The Medical Device Business Journal — Medical Device News & Articles | MassDevice
Stryker‘s (NYSE:SYK) is making moves to step up its game in emerging markets, widening its reach with the recent acquisition of Trauson Holdings, company officials told investors yesterday.
"The goal of this acquisition is to be able to leverage the product portfolio into other emerging markets," Katherine Owen, Stryker’s vice president of strategy, said in a conference call with investors Wednesday.
Stryker (NYSE:SYK) made a HK$7.50-per-share cash bid for Trauson Holdings (HKG:0325), a Chinese medical device company that makes spinal and trauma care products.
