Stryker (NYSE:SYK)’s Spine division said today it launched the Lite ALIF spinal procedural solution platform and is featuring it at the International Meeting on Advanced Spine Technologies in Kuala Lumpur, Malaysia this week.
The newly launched platform allows customers to combine the Lite anterior retractor with the Aero-AL anterior lumbar interbody and fixation system, the Allendale, N.J.-based company said. The combination of the 2 devices supports a less invasive exposure with minimized retraction, Stryker added.
“Our growing platform of ALIF products is the result of our strategic focus to add value to our procedural solutions. The launch of the LITe ALIF Procedural Solution validates our continued commitment to this evolving segment. We will continue to leverage our innovative approach to develop differentiated products within the ALIF space for surgeons and their patients,” Stryker Spine veep of marketting John Mayor said in a press release.
Last month, Stryker told analysts that mergers & acquisitions are its top priority for the $2.59 billion in ready cash it’s carrying on its balance sheet, with a focus on small-pickups over big-fish deals, like the much-speculated-upon possibility of a merger with rival Smith & Nephew (NYSE:SNN).