Industry Update: Medical Devices

Industry Highlights

  • 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‚Äôs 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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