Stryker Blade Recall To Be Complete By September; OP-1 PMA Filed By FDA
This article was originally published in The Gray Sheet
Stryker Instruments anticipates retrieving within 30 days certain lots of Heavy Duty blades recalled because of a "slight potential" for package failure that could affect the sterility of the devices.
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Stryker's ability to successfully integrate Howmedica and return to historical earnings growth (20% annually the past two decades) by 2000 rests largely in the hands of three recently appointed Group Presidents - Ronald A. Elenbaas (Med-Surg), Edward "Ned" Lipes (Howmedica Osteonics U.S.) and Jack O'Mahony (Stryker International).
Completes acquisition of Pfizer's Howmedica orthopedic division for $1.65 bil. in cash, the firms report Dec. 4. The deal was first announced in August ("The Gray Sheet" Aug. 17, p. 3)
Keeping Track: Submissions Galore Start The New Year; US FDA Clears New Indications For Enhertu, Xalkori
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