Stryker Completes Acquisition of Artelon, Inc.
15 Luglio 2024 - 2:00PM
Business Wire
Stryker (NYSE: SYK), a global leader in medical technologies,
has completed the previously announced acquisition of Artelon, a
privately held company specializing in innovative soft tissue
fixation products for foot and ankle and sports medicine
procedures.
“Integrating Artelon’s portfolio into Stryker’s offerings will
allow us to deliver best-in-class soft tissue fixation solutions,”
said Tim Lanier, president of Stryker’s Trauma & Extremities
division. “This acquisition strengthens our competitive edge.
Leveraging Artelon’s unique synthetic technology and extensive
expertise positions us to continue driving innovation and solidify
our leadership in the foot and ankle and sports medicine
segments.”
Artelon’s technologies complement and expand the current range
of products available to Stryker’s foot and ankle and sports
medicine specialist customers. Its differentiated synthetic
technology is designed to enhance biological and mechanical
ligament and tendon reconstruction with over 60,000 implantations
worldwide.
“The acquisition of Artelon will offer enhanced solutions in the
soft tissue fixation segment, enhancing our ability to meet the
diverse needs of our customers,” said Brent Ladd, president of
Stryker’s Endoscopy division. “This is a significant milestone for
Stryker as it will provide our customers with advanced technologies
designed to improve patient outcomes.”
About Stryker
Stryker is a global leader in medical technologies and, together
with its customers, is driven to make healthcare better. The
company offers innovative products and services in MedSurg,
Neurotechnology, Orthopaedics and Spine that help improve patient
and healthcare outcomes. Alongside its customers around the world,
Stryker impacts more than 150 million patients annually. More
information is available at www.stryker.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240715821564/en/
Frank Mastrangelo Director, Communications, Trauma &
Extremities Frank.Mastrangelo@stryker.com
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