Stryker finalizes $662M Entellus Medical acquisition: 4 highlights

Stryker completed its Entellus Medical acquisition, according to Zenopa.

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Here are four highlights:

 

1. As predicted, Stryker acquired the ENT company for $662 million.

 

2. Entellus Medical focuses on providing minimally invasive solutions for various ear, nose and throat conditions.

 

3. Entellus Medical has a range of products, including the XprESS multi-sinus dilation system and Latera absorbable nasal implant.

 

4. The acquisition is anticipated to dilute Stryker’s 2018 adjusted net earnings by $0.04 per share.

 

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