Stryker Corp to buy medical imaging group NOVADAQ Technologies for US$701mln
Medical devices giant Stryker Corp (NYSE:SYK) is splashing US$701mln on NOVADAQ Technologies (NASDAQ:NVDQ), a medical imaging company.
Stryker has agreed to pay US$11.75 a share, which is almost double Friday’s closing price for stock, which was US$6.
“This transformative transaction recognizes the exceptional value we have built,” said Rick Mangat, chief executive of NOVADAQ.
“Moreover, we believe it creates a strong opportunity for NOVADAQ, its customers, partners, shareholders and employees.”
NOVADAQ’s has developed the SPY fluorescence imaging technology.
It allows doctors to personalize therapy and achieve the best results through the precise visualization of blood flow in vessels, micro-vessels, tissue and various other parts of the body during treatment.
Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/news/179463/stryker-corp-to-buy-medical-imaging-group-novadaq-technologies-for-us701mln-179463.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).