(Daily Memphian) – Medical device maker Stryker has extended its tender offer to buy shares of Wright Medical to June 30. Stryker announced the extension on Monday, April 27, after Wright Medical shareholders voted conditional approval of the sale Friday, April 24. […]
(S&P Global) – As the early days of robotic surgery give way to more precise control and better patient outcomes, early pioneers like Intuitive Surgical are seeing increased pressure from large companies like Johnson & Johnson and Medtronic, which have made major M&A investments to crack into the market in recent years. […]
(MedCity News) – Don’t mistake Stryker’s latest $500 million deal in the spine market as a simple tuck-in acquisition, says one analyst while another says it could help Stryker give Medtronic a run for its money. […]
(FierceMedTech) – Medtronic is walking away from the knee replacement work being done by Responsive Orthopedics, a startup it acquired in 2016 that had aimed to disrupt the market with lower-cost artificial joints and a bundled payment model. […]
(Motley Fool) – J&J’s latest acquisition might appear to threaten its partnership with Alphabet to develop robotic surgical systems. But another player could be affected even more. […]
(Bloomberg) – Smith & Nephew dropped on a report that the medical-device manufacturer is in talks with NuVasive about a deal worth more than $3 billion to gain spinal surgery products. […]
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