stryker mako acquisition
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stryker mako acquisition

", "The combination of Stryker's established industry leadership with MAKO's innovative products and people contains the power to positively transform orthopedics," said Maurice R. Ferré, M.D., President and Chief Executive Officer. The Med Device Industry Reacts And Contracts. Pour autoriser Verizon Media et nos partenaires à traiter vos données personnelles, sélectionnez 'J'accepte' ou 'Gérer les paramètres' pour obtenir plus d’informations et pour gérer vos choix. Stryker has acquired 45 companies, including 23 in the last 5 years. Founded in 2004, MAKO has pioneered the advancement of robotic assisted surgery in orthopedics. Such factors include, but are not limited to: weakening of economic conditions that could adversely affect the level of demand for our products; pricing pressures generally, including cost-containment measures that could adversely affect the price of or demand for our products; changes in foreign exchange markets; legislative and regulatory actions; unanticipated issues arising in connection with clinical studies and otherwise that affect U.S. Food and Drug Administration approval of new products; changes in reimbursement levels from third-party payors; a significant increase in product liability claims; the ultimate total cost with respect to the Rejuvenate and ABG II matter; the impact of investigative and legal proceedings and compliance risks; resolution of tax audits; the impact of the federal legislation to reform the United States healthcare system; changes in financial markets; changes in the competitive environment; our ability to integrate acquisitions, including the acquisition of MAKO Surgical Corp.; and our ability to realize anticipated cost savings as a result of workforce reductions and other restructuring activities. Robotic Arm Interactive Orthopedic System. 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MAKO is a company in South Florida that manufactures and markets surgical robotic arm assistance platforms, most notably the RIO (Robotic Arm Interactive Orthopedic System) as well as orthopedic implants used by orthopedic surgeons for use in partial knee and total hip arthroplasty. "MAKO has established a compelling technology platform in robotic assisted surgery which we believe has considerable long term potential in joint reconstruction," said Kevin A. Lobo, President and Chief Executive Officer. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. We look forward to welcoming the MAKO team to Stryker. Kalamazoo, Michigan - September 25, 2013 - Stryker Corporation (NYSE:SYK) announced today a definitive agreement to acquire MAKO Surgical Corp. (MAKO) for $30.00 per share with an aggregate purchase price of approximately $1.65 billion. The system’s therapeutic offerings are growing and expanding, as well, therefore one unit purchase will provide multiple services. Kalamazoo, MI 49002 The ACA introduced several new challenges to med device profitability. At Stryker, we promise to treat your data with respect and will not share your information with any third party. Founded in 2004, MAKO has pioneered the advancement of robotic assisted surgery in orthopedics.

The company expects continued growth for Mako and Ms. Owen said the Mako order book "remains robust and supports our expectation for continued share gains in both hips and knees.

", More articles on orthopedics:Breaking down the 3 major robots in spine surgeryJohnson & Johnson sets sights on robotics in 2020 in orthopedics and beyondMoody's predicts rapid growth for robotic orthopedic surgery—key insights on Stryker, Zimmer Biomet. For more information, visit www.stryker.com. In late 2013, Stryker purchased MAKO Surgical and its Robotic Arm Interactive Orthopedic System (RIO). The Company offers a diverse array of innovative medical technologies including reconstructive implants, medical and surgical equipment, and neurotechnology and spine products to help people lead more active and more satisfying lives. The combination was designed to perform minimally invasive procedures that were more exact and repeatable. Stryker Corporation, 2825 Airview Boulevard For media inquiries please contact:Yin Becker, Stryker Corporation, 201-831-5000 or yin.becker@stryker.com, For investor inquiries please contact:Katherine A. Owen, Stryker Corporation, 269-385-2600 or katherine.owen@stryker.com.

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