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:7/30/2014)... (PRWEB) July 30, 2014 A ... Attorney General’s Office against the maker of the ... that Fresenius Medical Care defrauded the state, its ... products, called dialysates, before they were recalled in ... related to these products pending in the U.S. ...
(Date:7/30/2014)... HealthDay Reporter TUESDAY, July 29, 2014 ... vital to good health and a long life, but only ... fruits and vegetables each day, additional daily servings don,t appear ... human body may only be able to effectively process a ... ability to absorb important nutrients from extra helpings, said the ...
(Date:7/30/2014)... 30, 2014 Loffler Companies, the leading ... is pleased to announce new production printing machines from ... print faster, smarter and better. , With blazing 100 ... bizhub PRESS C1100 color press raises the bar in ... saves time and labor costs with simple operation and ...
(Date:7/30/2014)... 30, 2014 We know pregnancy cravings don’t ... butter and ice cream—but the latest episode of the Telly ... just posted online, has a recipe that is delicious, satisfying ... Beard Award-winning chef serves up an easy recipe that supports ... executive chef at Rasika, which was named one of the ...
(Date:7/30/2014)... 2014 As a leading outpatient surgery ... boasts over 50 of the best physicians across ... Peer Health Systems’ team are Dr. Benjamin Basseri and ... Basseri , Benjamin Basseri, MD, is a board-certified gastroenterologist. ... UCLA, followed by a fellowship in Gastroenterology at UCLA ...
Breaking Medicine News(10 mins):Health News:Louisiana Attorney General Files Complaint Against GranuFlo Manufacturer, Baron and Budd Reports 2Health News:Louisiana Attorney General Files Complaint Against GranuFlo Manufacturer, Baron and Budd Reports 3Health News:Fruits, Veggies May Have Their Limits in Boosting Lifespan 2Health News:Fruits, Veggies May Have Their Limits in Boosting Lifespan 3Health News:Loffler Companies Introduces New Konica Minolta bizhub PRESS C1085/C1100 and Canon imagePRESS C800/C700 Devices 2Health News:Loffler Companies Introduces New Konica Minolta bizhub PRESS C1085/C1100 and Canon imagePRESS C800/C700 Devices 3Health News:What to Eat When You’re Expecting 2Health News:La Peer Welcomes Two New Gastroenterologists 2Health News:La Peer Welcomes Two New Gastroenterologists 3
... -- About one-fourth of all black men and women carry ... artery disease, new research reveals. The mutation is found ... higher risk for heart disease among other races, the ... and women who carry this single variation, the risk for ...
... College of Medicine and Dentistry (PCMD), University of Exeter, is ... form a 6m research and analysis network, funded by the ... the possible role of virus infection in the cause of ... lead to the development of a vaccine to prevent diabetes ...
... Injury Research and Policy of The Research Institute at ... adolescents 6 to 18 years old and found that ... departments from 1994 through 2007, for an average of ... study period, the annual number of running-related injuries increased ...
... , THURSDAY, Jan. 27 (HealthDay News) -- Work-related ... has found. Israeli researchers gave hearing tests to 298 ... harmful noise and found that 99 of the workers had ... hearing problems tended to be older and to have been ...
... Illinois study provides convincing evidence that the way you ... that teaming broccoli with broccoli sprouts may make the ... prepared correctly, is an extremely potent cancer-fighting agentthree to ... effect. To get broccoli,s benefits, though, the enzyme myrosinase ...
... of psychological resources, such as commitment and a sense of ... lead to loss of resources and other negative affects. This ... of Haifa. "Mass media plays a central role in reporting ... watching this type of coverage on television has negative effects, ...
Cached Medicine News:Health News:Gene Mutation May Protect Blacks From Heart Disease 2Health News:6 million euros for European Diabetes Research Network 2Health News:Sprouts? Supplements? Team them up to boost broccoli's cancer-fighting power 2Health News:Watching TV coverage of terror makes viewers feel threatened 2
(Date:7/30/2014)... 30, 2014 Silicon Valley Bank, the bank ... today that examines the merger, acquisition and IPO ... According to the annual report based on 2013 data, ... since SVB started tracking the data in 2005. ... on solid healthcare M&A activity over the last few ...
(Date:7/30/2014)... and SAN DIEGO , July 30, ... ARNA ) announced today that an article based on ... lorcaserin entitled, "Early Weight Loss While on Lorcaserin, Diet, and ... recently published in the online issue of Obesity , ... objective of these analyses was to identify whether there is ...
(Date:7/30/2014)... and NEW YORK , ... ACCP), a developer of new products for oncology supportive ... MuGard ® , has been featured in an article ... Mucositis Symptoms in Head and Neck Cancers."  Dr. ... provides insight on the growing demand seen in the ...
Breaking Medicine Technology:Report: Biopharma and Medical Device Companies Beat Historic Investment Returns 2Report: Biopharma and Medical Device Companies Beat Historic Investment Returns 3Eisai and Arena Pharmaceuticals Announce Publication of Post-Hoc Analyses of Lorcaserin Phase 3 Clinical Trial Results in Obesity 2Eisai and Arena Pharmaceuticals Announce Publication of Post-Hoc Analyses of Lorcaserin Phase 3 Clinical Trial Results in Obesity 3Eisai and Arena Pharmaceuticals Announce Publication of Post-Hoc Analyses of Lorcaserin Phase 3 Clinical Trial Results in Obesity 4Eisai and Arena Pharmaceuticals Announce Publication of Post-Hoc Analyses of Lorcaserin Phase 3 Clinical Trial Results in Obesity 5Eisai and Arena Pharmaceuticals Announce Publication of Post-Hoc Analyses of Lorcaserin Phase 3 Clinical Trial Results in Obesity 6Eisai and Arena Pharmaceuticals Announce Publication of Post-Hoc Analyses of Lorcaserin Phase 3 Clinical Trial Results in Obesity 7Access Pharmaceuticals Featured On OncLive.com 2Access Pharmaceuticals Featured On OncLive.com 3
Bio-Rad's ScanGel® cards for ABO reverse grouping, antibody screening and crossmatching include - ScanGel Neutral, ScanGel Coombs, Anti-IgG, -C3d (AHG), ScanGel Coombs + Neutral, ScanGel Anti-Ig...
... The Criterion Dodeca cell, a component of ... run up to 12 Criterion gels in a ... (13.3 x 8.7 cm) than the traditional mini ... strips to give you the optimal combination of ...
... Plus Dodeca cell accommodates up to 12 ... first-dimension runs in the PROTEAN IEF system, ... format. The PROTEAN Plus Dodeca cell's cooling ... electrodes, allow consistent, high-resolution results. The handcasting ...
... The ElectroXpress gel electrophoresis system mirrors a ... high-throughput screening of PCR products to take ... the source (96-well) plate. Loading can be carried ... the first time in the industry two ...
Medicine Products: