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Stryker To Acquire ZuriMED To Expand Shoulder Care Portfolio
Source: Nasdaq
M&A & RestructuringCompany FundamentalsHealthcare & BiotechTechnology & Innovation
Stryker (SYK) signed a definitive agreement to acquire ZuriMED, a privately held developer of the FiberLocker System for rotator cuff augmentation. The deal adds a commercialized technology platform in musculoskeletal/orthopedic care, which should modestly support Stryker’s growth outlook. No deal value or immediate financial impact was provided in the announcement.
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