Stryker subsidiary completes $52M acquisition of sterilization technology company
Written by Alan Condon | November 27, 2019 | Print | EmailA Stryker subsidiary recently acquired low-temperature sterilization technology company TSO3, reports Cleanroom Technology.
Three things to know:
1. The $52 million acquisition includes all the issued and outstanding common shares of the company, including existing indebtedness.
2. TSO3 President and CEO Ric Rumble said the deal will provide the Quebec City, Canada-based company with the resources to achieve its full potential.
3. Stryker acquired Mobius Imaging and its sister company Cardan Robotics for $500 million in October and OrthoSpace for $110 million in March.
More articles on devices:
EOS imaging to launch new system at RSNA Annual Meeting in Chicago
Aurora Spine, Alphatec & more: 9 device company notes
PE-backed orthopedic company acquires 4 implant portfolios from Surgical Frontiers
© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies here.
Most Read - Devices & Implants
- Judge declines to bar former NuVasive employee from taking clients to Alphatec Spine
- 10 devicemakers with highest payouts to physicians, hospitals — Zimmer Biomet is No. 1
- DePuy Synthes recalls devices used in spine fixation system: 6 things to know
- Stryker subsidiary completes $52M acquisition of sterilization technology company
- North Carolina patient sues Medtronic over failed spinal fusion
Top 40 Articles from the Past 6 Months
- What happened to Laser Spine Institute — 4 things to know
- The most dangerous trend in spine surgery
- Neurosurgeon faces murder charges in California over opioid over-prescription: 4 details
- CMS removes 6 spinal procedures from inpatient-only list
- Top 20 hospitals for orthopedics, by US News
- Walmart pilot program to identify quality physicians will include orthopedics
- California hospital to end orthopedic services amid financial constraints: 5 things to know
- 6 orthopedic surgeons facing conspiracy, fraud charges
- How Johnson & Johnson plans to grow orthopedic, spine robotics in the next 24 months
- Alabama orthopedic practice pays $1.2M to settle billing, self-referral allegations: 5 details
- Healthgrades: 100 best hospitals for spine surgery in the US
- New York spine surgeon pleads guilty to illegal painkiller prescription, faces $250K fine
- Laser Spine Institute co-founders now owe ex-business partner $300M+, judge rules
- Life Spine execs allegedly paid millions in kickbacks to surgeons, government intervenes in whistleblower suit
- Meet the head neurosurgeon for Elon Musk's Neuralink, Dr. Matthew MacDougall
- Neurosurgeon pleads not guilty to murder charges tied to 4 patient deaths
- California spine surgeon sentenced to 30 months in prison after $5M kickback scheme
- Orthopedic market share projections: Top 5 companies in 2024
- Florida health system eliminates orthopedics at 2 clinics after $6.8M loss last year
- PE firm invests in Connecticut orthopedic, spine practice: 5 details
- Former orthopedic clinic, owners pay $7.1M settlement over alleged unnecessary knee injections, braces: 4 details
- Tennessee pain clinics shut down after owner accused of fraud — 5 insights
- Dr. Brett Gemlick dies at home, cause unknown
- Zimmer Biomet issue global recall following contractor cleaning concern
- The state of BMP in spine surgery today
- Stryker adds to spine division with $500M acquisition: 3 details
- Orthopedic surgeon to appeal $2M malpractice verdict involving overlapping surgeries
- CMS rules set 'dangerous precedent' for specialty reimbursement, AAOS president says
- Nebraska orthopedic clinic locked out of EHR after ransomware attack
- DOJ alleges Dr. Wilson Asfora performed unnecessary spinal surgeries: 4 details
- Neurosurgery tops list of high-earning physician specialties
- Sanford Health sends termination notice to neurosurgeon accused of Medicare fraud
- Orthopedic surgeon sues NFL wide receiver Antonio Brown for unpaid services
- Physician gets 60 months in prison for prescribing 23,000 opioid pills unlawfully: 4 things to know
- Lawsuits against fugitive neurosurgeon Dr. Allen Sossan settled
- What Stryker's spine division stands to gain from 5 acquisitions
- Humana expands total joint, spinal fusion bundles to 15 practices
- Judge declines to bar former NuVasive employee from taking clients to Alphatec Spine
- Texas orthopedic surgeon pays $300,000 to settle kickback allegations over 'medical directorship' arrangement
- 10 highest paid physician specialties — Neurosurgery is No. 1 at $600K+