Stryker’s (NYSE: SYK) Mako Surgical System remains a strong seller, even as hospitals grapple with pandemic-induced revenue cuts. The orthopedic giant announced the implementation of its 1,000th system in September. These results stem not only from demand, but also from the financing options that Stryker has extended to certain hospitals, …
Read More »Monthly Archives: November 2020
Colfax (CFX) Arm DJO acquires Stryker extremity products
Colfax Corporation CFX, through its wholly owned subsidiary DJO, LLC, recently completed the acquisition of end product lines from Stryker Company SYK. The announcement, made by DJO yesterday, is welcome as it marks Colfax’s entry into the foot and ankle market. The aforementioned acquisition was valued at $ 15 million. …
Read More »London loses Stryker Medical hospital bed factory, 70 jobs
Breadcrumb Links Local company Author of the article: Norman De Bono Release date : November 13, 2020 • November 13, 2020 • 2 minutes to read Hospital bed maker Stryker closes at the cost of 70 jobs. (Derek Ruttan / The London Free Press) Content of the article London loses …
Read More »Settlement requires Stryker to divest certain products before $ 4 billion acquisition
Stryker Corp. will have to divest the ankle and finger implant businesses in a proposed deal with federal trade regulators to allow a $ 4 billion deal to be reached Wright Medical Group NV, a Dutch manufacturer of various orthopedic products. Federal Trade Commission regulations require the two companies to …
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