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Stryker has formally acquired Inari Medical, taking a significant entry into the high-growth peripheral vascular market. Inari develops venous thromboembolism (VTE) treatments that dissolve clots without resorting to thrombolytic medications. This acquisition further consolidates Stryker’s hold in the interventional endovascular market and expands its Neurovascular portfolio.
A Strategic Expansion
Stryker’s CEO, Kevin Lobo, called the acquisition a milestone. “We are excited to welcome Inari’s talented team and work together to improve patient outcomes,” he said. By adding Inari’s innovative clot-removal devices, Stryker gains a foothold in a fast-growing medical sector.
Cutting-Edge Technology Joins Stryker’s Portfolio
Inari introduces two significant thrombectomy options to Stryker’s portfolio. The FlowTriever System is used for pulmonary embolism treatment, and the ClotTriever System is used for peripheral vessel clots. These advanced products augment Stryker’s current products, increasing its reach in vascular therapy.
Smooth Transition and Immediate Impact
Stryker completed the acquisition through a cash tender offer of $80.00 per share. By February 18, 2025, nearly 82% of Inari’s shares were validly tendered. The next day, Stryker finalised the merger, making Inari a wholly owned subsidiary. Inari’s shares stopped trading and were delisted from Nasdaq before the market opened on February 19.
What it Means for Healthcare
This acquisition increases Stryker’s capacity to provide life-saving treatment in a quickly expanding market. Blood clot patients now benefit from innovative, medication-free solutions through Stryker’s established name. The combination also strengthens Stryker’s focus on innovation and enhancing global patient care.
With this acquisition, Stryker continues its push to lead in medical technology. Integrating Inari’s expertise strengthens its position in vascular health and sets the stage for future advancements.
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