Stryker Corp. will purchase Novadaq Technologies — a Canadian imaging technology manufacturer — for $701 million.
Here are three things to know.
- Novadaq's fluorescent imaging technology allows surgeons to see blood flow in vessels and tissue during various surgical procedures.
- The deal expands Stryker's imaging portfolio into open and plastic reconstructive surgery, according to the report.
- Stryker expects to close the deal — still subject to regulatory approval in Canada — by the end of the third quarter.
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