Colfax Corporation’s subsidiary DJO, a maker of devices for musculoskeletal health, joint reconstruction, vascular health, and pain management, has acquired Stryker’s STAR® Ankle and Finger Arthroplasty Systems. The STAR® system is used to replace an arthritic ankle joint due to osteoarthritis, post-traumatic arthritis or rheumatoid arthritis. Ankle replacements in the U.S. more than doubled in 2019 as implants have emerged as the standard of care over fusion surgery in many cases. DJO also adds a Silicone, Surface Replacement (SR) and TACTYS finger joint arthroplasty portfolio to its offerings. Terms not announced.
Keywords: Healthcare Investment Banking, Healthcare M&A, Healthcare Mergers, Medical Devices, Joint Replacement