NYSE:SYKMedical Equipment
Stryker’s Amplitude Deal Extends Peripheral Vascular Reach And Investor Debate
Stryker (NYSE:SYK) has agreed to acquire Amplitude Vascular Systems for up to $835 million.
The acquisition adds next-generation hydraulic intravascular lithotripsy technology to Stryker's peripheral vascular portfolio.
The move targets the treatment of peripheral arterial disease and expands Stryker's presence in vascular interventions.
Stryker enters this transaction with its shares at $317.75 and a mixed recent return profile. The stock is up 7.9% over the past week but down 7.4% over...