Portage, Mich., USA, Aug. 31, 2026 (GLOBE NEWSWIRE) --

   -- Stryker has signed a definitive agreement to acquire ZuriMED, developer 
      of the FiberLocker System, a commercialized technology that provides a 
      novel approach for rotator cuff augmentation designed for increased 
      biomechanical strength. 
 
   -- The acquisition strengthens Stryker's shoulder portfolio, enhancing its 
      ability to support specialists across the continuum of care. 
 
   -- The FiberLocker System is a soft tissue augmentation technology designed 
      to reduce the occurrence of a key clinical failure mode in rotator cuff 
      repair, one of the fastest-growing segments in sports medicine. 

Stryker $(SYK)$, a global leader in medical technologies, announced it has signed a definitive agreement to acquire ZuriMED, a privately held company and developer of the FiberLocker(R) System. This commercialized technology provides a novel approach for rotator cuff augmentation with increased biomechanical strength to address a key clinical failure mode in rotator cuff repair.

Rotator cuff augmentation is one of the fastest-growing areas in sports medicine and represents a significant opportunity within shoulder care.(1) The acquisition will enhance Stryker's ability to support shoulder specialists across both sports medicine and arthroplasty, strengthening its portfolio in rotator cuff augmentation.

"ZuriMED has developed a differentiated technology that addresses an important clinical need within shoulder care," said Andy Pierce, Group President, MedSurg and Neurotechnology, Stryker. "We are excited about the opportunity to add the FiberLocker System to Stryker's portfolio. This acquisition reflects our continued commitment to advancing innovation and improving patient outcomes."

This transaction is subject to customary closing conditions. Stryker and ZuriMED will continue to operate as separate entities and proceed with business as usual until the transaction closes.

About Stryker

Stryker is a global leader in medical technologies and, together with our customers, we are driven to make healthcare better. We offer innovative products and services in MedSurg, Neurotechnology and Orthopaedics that help improve patient and healthcare outcomes. Alongside our customers around the world, we impact more than 150 million patients annually. More information is available at www.stryker.com.

Contacts

For investor inquiries:

Nick Mead

Vice President, Investor Relations

nick.mead@stryker.com

For media inquiries:

Kim Montagnino

Vice President, Chief Communications Officer

kim.montagnino@stryker.com

References

   1. Mordor Intelligence. Rotator Cuff Treatment Market Size and Share 
      Analysis -- Growth, Trends, and Forecasts (2026--2031). Mordor 
      Intelligence report.