Business

Stryker to Shed Assets to Get FTC Blessing for Wright Deal

(ODT) – The Federal Trade Commission will require medical device companies Stryker and Wright Medical to divest all assets related to Stryker’s total ankle replacements and finger joint implant products to remedy concerns that Stryker’s proposed $4 billion acquisition of Wright will harm competition in those markets. […]

M&A

Medical device mergers on pause

(Evaluate) – Thanks to Thermo Fisher Scientific and Invitae, two groups brave enough to push ahead with multibillion-dollar acquisitions during a pandemic, the total value of medical device M&A announced in the first half of 2020 nudged over $15bn. […]