Here are five takeaways:
1. The VCF portfolio is comprised of minimally invasive systems used in vertebroplasty and vertebral augmentation procedures.
2. BD acquired these assets as a part of CareFusion’s portfolio in March 2015.
3. Stryker’s all-cash transaction is expected to be neutral to the company’s 2016 adjusted net earnings per diluted share and accretive thereafter.
4. Stryker also recently completed its acquisition of Physio-Control and it plans to acquire SafeWire to build upon the company’s minimally invasive spine product line.
5. Stryker’s most recent financial report shows that the company reported net earnings of $402 million in Q1 2016, up 79.5 percent from Q1 2015. It also reported net sales grew 4.9 percent to $2.5 billion from the first quarter of 2015.
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