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Stryker acquires Pfizer's Howmedica unit for $1.65bn cash

Executive Summary

Stryker, the world's fifth largest orthopedic implant maker, will acquire Pfizer's Howmedica orthopedic device division for $1.9bn in cash, creating what analysts estimate will be a company with about 15% of the $10bn global orthopedics market.
Deal Industry
  • Biotechnology
  • Medical Devices
  • Medical Devices
    • Biomaterials
    • Implantable Devices
    • Surgical Equipment & Devices
Deal Status
  • Final
Deal Type
  • Acquisition
    • Payment Includes Cash
    • Full Acquisition

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