Stryker buys Sage Products from Cary for $ 2.7 billion

Stryker Corp., a manufacturer of medical devices, has agreed to purchase Sage LLC Products for $ 2.78 billion in cash from its private equity owner Madison Dearborn Partners. The purchase will come with a $ 500 million tax benefit for Stryker, based in Kalamazoo, Mich., The company said in a …

Read More »

Medical device maker Stryker buys Sage Products for $ 2.78 billion

(Reuters) – Medical device maker Stryker Corp SYK.N said it would buy medical supply maker Sage Products LLC for $ 2.78 billion, seizing a major player in the market for products intended to help hospitals control the spread of infections. The purchase, from private equity firm Madison Dearborn Partners, is …

Read More »

Stryker Corp. Kalamazoo buys Sage Products for $ 2.8 billion

Based on Kalamazoo Stryker Corp. (NYSE: SYK) announced Monday that it has agreed to buy Sage LLC Products, a manufacturer of products to prevent nosocomial diseases, for nearly $ 2.8 billion in cash. Stryker, a leading medical technology company, purchases Sage, which is based in Cary, Ill., From Madison Dearborn …

Read More »

Stryker to Pay $ 2.8 Billion for Sage Products ‘Never Event’ Devices

Stryker (NYSE:SYK) said today it has signed an agreement to pay nearly $ 2.78 billion for Sage Products and its line of disposable devices designed to reduce so-called “never-before-seen events” in intensive care and nursing homes. surgery. Sage, based in Cary, Ill., Manufactures products for oral care, skin preparation and …

Read More »

Stryker CEO: 5 products that will make 2016 a great year

Orthopedics maker Stryker reported a good quarter on Tuesday with earnings per share higher than analysts expected. Analysts and company executives believe the Kalamazoo, Mich. Company will have a strong 2015. But during an earnings call on Tuesday, Kevin Lobo, CEO of Stryker, said a few products and companies will …

Read More »

Stryker offers to buy China Spine-Products Maker

Stryker Corp. SYK -0.10% offered to pay $ 764 million in cash to spine maker Trauson Holdings Co. – and a presence in the rapidly growing Chinese orthopedics market. Agreement follows Medtronic Inc. MDT -1.55% Acquisition in September of the Chinese orthopedics company Kanghui Holdings Co. for 816 million dollars. …

Read More »

Stryker’s $ 304 million acquisition of bone materials maker Orthovita seen as a good solution

Courtesy of Stryker Corp.The head office of medical technology company Stryker Corp. is located at 2825 Airview Blvd. KALAMAZOO – The acquisition by Stryker Corp. Philadelphia-suburban bone graft material maker Orthovita Inc. is expected to supplement Stryker’s supply of orthobiologic products, such as bone substitutes and synthetic bone graft substitutes. …

Read More »

Stryker Biotech Responds to Government Lawsuit Regarding Bone Growth Products

Calling it a threat that “has the potential to swallow attorney-client privilege entirely,” lawyers for former Stryker Biotech chief Mark Philip have hit back at federal prosecutors in criminal case alleging illegal promotion of bone sealants . The defendants – Stryker Corp. (NYSE:SYK) Biotech branch based in Hopkinton, Mass. Former …

Read More »

Stryker buys New York medical products maker Gaymar for $ 150 million

Stryker Corp. (NYSE: SYK) agreed to buy Gaymar Industries Inc., the maker of medical products from Orchard Park, New York, for $ 150 million in cash. Founded in 1956 by John K. Whitney in the basement of his home in Tonawanda, New York, Gaymar Industries specializes in supporting surface, pressure …

Read More »