Stryker Corp. is still on the prowl for acquisitions, although it isn’t naming names, the company’s CEO told analysts this week. Kalamazoo, MI–based Stryker Corp. has been eyeing British company Smith & Nephew Plc and ...
Stryker Corp. has purchased a Canadian hospital bed company for an undisclosed sum. Kalamazoo, MI–based Stryker announced it has acquired CHG Corp. (London, Ontario) for an undisclosed sum. CHG designs and manufactures low-height ...
Tags: MI–based Stryker, bariatric bed, Health
Posted in Medical Device Business by Chris Newmarker on December 11, 2014 2014 has turned out to be a pretty decent year for the world’s 40 largest medical device companies: Only six of them have seen their stock prices decline, and ...
Tags: Medical Device, Health
Posted in Medical Device Business by Chris Newmarker on November 24, 2014 Stryker executives are once again examining a possible buy of London-based Smith & Nephew and its $4.4 billion-a-year medical device business, according to a ...
Tags: Medical Device Business, Health
Smith & Nephew plc has figuratively yanked the job-security bandage off 108 employees at its St. Petersburg, FL, wound-care plant. The company plans to close the factory and lay the workers off by January 9, according to a report in the ...
Tags: Job Cuts, Smith&Nephew, Health
Smith & Nephew plc (London) announced on February 3 the "execution of a definitive agreement" to acquire the U.S. medical device company ArthroCare Corp. (Austin, TX) for a cash price of $48.25 per ArthroCare share, a total of about $1.7 ...
Tags: Sports Medicine
The risk of death from hip- or knee-replacement surgery has dropped substantially in recent years, a large new study finds. Dutch researchers found that since the early 1990s, death rates have fallen by almost two-thirds among Danish ...
Tags: Death Rate, Knee Replacements
DJO Global has launched its Empi Phoenix, an electrical stimulator that simplifies the treatment of muscle atrophy pre and post surgery for total knee replacement or ACL repair. The Empi Phoenix is a prescription medical device that ...
Tags: Knee Treatment, Medicine
QualChoice Health Insurance has implemented TriZetto’s payment bundling solution software to administer episode based payments to physicians who cater cardiac stents, perinatal care and hip and knee replacements for its group and ...
Tags: payment bundling, QualChoice Health Insurance, Health Insurance
Stryker announced the release of System 7 – the next generation of heavy duty surgical power tools for use in total joint procedures, such as hip and knee replacements. System 7 offers the latest in advanced cutting technology, ...
Tags: Market View