medical devices

"A medical device maker is acquiring another manufacturer’s neuro product portfolio in an all-cash transaction. Stryker in Kalamazoo said today that it has signed a definitive agreement for all of the assets associated with Synergetics USA's neuro portfolio. (Grand Rapids Business Journal)

Stryker voluntarily conducted a worldwide recall of the products in 2012

Kalamazoo-based company stands to collect $70-million in estimated lost profits.