In light of the gains made by the stock, it might be the right time for investors to perhaps take a closer look at the company. The company is specifically involved in designing and developing surgical technologies that are meant for aiding robotic surgeries.

Yesterday, the company announced that it appointed a new Vice President of Quality and Regulatory Affairs in the form of Tammy Carrea. It is a key appointment for the company and one that might have a considerable effect on the long term fortunes of Titan Medical. The President and Chief Executive Officer of the company David McNally spoke about the appointment. He stated that the company is ‘delighted’ following the appointment of Tammy Carrea to the executie team at Titan Medical. He went on to state that she joins the company at a critical time since Titan Medical is currently focussed on starting human clinical trials for its Enos™ robotic single access surgery system. In her new role, Carrea is expected to play a crucial role in taking forward this project.