Globus Medical Acquires StelKast, Hip and Knee Device Company

Globus Medical (GMED) acquired substantially all of the assets of privately-owned StelKast, manufacturer of implants and instruments for hip and knee replacement. GMED paid USD $24.1MM in cash, with an additional potential $4.3MM in product sales milestones. A robotic system for joint reconstruction applications is expected for commercial...

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Julie Vetalice is ORTHOWORLD's Editorial Assistant. She has covered the orthopedic industry for over 20 years, having joined the company in 1999.

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