Stryker doubles down on robotics with $500M spine imaging acquisition

Stryker dives deeper into spine imaging, robotics with $500M deal (FierceBiotech)
Stryker is snapping up CT scanner manufacturer Mobius Imaging—along with the latter’s sister company focused on spine surgery robotics—in a $500 million deal that bolsters its spine division’s capabilities in image-guided procedures.
With a cash down payment of about $370 million and up to $130 million in development and commercial milestones, Stryker described the acquisition as one that also aligns with its spinal implant and navigation offerings.
"This acquisition brings expertise in advanced imaging and ro...