Stryker signs definitive deal to acquire ZuriMED and FiberLocker
Stryker signed a definitive agreement to acquire ZuriMED, developer of the commercialized FiberLocker System for rotator cuff augmentation. The deal aims to strengthen its shoulder portfolio and remains subject to customary closing conditions.
SYK Stryker: Signs Definitive Agreement to Acquire ZuriMED ⠀ · Stryker signed a definitive agreement to acquire ZuriMED, developer of the commercialized FiberLocker System for rotator cuff augmentation. · The acquisition is expected to strengthen Stryker's shoulder portfolio across sports medicine and arthroplasty, targeting one of the fastest-growing areas in sports medicine. · FiberLocker is designed to increase biomechanical strength and address a key clinical failure mode in rotator cuff repair; the transaction remains subject to customary closing conditions.