Stryker To Acquire Privately Held Company Artelon; No Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Stryker is set to acquire privately held Artelon, a company specializing in soft tissue fixation products for foot and ankle and sports medicine procedures. This acquisition will enhance Stryker's offerings in the soft tissue fixation segment and underscores its commitment to providing advanced solutions for ligament and tendon reconstruction.
June 03, 2024 | 12:06 pm
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Stryker's acquisition of Artelon will enhance its product offerings in the soft tissue fixation segment, particularly for foot and ankle and sports medicine procedures. This move demonstrates Stryker's commitment to providing advanced solutions for ligament and tendon reconstruction.
The acquisition of Artelon will likely strengthen Stryker's market position in the soft tissue fixation segment, potentially leading to increased revenues and market share. This strategic move aligns with Stryker's commitment to innovation and providing differentiated solutions in the medical devices sector.
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