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Stryker Buys Memometal For Broader Access To $1 Bil. Extremities Market

This article was originally published in The Gray Sheet

Executive Summary

Stryker will expand its presence in the orthopedic extremities market through its purchase of privately held French firm Memometal Technologies for $150 million up front, plus up to $12 million in milestone payments. The definitive agreement was announced June 6.

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