Stryker Buys Amplitude Vascular Systems For Upto $835 Mln To Expand Vascular Treatment Business
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Stryker Corporation has acquired Amplitude Vascular Systems for up to $835 million to enhance its vascular treatment business. Amplitude developed a hydraulic intravascular lithotripsy platform for treating calcified peripheral arterial disease. The acquisition is seen as a strategic move to expand Stryker's offerings, including the Pulse System, which may provide improved treatment options. Stryker's stock is currently trading at $313.76, up 0.17%.
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