Stryker Strikes Again, Buys HyperBranch Medical Technology

Stryker is continuing its buying spree with the purchase of HyperBranch Medical Technology. The orthopedics giant announced it will pay $220m in an all-cash deal to buy the maker of Adherus, a hydrogel that helps dural repair.

Stryker Corp. is showing no signs of slowing down deal-making after announcing a new deal to acquire HyperBranch Medical Technology, Inc. for $220m cash.

HyperBranch is a privately-held developer of proprietary polymers and cross-linked hydrogels based medical devices. It’s AdherusAutoSpray product is one of only two FDA-approved dural sealants on the market.

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