Stryker makes 1st acquisition of 2021: 4 details

Stryker on Jan. 5 acquired OrthoSensor, a digital orthopedic technology company focused on total joint replacements.

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Four details:

1. OrthoSensor’s technology includes the Verasense intraoperative sensor for knee braces, which has paired with the Stryker Triathlon knee system since 2011.

2. The acquisition complements Stryker’s Mako SmartRobotics technology to enhance the robotic workflow through a single data-driven feedback mechanism.

3. OrthoSensor’s MotionSense remote patient-monitoring wearables and mobile application will combine with Stryker’s cloud-based data platform, OrthloLogIQ, to grow its data analytics capabilities.

4. Terms of the acquisition were not disclosed.

More articles on orthopedic devices:
Smith+Nephew acquires orthopedics business for $240M
ChoiceSpine device surpasses 3K implantations
Zimmer Biomet in 2020 — 7 key notes

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