Stryker announces definitive agreement for the sale of its U.S. spinal implants business and plans to sell related international business
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Stryker has announced a definitive agreement to sell its U.S. spinal implants business to Viscogliosi Brothers, LLC, forming a new company, VB Spine, LLC. Stryker also plans to sell its related international business.
January 28, 2025 | 9:15 pm
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Stryker is selling its U.S. spinal implants business to Viscogliosi Brothers, LLC, forming VB Spine, LLC, and plans to sell its related international business.
The sale of the U.S. spinal implants business is a significant move for Stryker, potentially allowing the company to focus on other core areas and improve financials. The formation of VB Spine, LLC, and plans to sell the international business could positively impact Stryker's stock in the short term.
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IMPORTANCE 80
RELEVANCE 100