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May 2, 2023
Stryker Completes Acquisition of Cerus Endovascular
May 2, 2023—Stryker announced that it has completed the acquisition of Cerus Endovascular Ltd., a privately held, commercial-stage, medical device company. Cerus Endovascular engaged in the design and development of neurointerventional devices for the treatment of intracranial aneurysms.
Cerus Endovascular’s CE Mark-approved devices—the Contour neurovascular system and the Neqstent coil-assisted flow diverter—will expand Stryker’s current portfolio of aneurysm treatment solutions.
Stryker noted that technology for the endovascular treatment of aneurysms has been foundational to the company’s neurovascular division, and Cerus Endovascular’s portfolio will address the growing need for one-and-done intrasaccular aneurysm therapy.
Jim Marucci, president of Stryker’s neurovascular division, commented in the press release, “The acquisition of Cerus Endovascular is highly complementary to Stryker’s neurovascular business, and strengthens our hemorrhagic portfolio globally. We look forward to working with the Cerus team to deliver on our mission of making healthcare better. Together, we will enable physicians to treat a broader range of aneurysms.”
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