Navigation Links
Stryker Announces Definitive Agreement To Acquire Ascent Healthcare Solutions
Date:11/30/2009

KALAMAZOO, Mich., Nov. 30 /PRNewswire-FirstCall/ -- Stryker Corporation (NYSE: SYK) today announced a definitive agreement to acquire privately held Ascent Healthcare Solutions, Inc. the market leader in the reprocessing and remanufacturing of medical devices in the U.S.

Under the terms of the agreement, Stryker will acquire Ascent Healthcare Solutions for $525 million in an all cash transaction. The closing is conditioned on the expiration or termination of all applicable waiting periods pursuant to the Hart-Scott-Rodino Antitrust Improvements Act and other customary closing conditions. The board of directors of Stryker and the board of directors and shareholders of Ascent Healthcare Solutions have approved the transaction.

Ascent Healthcare Solutions was formed through the 2005 merger of Vanguard Medical Concepts and Alliance Medical Corporation, two leading players in the reprocessing and remanufacturing of medical devices. With two state of the art reprocessing facilities in Phoenix, Arizona and Lakeland, Florida, Ascent currently provides its services to 1,800 leading hospitals and numerous Group Purchasing Organizations throughout North America. Ascent's market leadership position has been driven by its broad product offering, which includes cardiovascular, orthopaedics, gastroenterology and general surgery devices that must comply with the U.S. Food and Drug Administration's 510(k) and Quality System Regulation (QSR) requirements. With over 900 team members, Ascent achieved sales in 2008 in excess of $100 million.

"The acquisition of Ascent Healthcare Solutions with its talented team will enhance our value proposition to hospitals and healthcare providers," said Stephen P. MacMillan, Stryker's Chief Executive Officer. "Conducted in accordance with FDA regulations, reprocessing and remanufacturing is o
'/>"/>

SOURCE Stryker Corporation
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine news :

1. Stryker To Host Conference Call on October 20, 2009
2. Stryker Announces Election of New Director
3. Stryker Operating Results for Quarter Ended June 30, 2009
4. Stryker to Host Conference Call on July 21, 2009
5. Stryker Announces Election of New Director
6. Stryker Operating Results for Quarter Ended March 31, 2009
7. Stryker to Provide Webcast and Telephone Access to Annual Shareholder Meeting
8. Stryker to Host Conference Call on April 20, 2009
9. Stryker to Host Analyst Meeting
10. Stryker Operating Results for Quarter Ended December 31, 2008
11. LegalView Developing Cranial Implant Information Portal Detailing the Recall of Stryker Cranial Implant Kits
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/22/2015)... LunaDress, with its top dressmaking technologies, has been ... business is showing its latest designs of wedding dresses and ... the company’s CEO, all the fresh new products are designed ... up to 80% off. All the clothes from LunaDress follow ...
(Date:1/22/2015)... Woodloch Pines, an all-inclusive family resort ... TripAdvisor as the number one best large hotel for families ... world for their annual Travelers’ Choice Awards. , TripAdvisor ... website is home to millions of unbiased and honest traveler ...
(Date:1/22/2015)... (PRWEB) January 22, 2015 Padre Murphy's and ... supporter of Pro Player Health Alliance (PPHA). The ... Murphy's in getting everyone, including NFL greats, treated for obstructive ... the leading groups supporting the cause in the valley. The ...
(Date:1/22/2015)... 2015 The Incredible Bulk is a revolutionary ... increase lean muscle by up to 30lbs in less than ... of HealthyandFitZone.com’s Stan Stevenson, prompting an investigative review. , “Our ... step-by-step, scientific diet formula that allows the body to pack ...
(Date:1/22/2015)... January 22, 2015 Blue Cross and Blue ... who exemplify what it means to “Live Fearless.” ... people to share their stories about how they or someone ... inspired others by living in the moment. By telling these ...
Breaking Medicine News(10 mins):Health News:LunaDress Shows The Latest Styles Of Wedding Dresses In 2015 2Health News:TripAdvisor Names Woodloch Pines Best Hotel for Families in America 2Health News:TripAdvisor Names Woodloch Pines Best Hotel for Families in America 3Health News:Padre Murphy's Holds NFL Retired Players Association Party Star Studded Event With Bud Light and Pro Player Health Alliance Sponsoring 2Health News:Padre Murphy's Holds NFL Retired Players Association Party Star Studded Event With Bud Light and Pro Player Health Alliance Sponsoring 3Health News:The Incredible Bulk: Review Examining Ben Pakulski’s Brand New Bulking Muscle Building Diet Program Released 2Health News:Blue Cross and Blue Shield of Minnesota to Showcase “Faces of Fearless” 2
... the ticking of the proverbial biological clock is not as loud ... of Pomp and Circumstance. At least, not right away. ... their mid-30s or beyond has grown tenfold over the past 30 ... subject of a new book titled, Ready: Why Women Are ...
... research teams found same gene raised chances of developing the ... that appears to play a key role in the development ... researchers. , UCLA scientists found that the gene -- contactin-associated ... involved with language and thought and that the presence of ...
... Los Angeles, Calif. January 10, 2008 - A ... in a pay-for-performance incentive program receive better care than ... was examined reimburses physicians based on the quality of ... correlation between quality of patient care and physician participation ...
... Public Health; Progress Needed,in Other Key Areas, SPRINGFIELD, ... three very low grades in tobacco control policies from,the ... which,highlighted significant progress in smoke free air and outlined ... cigarette tax and youth,access. Illinois received the following grades:, ...
... foundation, in preparation for release of technology enabling early detection of ... ... EMERYVILLE, Calif., Jan. 10 Tethys Bioscience today,announced that it has ... a multi-biomarker technology that provides,a more complete picture of an individual,s ...
... Cincinnati, OH (January 10, 2008) Studies published in ... of Medicine (NEJM) are providing clues into the treatment ... deadly lung disease that affects women in their childbearing ... and scientists estimate as many as 250,000 women may ...
Cached Medicine News:Health News:'Ready': UH prof. chronicles phenomenon of 'new later motherhood' 2Health News:'Ready': UH prof. chronicles phenomenon of 'new later motherhood' 3Health News:Gene Plays Role in Risk of Autism 2Health News:Gene Plays Role in Risk of Autism 3Health News:American Lung Association Report Gives Illinois Mixed Grades 2Health News:American Lung Association Report Gives Illinois Mixed Grades 3Health News:Tethys Bioscience Hits Key Milestones With Series C Funding, Opening of CLIA Laboratory 2Health News:Tethys Bioscience Hits Key Milestones With Series C Funding, Opening of CLIA Laboratory 3Health News:New research demonstrates potential diagnosis, treatment benefits 2Health News:New research demonstrates potential diagnosis, treatment benefits 3Health News:New research demonstrates potential diagnosis, treatment benefits 4
(Date:1/23/2015)... and Markets ( http://www.researchandmarkets.com/research/vzhr6h/video ) has announced the ... Size, Share, Growth, Trends and Forecast 2014 - 2020" ... the topic of fascination since the era of the cold ... the Soviet Russia. Earlier even a small glimpse of human ...
(Date:1/23/2015)... to Fight Chronic Disease (PFCD) released a public opinion poll of ... study analyzing the impact of increased cost sharing on patient adherence ... educate policy makers and the public on the costs of chronic ... the Iowa healthcare exchange could be improved ...
(Date:1/23/2015)... Pa. , Jan. 23, 2015  MedScope ( www.medscope.org ... been nominated for a 2015 Connected World ... Emergency Response System (mPERS), that can be used anywhere, ... technology partner.  In nominating MedScope, ...
Breaking Medicine Technology:Video Telemedicine Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 2Video Telemedicine Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 3New research shows Iowa health exchange would benefit from improvements 2New research shows Iowa health exchange would benefit from improvements 3MedScope Nominated by RacoWireless for Prestigious 2015 Connected World Magazine Connected World Award 2
... The Hgb Pro Professional Hemoglobin Testing ... and single-use test strips, used in measuring ... blood. The Hgb Pro provides the precision, ... require., ,The Hgb Pro Professional Hemoglobin Testing ...
... is a fully automated analyzer that requires ... time by the operator. The Variant II ... tubes. It reads the bar code, samples ... the specimen into the chromatographic station for ...
... The Advia 70 hematology system ... 5-part differential. Designed for speed ... analyzer combines cost-effectiveness with impressive ... suitable either on its own ...
AcT 5diff OV enables low-volume labs to advance to 5-part differential analysis at an affordable price. This analyzer delivers accurate test results and a user-friendly software interface in a compac...
Medicine Products: