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Synthes-Stratec buys Spine Solutions for $350mm

11 Feb 2003

Executive Summary

Synthes-Stratec (develops devices for orthopedic traumas) is acquiring Spine Solutions, a company specializing in spinal disc replacement systems, for $350mm. It pays $175mm up front, plus another $175mm in earnouts when Spine Solutions reaches certain goals pertaining to FDA approval of its cervical and lumbar disc systems.
Deal Industry
  • Medical Devices
  • Medical Devices
    • Implantable Devices
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Includes Earnout

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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