Concentric is focused on developing and manufacturing minimally invasive products for treating acute ischemic stroke. Stryker announced its intention of acquiring Concentric Medical for $135 million in August and is expected to be neutral to Stryker’s 2011 earnings per share.
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Stryker Completes Acquisition of Concentric Medical
Stryker has completed its acquisition of medical device company Concentric medical, according to a Stryker news release.
