Updated to include recent share value changes for Stryker Shares in Stryker (NYSE:SYK) are trading steady after the medical device maker posted first quarter 2019 earnings that topped expectations on Wall Street. The Kalamazoo, Mich.-based company posted profits of $412 million, or $1.09 per share, on sales of approximately $3.52 billion for the three months ended […]
Stryker launches Sonopet iQ ultrasonic aspirator, Spinemap Go software
Stryker (NYSE:SYK) said yesterday that it launched its Sonopet iQ ultrasonic aspirator system and its SpineMapGo software. The announcements were made at the American Association of Neurological Surgeons meeting in San Diego, the Kalamazoo, Mich.-based company said. The newly launched Sonopet iQ system is designed to allow surgeons to fragment, emulsify and aspirate soft tissue and […]
Stryker wins FDA PMA, launches Lifepak CR2 AED
Stryker (NYSE:SYK) said yesterday that it launched its Lifepak CR2 defibrillator featuring the LifelinkCentral AED program manager after winning FDA premarket approval for the system. The newly launched Lifepak CR2 AED features new technology including CPRInsight, which allows users to continue chest compressions during ECG analysis and can improve survival outcomes, the Kalamazoo, Mich.-based company said. […]
The 10 largest orthopedic device companies in the world
Robot-assisted surgery continues to generate headlines in the orthopedics space. But there is so much more going on among the world’s largest orthopedic device companies. Go to our sister site Medical Design & Outsourcing and discover what’s new among the 10 largest companies in the medical device industry’s ortho sector. Next>> Note: Medical Design […]
ReShape taps Allergan vet Bandy for CEO | Personnel Moves, April 3 2019
ReShape Lifesciences (NSDQ:RSLS) said last week that it named Allergan (NYSE: AGN) veteran Barton Bandy to replace Dan Gladney in the corner office, effective April 1. Gladney, who announced his retirement in January, is staying on as chairman. Bandy spent a decade at Inamed until its $3.2 billion purchase by Allergan in 2005. “I am […]
Sterilization plant closures: Here’s why you need to care
The recent shutdown of a Sterigenics medical device sterilization plant in Willowbrook, Ill. has affected medtech giants such as Becton Dickinson (NYSE:BDX), Boston Scientific (NYSE:BSX), Medtronic (NYSE:MDT), Smith & Nephew (NYSE:SNN) and Stryker (NYSE:SYK), according to an FDA list of devices processed at the sterilization plant. Medium-sized and smaller firms, including Teleflex (NYSE:TFX), Arthrex and ArthroCare also had devices processed there. The Willowbrook plant sterilized 594 types of devices, including sutures, clamps, […]
Appeals court declines full review of $254m Zimmer loss to Stryker
A federal appeals court declined a full review of its earlier decision to affirm a $248 million win for Stryker (NYSE:SYK) in its surgical tool patent case against Zimmer Biomet (NYSE:ZBH). The U.S. Court of Appeals for the Federal Circuit last December upheld treble damages in the case, based on a U.S. Supreme Court decision in […]
10 orthopedic products from AAOS 2019 you need to know
The American Academy of Orthopaedic Surgeons (AAOS) annual meeting in Las Vegas is abuzz about robotics, according to industry analysts from SVB Leerink. While the SVB Leerink analysts termed Stryker’s (NYSE:SYK) Mako platform “best-in-class,” it’s an expanding category. Other major orthopedics companies are using this week’s AAOS meeting to introduce new offerings or tout updates to existing […]
Stryker pays up to $220m for OrthoSpace
Stryker (NYSE:SYK) said today that it put $220 million on the table for OrthoSpace and its InSpace rotator cuff repair device. Stryker said it paid $110 million in up-front cash and agreed to another $110 million in potential milestones for the Caesarea, Israel-based company. “The acquisition of OrthoSpace is highly complementary to our existing portfolio […]
Stryker closes Arrinex buy
Stryker (NYSE:SYK) said yesterday that it closed its acquisition of Arrinex and its Clarifix cryoablation technology intended for treating chronic rhinitis. Kalamazoo, Mich.-based Stryker said that Menlo Park, Calif.-based Arrinex was founded in 2013 and began commercializing the Clarifix technology in late 2017. Stryker said that the acquisition will expand its ENT portfolio and that the […]
Stryker recalls select Lifepak 15 defibs on lock-up issues
Stryker (NYSE:SYK) said last Friday that it is launching a select voluntary recall of Lifepak 15 monitor/defibrillators over issues in which the device locks up and may not deliver life-saving therapy, adding that it has received six reports of deaths related to the issue. The Kalamazoo, Mich.-based company said that an issue with the Lifepak 15 […]
- 1
- 2
- 3
- …
- 61
- Next Page »
MassDevice Network
@MassDevice
LinkedIn
YouTube