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Home » Stryker completes Molli Surgical acquisition

Stryker completes Molli Surgical acquisition

July 31, 2024 By Sean Whooley

Molli Surgical's OncoPen on a white background. Stryker
The OncoPen acquired by Stryker [Image courtesy of Molli Surgical]
Stryker (NYSE: SYK) announced today that it completed its acquisition of Molli Surgical.

Molli Surgical develops wire-free soft tissue localization technology for breast-conserving surgery. The company’s offerings strengthen Stryker’s advancing surgical solutions in breast cancer care, the company said in a news release.

The Molli 2 localization system offers ease of use and reliability to support a more efficient surgical workflow. Stryker says Molli Surgical offers the Molli Marker, too, which is the smallest on the market at 3.2 mm. It’s also detectable in dense breasts and through hematoma.

Medical Design & Outsourcing: Simplicity and studies were key for Molli’s magnetic surgical marker

Additionally, Molli Surgical has the Molli 2 tablet, which provides surgeons with real-time feedback. That feedback includes distance, visual, auditory and 3D directional guidance.

Earlier this year, Molli Surgical also launched its OncoPen surgical tool for breast cancer imaging. The sleek, pen-like wand integrates with the Molli 2 system. The minimally invasive tool with directional 3D guidance helps precisely target and remove cancerous lesions.

“Stryker is dedicated to helping oncology surgeons advance surgical treatment through continual innovation and strategic partnerships. The acquisition of Molli Surgical represents a significant step forward in our goal to provide surgeons with the most advanced tools to improve patient care. Molli Surgical complements our existing portfolio in the breast cancer space, which includes our SPY fluorescence imaging technology for lymphatic mapping and lighted retractors,” said Andrés Rosales, VP and GM of Stryker’s Endoscopy business.

The companies elected not to disclose the financial terms of the deal.

Medtech pay analysis: Stryker pay climbs for top execs and median worker as sales break $20B mark

Filed Under: Business/Financial News, Imaging, Mammography, Mergers & Acquisitions, Oncology, Wall Street Beat, Women's Health Tagged With: Molli Surgical, Stryker

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About Sean Whooley

Sean Whooley is a senior editor who mainly produces work for MassDevice, Medical Design & Outsourcing and Drug Delivery Business News. He received a bachelor's degree in multiplatform journalism from the University of Maryland, College Park. You can connect with him on LinkedIn or email him at [email protected].

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