Launching and hoping for accurate target market hits…curasan AG and Stryker S.A., Montreux, Switzerland, have signed an agreement to sell and market bone replacement and regeneration materials for a variety of orthopedic indications. In summer 2011, Stryker anticipates launching the products in selected European countries to be potentially followed by further target markets. “Partnering with [...]

Stephen MacMillan must have happy feet and is dancing a jig in Kalamazoo. His company, Stryker Corporation, just announced an 8.8% increase in net sales to $1.99 billion for the fourth quarter of the year. Why shouldn’t he be happy? He’s jettisoned the troublesome OP-1, increased his device footprint by buying Ray Elliott’s (Boston Scientific) [...]

Stryker Corp. is suing Zimmer Holdings, Inc. to block sales of Zimmer’s Pulsavac Plus system. The device removes damaged tissue and cleans bones during joint surgery. In the patent-infringement suit, Stryker claims that Zimmer’s system infringes three U.S patents. Stryker is seeking cash compensation and an order to prevent further use of the inventions, according [...]

FAIRBURN, Ga., Nov. 1, 2010 /PRNewswire/ — Porex Corporation (“Porex”), a portfolio company of Los Angeles-based investment firm Aurora Capital Group, today announced that it has sold its Porex Surgical division to Stryker Corporation (“Stryker”) (NYSE: SYK). “This transaction allows us to focus on our core customers and technologies, and enhance our industry leadership. We support the largest [...]

Oct. 28, 2010 Boston Scientific Corp., the Natick-based medical device company, said it has agreed to sell its neurovascular business to Stryker Corp. for up to $1.5 billion as part of Boston Scientific’s strategy to focus on its core business. Plans call for Stryker to pay $1.4 billion at the sale’s closing and Stryker could pay [...]

Stryker has agreed to pay the state of Massachusetts $1.35 million to resolve allegations that the company marketed OP-1 without regulatory approval and withheld patient safety information from health care providers to boost sales. Massachusetts’ Democratic Attorney General Martha Coakley, who lost last year’s U.S. Senate race to Republican Scott Brown, issued a statement saying [...]

Medical device makers Medtronic Inc., Johnson & Johnson and Stryker Corp. face new safety rules under a revamped program laid out by U.S. regulators that may help speed approval of products from condoms to CT scanners. The Food and Drug Administration released the proposed new requirements for the so-called 510(k) program that covers products similar to previously approved devices, [...]