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Stryker's (SYK) Acquisition of Artelon Set to Expand Its Market
SYKStryker(SYK) ZACKS·2024-06-04 17:40

Stryker Corporation (SYK) recently announced that it has entered into a definitive agreement to acquire Artelon, a privately held company specializing in innovative soft tissue fixation products for foot and ankle and sports medicine procedures. The acquisition will bolster Stryker's product line in the soft tissue fixation market and demonstrate the company's dedication to offering unique ligament and tendon reconstruction options. Price Performance For the past six months, SYK shares have rallied 17.4% co ...