Receive our newsletter – data, insights and analysis delivered to you
  1. Market Data
April 14, 2016

M&A this week: Ossur, Stryker

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.

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.

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.

Related Companies

Content from our partners
Precision wire: The future of bespoke medical treatment
Why this global life sciences COO believes relocation to Charleston, SC, was key to achieving next-level success
“This technique means everything to us”: How CGM devices empower users 

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The medical device industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU