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Stryker Signs Definitive Agreement To Acquire Vertos Medical; No Terms Disclosed

Author: Benzinga Newsdesk | August 22, 2024 08:01am

Stryker (NYSE:SYK), a global leader in medical technologies, announced today a definitive agreement to acquire Vertos Medical Inc., a privately held company providing a minimally invasive solution for treating chronic lower back pain caused by lumbar spinal stenosis.

Lumbar spinal stenosis affects millions of people globally and is a leading cause of pain and disability. Patients today are seeking minimally invasive treatment options, valuing reduced recovery times and quicker returns to daily life. Vertos Medical's mild® procedure provides a solution for pain relief and may improve mobility1,2 without the need for major surgery.

Posted In: SYK

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