Stryker plans ‘very active’ M&A, ortho robot launches in 2H (MedTechDive)
After another record quarter of orthopedic robot installations, CEO Kevin Lobo hinted at a potential interest in soft tissue robots.
Q2 revenue: $5.42 billion = 8.5% increase year over year
Net income: $825 million = 11.8% increase year over year
Stryker set another record in the second quarter for installations of its Mako orthopedic robot, ahead of two planned launches of spine and shoulder features later this year.
“As you’ve seen, quarter after quarter, our Mako installations are very high. That le...