Stryker announced today that it completed its previously announced acquisition of soft tissue fixation developer Artelon. Kalamazoo, Michigan-based Stryker last month announced an agreement to buy all outstanding shares of Artelon. Financial terms remain undisclosed. Artelon specializes in soft tissue fixation products for foot and ankle and sports medicine procedures. Stryker believes that the company’s […]
Artelon
Stryker to acquire soft tissue fixation developer Artelon
Stryker today announced it entered a definitive agreement to acquire all of the issued and outstanding shares of Artelon. Artelon specializes in soft tissue fixation for foot and ankle and sports medicine procedures. The acquisition is slated to strengthen Stryker’s offerings in the soft tissue fixation segment for ligament and tendon reconstruction. Artelon designed its […]
Artelon raises $20M for joint instability treatment
Artelon announced today that it closed a Series B funding round worth proceeds of approximately $20 million. Marietta, Georgia–based Artelon plans to use proceeds to fund commercial growth and clinical research. It may also go toward expanding the company’s product line for the surgical treatment of ankles and other joints. Artelon develops its proprietary Dynamic […]
Artelon launches two ankle stability systems
Artelon announced today that it launched its Flexband Solo and ATL anchoring systems for ankle ligament reconstruction procedures. Marietta, Ga.-based Artelon’s two new products utilize the company’s Dynamic Matrix technology, which is a proprietary polymeric bio-textile, according to a news release. Dynamic Matrix is designed to mimic the natural mechanical and biological properties of healing […]
