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Spinal Tech

Stryker is selling its U.S. spinal implant business to investment firm Viscogliosi Brothers, a move that is expected to help the company "better align" its resources, CEO Kevin Lobo said in a Jan. 28 earnings call.

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Stryker's CFO Glenn Boehnlein is retiring, and Preston Wells will succeed him as vice president and CFO, according to a Jan. 28 news release.

Stryker's net sales grew to $6.4 billion in the fourth quarter of 2024, and full-year revenue increased, according to financial results posted Jan. 28.

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