The deal was closed Nov. 11, the release said. Stryker received regulatory approvals for the acquisition earlier in November.
“This acquisition enhances our global market position in trauma and extremities, providing significant opportunities to advance innovation and reach more patients,” Kevin Lobo, Stryker chair and CEO, said in the release. “We welcome the Wright Medical team to Stryker and look forward to growing the combined business by delivering solutions that improve patient outcomes.”
Read more details here.
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