Stryker invests in 3D printing with help from GE Additive |

Stryker invests in 3D printing with help from GE Additive

Stryker inks 3D printing deal with GE Additive (MassDevice)

Stryker (NYSE:SYK) today said it inked a deal with GE Additive, the 3D printing arm of GE Healthcare (NYSE:GE), for the equipment to build out its additive design and manufacturing facilities.

Stryker, which has already bought 3D printing machines from Arcam and Concept Laser, said the new deal involves machines, materials and services it will buy from GE Additive, which spent $1.4 billion to acquire a 75% stake in both Arcam and Concept Laser.

“Working with GE Additive and leveraging their expertise is a very compelling proposition for Stryker,” global supply vice president John Haller said in prepared remarks. “We believe this collaboration will accelerate our additive manufacturing journey and support our mission to make healthcare better.”

“GE and Stryker share a similar vision and both of us understand the transformative power of additive design and manufacturing,” added GE Additive general manager Mohammad Ehteshami. “We regard Stryker as 1 of the most experienced practitioners of metal additive, with a range of commercialized medical products. We will continue to innovate with new additive products, materials, and technologies, which will support their growth.”

Stryker said it recently opened a 3D printing hub in Carrigtohill, Ireland, as part of the additive manufacturing program it began back in 2001.

 

FREE White Paper!
7 Disruptive Trends in Orthopedics
* No Spam - we will never share your details.