Stryker snaps up Orthovita for $316 million

May 16, 2011 by MassDevice staff

Orthovita officials say Stryker Corp. will pay $3.85 per share for the Malvern, Pa.-based orthopedic biologics maker in a deal valued at $316 million.

Stryker

Stryker Corp. (NYSE: SYK ) made an offer to buy Orthovita Inc. (NSDQ: VITA), a Malvern, Pa.-based orthopedic biologics maker, in an all-cash deal worth $316 million.

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