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Stryker Increases Expected 2010 Results and Provides 2011 Outlook
Date:1/10/2011

y completed the acquisition of the assets of the Neurovascular division of Boston Scientific Corporation and will incur certain acquisition and integration-related charges.   (b)  In 2010 the Company sold its Orthopaedics Implants manufacturing facility based in Caen, France.   (c)  In 2010 and 2009 the Company recorded income tax expense adjustments associated with the repatriation of foreign earnings in 2009.   (d)  In 2010 the Company announced a definitive agreement to sell its OP-1 product family for use in orthopaedic bone applications and its manufacturing facility based in Lebanon, NH. As a result of the announcement, the Company will incur a one-time non cash charge to reflect the reduction of the carrying amount of the associated assets to their fair value.   (e)  In 2009 the Company initiated restructuring projects focused on streamlining operations, including the termination of certain third-party agent agreements at the Company's Europe Division and the discontinuation of certain products within its Orthopaedic Implants and MedSurg Equipment segments.   (f)  In 2009 the Company settled an outstanding patent infringement lawsuit pursuant to a confidential settlement agreement.  
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