Navigation Links
Stryker Completes Acquisition of Ascent Healthcare Solutions
Date:12/31/2009

KALAMAZOO, Mich., Dec. 31 /PRNewswire-FirstCall/ -- Stryker Corporation (NYSE: SYK) today announced the closing of its previously announced acquisition of Ascent Healthcare Solutions, the market leader in the reprocessing and remanufacturing of medical devices in the U.S.

"The acquisition of Ascent Healthcare Solutions will enhance our value proposition by offering our customers one of the most impactful programs in use at hospitals, allowing for significant costs savings to the healthcare system," said Stephen P. MacMillan, Stryker's Chief Executive Officer. "With Ascent as part of Stryker, we will also help divert thousands of pounds of medical waste from landfills while simultaneously redirecting substantial financial resources to patient care quality initiatives."

As indicated in the November 30, 2009 press release, Ascent will become a division of Stryker operating under the MedSurg group of businesses and will continue to be known as Ascent Healthcare Solutions. The transaction is expected to be neutral to Stryker's 2010 earnings per share and accretive thereafter.

About Stryker

Stryker Corporation is one of the world's leading medical technology companies with the most broadly based range of products in orthopaedics and a significant presence in other medical specialties. Stryker works with respected medical professionals to help people lead more active and more satisfying lives. The Company's products include implants used in joint replacement, trauma, craniomaxillofacial and spinal surgeries; biologics; surgical, neurologic, ear, nose & throat and interventional pain equipment; endoscopic, surgical navigation, communications and digital imaging systems; as well as patient handling and emergency medical equipment. For more information about Stryker, please visit www.stryker.com.

SOURCE Stryker Corporation

RELATED LINKS
http://www.stryker.com

'/>"/>

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

Related medicine technology :

1. Stryker Announces $750 Million Share Repurchase Program and Declares a $0.15 Per Share Quarterly Dividend
2. RoundTable Healthcare Partners Announces Sale of Ascent Healthcare Solutions to Stryker Corporation
3. Stryker Announces Agreements To Acquire Assets
4. Stryker Modifies Its Dividend Policy and Declares Transition Dividend
5. Stryker Announces Change in Chairman of the Board of Directors
6. Stryker Biotech and its Top Management Indicted for Illegal Promotion of Medical Devices Used in Invasive Surgeries
7. Stryker Operating Results for Quarter Ended September 30, 2009
8. Strykers Biotech Division Receives FDA Warning Letter
9. Smith & Nephew Completes Acquisition of the Assets of Nucryst Pharmaceuticals Corp.
10. ThromboGenics Completes Patient Enrolment of Second Phase III Trial of Microplasmin for the Non-Surgical Treatment of Eye Disease
11. PDL BioPharma Completes December 15 Special Dividend Payment
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/18/2017)... MIAMI , January 18, 2017 ... announced the company plans to publish an online ... the Company,s preliminary sales forecast for 2017. Management ... Company,s trialing ninety-day record sales performance from its ... recently announced entry into the Cannabis sector ...
(Date:1/18/2017)... Drug Administration CSL CureVac Daiichi Sankyo ... Administration FORT Fresenius Pharmaceuticals Gamma Vaccines ... GlaxoWellcome Global Influenza Programme Grippol ... Systems Indian Association of Paediatrics Janssen Pharmaceuticals ... Krka Pharmaceuticals Medicago Medicare MedImmune ...
(Date:1/17/2017)... Research and Markets has announced the addition of the ... their offering. ... The global artificial pancreas devices system market to grow at a ... Pancreas Devices System Market 2016-2020, has been prepared based on an ... the market landscape and its growth prospects over the coming years. ...
Breaking Medicine Technology:
(Date:1/17/2017)... Florida (PRWEB) , ... January 17, 2017 , ... Kevin ... Producers of AsSeenOnTV.pro will be featuring DRTV campaigns regarding the topic of Beauty and ... become a better version of themselves. What better way to commit to these changes ...
(Date:1/17/2017)... Clemente, CA (PRWEB) , ... January 17, 2017 ... ... Diego County, as well as Palm Desert, is opening a new office in ... Brainsway deep transcranial magnetic stimulation (dTMS) in Southern California, successfully treating individuals struggling ...
(Date:1/17/2017)... ... January 17, 2017 , ... Peoples Health is pleased ... network on Dec. 1, 2016. Peoples Health, a Metairie-based Medicare Advantage company, serves ... exciting addition to our provider network, and the addition will benefit our members ...
(Date:1/17/2017)... ... January 17, 2017 , ... ... with Sigfox in the U.S.A. to offer Internet of Things (IoT) ... offerings on large-scale environmental sensor deployments such as monitoring solutions used to detect ...
(Date:1/17/2017)... ... 2017 , ... SC&H Group, a leading audit, tax, and consulting firm, announced ... Advisory Services practice . Rossi is the third technology consulting leader to join SC&H ... grows, and the practice continues to expand.     , Bringing more than 25 years of ...
Breaking Medicine News(10 mins):