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Stryker completes sale of U.S. spinal implants business

1. Stryker sold its U.S. spinal implants business to Viscogliosi Brothers, LLC. 2. The sale enhances Stryker's strategic focus on innovation and long-term growth. 3. VB Spine has exclusive access to Mako Spine for spine procedures. 4. Stryker remains committed to other spine technologies and international markets. 5. This move positions Stryker for improved healthcare outcomes moving forward.

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Why Bullish?

The sale allows Stryker to refocus its investments and innovation efforts, similar to past strategic sales that have strengthened company positions.

How important is it?

The article highlights a significant operational change that may enhance Stryker's market competitiveness and profitability over time.

Why Long Term?

The strategic shift positions Stryker to capitalize on future growth opportunities in healthcare technologies, which may take time to translate into stock performance.

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April 01, 2025 16:05 ET  | Source: Stryker Corporation Portage, Michigan, April 01, 2025 (GLOBE NEWSWIRE) -- Stryker (NYSE: SYK), a global leader in medical technologies, announced today that it has completed the sale of its U.S. spinal implants business to Viscogliosi Brothers, LLC, as part of the newly formed company VB Spine, LLC. “The sale of our spinal implants business enhances our strategic focus, positioning us to meet evolving customer needs and invest where we see the greatest opportunity for innovation and long-term growth,” said Kevin Lobo, Chair and CEO, Stryker. “We remain committed to the spine space through our Interventional Spine, Neurotechnology and Enabling Technologies businesses, as well as our strategic partnership with VB Spine. We’re grateful to our Spine team members for their contributions and confident they’re well positioned for continued success.” VB Spine will have exclusive access to Mako Spine and Copilot for use with its implants in spine procedures. Certain international markets are expected to transfer to VB Spine at later dates, subject to the completion of all legal and regulatory requirements and required consultations with employees and/or employee representatives. About Stryker Stryker is a global leader in medical technologies and, together with our customers, we are driven to make healthcare better. We offer innovative products and services in MedSurg, Neurotechnology and Orthopaedics that help improve patient and healthcare outcomes. Alongside our customers around the world, we impact more than 150 million patients annually. More information is available at www.stryker.com. Contacts For investor inquiries:Jason Beach, Vice President, Finance and Investor Relations at 269-385-2600 or jason.beach@stryker.com For media inquiries: Kim Montagnino, Chief Communications Officer at 269-385-2600 or kim.montagnino@stryker.com 

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