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Well, Stryker just acquired one of my 12 Hot Startups on the list - OrthoSpace. I love these guys. A unique simple solution to a clinical problem of cuff tears rubbing against bones in the elderly without a big surgery. OrthoSpace had literally NO COMPETITION in the new treatment category that they created.
Read this to understand what OrthoSpace's technology does -
OrthoSpace’s resorbable InSpace Balloon reduces rotator cuff pain for patients
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Stryker pays up to $220m for OrthoSpace (MassDevice)
Stryker (NYSE:SYK) said today that it put $220 million on the table for OrthoSpace and its InSpace rotator cuff repair device.
Stryker said it paid $110...
