Rumors Swirl Around Stryker Potentially Purchasing Boston Scientific
In the ongoing scramble for medical technology competitors to expand product portfolios in an effort to build stronger relationships with hospital customers, Stryker is rumored to be angling for the acquisition of Boston Scientific. Until we hear more confirmation of negotiation of price, we’re holding steady on our fair value estimates for both companies. However, based on the multiples that Abbott Labs paid for St. Jude Medical in 2017 (which we considered a fair price, even though St. Jude sh...Stryker is a medical technology company. The company provides products and services in orthopaedics, medical and surgical, and neurotechnology and spine. The company's Orthopaedics products consist of implants used in hip and knee joint replacements and trauma and extremities surgeries. The company's MedSurg products include surgical equipment and navigation systems, endoscopic and communications systems, patient handling, emergency medical equipment and intensive care disposable products, reprocessed and remanufactured medical devices and other medical device products used in a range of medical specialties. The company's Neurotechnology and Spine products include neurosurgical, neurovascular, and spinal implant devices.
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