Stryker (SYK) agrees to acquire privately-held Israeli firm Surpass Medical for $100M and up to...

|About: Stryker Corporation (SYK)|By:, SA News Editor

Stryker (SYK) agrees to acquire privately-held Israeli firm Surpass Medical for $100M and up to an additional $35M in milestone payments. Surpass develops stent technology that uses a mesh design and delivery system to redirect blood flow away a brain aneurysm and allows a stable clot to form. (PR)