Back in 2016, Stryker acquired Stanmore Implants for $52M - read here
Onkos Surgical to acquire Stryker’s Juvenile Tumour System (MassDevice) Onkos Surgical announced today that it agreed to acquire the Juvenile Tumour System (JTS) from Stryker (NYSE:SYK). Parsippany, New Jersey–based Onkos entered into a definitive agreement with the orthopedic technology giant over the system designed to enable limb stabilization and growth in pediatric patients affected by bone cancers, severe arthropathy, severe trauma, revisions, oncology and malignant diseases.
The financial terms of the deal were not disclosed. Onkos, which specializes in solutions for musculoskeletal oncology and other complex orthopedic conditions, said in a news release that the JTS allows for the non-invasive lengthening of the implant post-surgery over time in a clinical setting. The design of JTS eliminates the need for multiple lengthening surgeries, anesthesia or sedation, therefore helping to reduce the risk of complications and cost associated with limb reconstruction surgery. “This is a significant day for Onkos Surgical and the musculoskeletal oncology community,” Onkos co-founder and CEO ...
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