Ossur hf has acquired Touch Bionics Limited for a sale consideration of $38.8m on a debt and cash free basis, from Archangel Informal Investment and Scottish Investment Bank and management.
"The acquisition enables Ossur to develop a complete bionic product portfolio."
The acquisition enables Ossur to develop a complete bionic product portfolio for its customers in the prosthetic industry and also to expand its position in lower and upper limb prosthetic industry.
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Stryker has acquired the Y-Wire guidewire and Tiger Jamshidi needle family from SafeWire to develop a risk free portfolio for minimally invasive spine surgery.
The acquisition enables Stryker to use the needles for designing surgery equipment which can reduce the risk of wire based equipments and the amount of fluoroscopy.
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