Wright Medical Growth Downturn Continued in Lead Up to Stryker Deal

Wright Medical reported 3Q19 revenue of USD $212.4 million, +9.4% vs. 3Q18.

On November 4, 2019, Wright Medical announced that it had reached a definitive agreement to be purchased by Stryker with the deal expected to close in 2H20
The 3Q19 was the second consecutive quarter of growth deceleration for Wright Medical
The company...

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Mike Evers is a Senior Market Analyst and writer with over 15 years of experience in the medical industry, spanning cardiac rhythm management, ER coding and billing, and orthopedics. He joined ORTHOWORLD in 2018, where he provides market analysis and editorial coverage.

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