Stryker set another record in the second quarter for installations of its Mako orthopedic robot, ahead of two planned launches of spine and shoulder features later this year. Robots aside, Stryker plans to continue a steady drumbeat of acquisitions in the second half of the year. In July alone, Stryker bought Artelon, a company specializing in soft tissue fixation products for foot and ankle procedures, and Molli Surgical, which makes soft tissue localization technology for breast conserving surgery. Stryker has freed up cash for more purchases by paying down debt from its Wright Medical and Vocera Communications acquisitions.
Read the full article: Stryker Plans ‘Very Active’ M&A, Ortho Robot Launches in 2H //
Source: https://www.medtechdive.com/news/stryker-acquisition-plans-robot-launches-2024/722938