Industry Update: Medical Devices
VRC is proud to release its latest Industry Report. The report provides a concise, insightful update on the Medical Devices industry including recent transactions, market multiples, company performance and purchase price allocation percentages.
- On November 11, 2020, Stryker announced that it has completed the previously announced acquisition of Wright Medical Group N.V., a global medical device company focused on extremities and biologics. Wright Medical brings a highly complementary product portfolio and customer base to Stryker’s trauma and extremities business.
- On December 29, 2020, Teleflex completed its previously announced acquisition of hemostatic product maker Z-Medica. Teleflex will acquire the company with an upfront cash payment of $500 million at closing and up to an additional $25 million upon the achievement of certain commercial milestones.
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