Press & News
2012
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2/1/12
Stryker Named to Chief Executive’s 40 Best Companies for Leaders 2012 List
On January 12, ChiefExecutive.net named Stryker #26 on its 40 Best Companies for Leaders 2012 list. Companies are scored on four key criteria, including 1. Having a formal leadership process in place; 2. The commitment level of the CEO to the leadership development program; 3. The percentage of senior management levels filled by internal candidates; and 4. The number of other companies that report recruiting from the company being evaluated.
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1/10/12
Medical Device Titans on Healthcare Reform
In this live interview from the J.P. Morgan Healthcare Conference in San Francisco, Chairman, President and CEO Steve MacMillan discusses how the Patient Protection and Affordable Care Act’s new 2.3 percent tax on medical device makers is impacting business.
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1/5/12
Boosting Engagement at Stryker
Gallup Management Journal published an article which highlights the change in culture at Stryker’s Orthopaedics division in Mahwah, NJ. Read how Sabine Krummel-Mihajlovic’s dedicated role improved the employee engagement level of Mahwah employees from 48% to 57% in less than a year.
2011
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12/2/11
Stryker Donates Products to Operation Walk USA 2011
The American Academy of Orthopaedic Surgeons (AAOS) announced that 58 orthopaedic surgeons will provide free hip and knee replacement surgery to more than 85 patients at 25 hospitals, in 16 different states, over a two-day span this December for Operation Walk USA 2011, an international effort that has improved the lives and mobility of more than 6,000 patients worldwide. Stryker is among the device manufacturers to donate the hip and knee implants.
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11/21/11
Stryker Endoscopy Partners with MedShare to Donate Surplus Medical Equipment to Developing Countries
MedShare is an Atlanta-based nonprofit that recovers medical supplies from hospitals and manufacturers and sends them to underserved healthcare facilities in developing countries. This partnership is part of Stryker’s corporate social responsibility initiative to provide life-enhancing products and work with healthcare providers in innovative ways that help them restore health to their patients and advance sustainable change to improve the quality of patient care.
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11/18/11
Communications Named a Top Place to Work
Stryker’s Communications business in Flower Mound, Texas, was named #26 on The Dallas Morning News’ list of the Top 100 Places to Work 2011 in the Dallas-Fort Worth area in the midsize company category.
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10/31/11
MedReps.com Names Stryker as one of the Best Places to Work in Healthcare Sales
MedReps.com named Stryker in the top three of The Best Places to Work in Healthcare Sales in 2011. In it’s first survey, MedReps.com cited Stryker as company job seekers would most like to work for. As an ideal employer, current Stryker employees confirmed that it is a great place to work—read the quotes.
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10/27/11
Business Review West Michigan Awards Stryker 2011 Deals of the Year Award
Business Review West Michigan recently presented Stryker with a “Deals of the Year” award in the “Mergers and Acquisitions” category for the acquisition of Boston Scientific’s Neurovascular division. Stryker was also honored as a finalist in the “Commercial Real Estate” category for the work on the lease of our new building on Romence Road in Portage, MI. Find out more about all of the finalists and awards. The award recognizes the most significant deals in the Western Michigan region in the past 12 months in a variety of categories.
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10/6/11
The Health of Stryker – Steve MacMillan Featured on CNBC
Chairman, President & CEO Steve MacMillan was recently interviewed by CNBC at the AdvaMed 2011 annual conference in Washington, D.C. He discussed the impact of the global economic environment on Stryker and the medical technology industry.
Stryker Sustainability Solutions Supports Practice Greenhealth’s ‘Greening the Supply Chain™’
Stryker Sustainability Solutions announced it is sponsoring Practice Greenhealth’s new Greening the Supply Chain™ Initiative. The Initiative engages businesses in meeting the emerging demand for more environmentally preferable purchasing (EPP) practices for products within healthcare facilities, GPOs and in the marketplace. “Stryker Sustainability Solutions is a strong partner because of their work to advance awareness of how supply chain efficiency is critical to achieving real change for the challenges facing healthcare,” said Bob Jarboe, executive vice president of Business Development, Practice Greenhealth.
Sustainability Solutions That Work: How to Achieve Optimal Reprocessing Results
In an article in Infection Control Today, Senior Director of Marketing & Public Affairs Lars Thording highlights solutions to help healthcare providers and suppliers reduce healthcare costs without compromising the delivery of care. He suggests that hospitals must devise and execute long-term, fully integrated sustainability proven solutions to address these challenges.
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10/5/11
Stryker Sustainability Solutions joins Environmentally Preferable Purchasing (EPP) Business Leadership Coalition
Practice Greenhealth has announced that ten business organizations have become the charter members of the EPP Business Leadership Coalition. Stryker Sustainability Solutions again takes leadership and joins the first coalition of Green Purchasing. "To create an efficient healthcare supply chain, key systemic changes are needed to help hospitals understand how to better manage financial and environmental resources," said Lars Thording, Stryker Sustainability Solutions' senior director of marketing and public affairs. The EPP Business Leadership Coalition is an integral part of Practice Greenhealth’s Greening the Supply Chain™ Initiative – a broad coalition uniting suppliers, group purchasing organizations, health care systems and hospitals seeking to expand on available resources and meet the growing demand for more EPP practices, products and services.
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9/26/11
Stryker Sustainability Solutions Reprocessing Program Savings Potential
Stryker Sustainability Solutions is referenced in this EP Lab Digest article, Sustainability Strategies at Piedmont Hospital: Ten Years of Reprocessing Success in the Electrophysiology(EP) Lab. In this article Piedmont Hospital shares the ten strategies that have contributed to Piedmont’s success and offers a roadmap for maximizing reprocessing programs. According to Stryker Sustainability Solutions, a new EP lab that begins a reprocessing program today can expect to save between $25,000 and $50,000 in its first year. After three years, potential annual savings can reach $150,000 or more in annual savings.
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9/13/11
Research and Development Projects for Orthopaedic and Spine Devices
Stryker recently announced a partnership with OrthoSensor to study the company's technology with the Triathlon Knee. The OrthoSensor Knee Trial is an intelligent trial that provides quantitative, intra-operative feedback to surgeons to optimize joint balance during total knee arthroplasty.
Red Tape Hurting Innovation
Chairman, President & CEO Stephen MacMillan was interviewed on Fox Business News and discusses heightening regulations in the U.S.
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9/2/11
Stryker Announces Definitive Agreement to Acquire Privately Held Concentric Medical
Stryker Corporation announced a definitive agreement to acquire privately held Concentric Medical, Inc., a manufacturer of minimally invasive products for the treatment of acute ischemic stroke (AIS).
Stryker Appoints Ramesh Subrahmanian to Group President, International
Stryker Corporation announced the appointment of Ramesh Subrahmanian, Group President International. Mr. Subrahmanian has over 23 years experience in the pharmaceutical industry, where he held a number of senior level leadership roles.
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8/30/11
China Team Launches Mobile Training Center
The Stryker team in China recently announced the launch of a Mobile Training Center (MTC), an innovative solution that will bring hands-on training, product demonstrations and after-sales service to healthcare professionals in small cities and remote locations throughout China.
ShapeMatch Cutting Technology Provides Advantages for Orthopaedic Surgeons
Elton Strauss, MD, an orthopaedic surgeon at Mount Sinai Medical Center, recently discussed his six points on patient-specific knee replacement using Stryker’s ShapeMatch Cutting Guides for use with the Triathlon Total Knee System, predicting that it will become an integral tool for orthopaedic surgeons in the future.
Stryker Co-Sponsors Hands on Orthopaedic Program for Young Women
The University of Delaware’s College of Engineering's outreach program recently hosted a program through which high school junior and senior young women spent a day learning about potential careers in bioengineering and orthopaedics. The event was sponsored in part by Stryker.
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8/26/11
Stryker Named a World’s Most Innovative Company
Stryker has been named to Forbes’s list of the world’s 100 Most Innovative Companies, debuting at number 95. This is the first year Forbes has published such a list, making our placement even more exciting.
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8/10/11
Coiling is an Excellent Treatment for Both Ruptured and Unruptured Aneurysms
Stryker’s Neurovascular division released the results of its Matrix and Platinum Science (MAPS) Trial during the Society of NeuroInterventional Surgery (SNIS) 8th Annual Meeting in Colorado Springs on July 27. The MAPS Trial establishes a new standard for the measurement of aneurysm treatment success, target aneurysm recurrence rate (TAR), and proves that coiling is an excellent treatment for both ruptured and unruptured aneurysms.
AAOS Wins 2011 Take Pride in America Award
In a special ceremony at the White House, representatives from the American Academy of Orthopaedic Surgeons (AAOS) accepted the U.S. Department of the Interior’s prestigious National Volunteer Award — Non-Profit Organization in the 2011 Take Pride in America Awards.
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8/3/11
Steve MacMillan Featured on Fox Business News
Stryker Chairman, President and CEO Steve MacMillan was recently featured on Fox Business News to discuss the company’s growth and advances in healthcare technology in a difficult economic climate.
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7/8/11
Stryker Announces Exclusive Collaboration with Regen Lab
Stryker has entered into an exclusive collaboration with Regen Lab SA to distribute Stryker’s RegenKit-THT, a one-step system designed for the safe and rapid preparation of autologous platelet-rich plasma (A-PRP) from a small sample of blood at the patient’s point of care.
Stryker Expands Interventional Spine Agreement with Novation
Stryker has expanded its contracted product offering with Novation, the healthcare industry’s leading supply contracting company, by adding the new iVAS (inflatable vertebral augmentation system) product line to its national agreement.
Stryker Launches Versitomic G-Lok™
Stryker announced at the 2011 American Orthopaedic Society for Sports Medicine that its new G-Lok implant has joined its comprehensive VersiTomic portfolio for ACL/PCL reconstruction.
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6/16/11
Connexall incorporates Stryker technology to create Patient Environment of the Future
To address patient safety risks, Connexall has utilized Stryker's open architecture to deliver wireless smart bed technology that helps hospitals minimize the risks of patient falls.
Endoscopy selected as the #1 Top Workplace for Large Companies in the Bay Area
Our Endoscopy division was selected the #1 Top Workplace for Large Companies in the Bay Area by a recent survey conducted by the San Jose Mercury News.
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6/6/11
AdvaMed Unveils Competitiveness Agenda at Stryker’s Medical Division in Portage, Michigan
The Advanced Medical Technology Association released a set of policy recommendations that it hopes will preserve America's position as a leader in medical technology innovation, which it said is threatened by overseas competition and an insufficient regulatory system. Click here to watch a video about the event.
Fred Funk Qualifies for the U.S. Open
Orthopaedics spokesperson Fred Funk, a recipient of a Stryker knee replacement, recently qualified for the U.S. Open.
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6/2/11
Stryker Appoints Kevin Lobo to Group President, Orthopaedics
Stryker announced the appointment of Kevin Lobo to the role of Group President, Orthopaedics, effective June 13, 2011.
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5/26/11
Stryker Receives FDA 510(K) Clearance for Shapematch® Cutting Guides
Stryker Orthopaedics received FDA 510(k) Clearance for its ShapeMatch Cutting Guides for use with the Company's Triathlon Total Knee System.
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5/23/11
Orthopaedic industry struggles won't defeat Stryker, CEO says
Stryker CEO Steve MacMillan recently highlighted the company’s resiliency in the face of a struggling orthopaedic industry.
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5/19/11
EndoSheath Cystoscopy Technology Products Introduced by Stryker at Urology Conference
Stryker unveiled the new IDEAL EYES HD Flexible Cystoscopy series at the 106th Annual American Urological Association (AUA) Meeting in Washington D.C. last week.
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5/16/11
Stryker to Acquire Orthovita, Inc.
Stryker announced a definitive agreement to acquire Orthovita, Inc., a global developer and manufacturer of orthobiologics and biosurgery products.
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5/13/11
Stryker’s Rising Star: Kana Odawara
Kana Odawara, CFO of Stryker's Japan division, was named a Rising Star this year by the Healthcare Businesswomen’s Association (HBA).
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5/10/11
Instruments Wins Design Excellence Award for The Mill
Our Instruments division, along with M3 Design, has been awarded the 2011 Medical Design Excellence Award for The Mill.
Stryker Moves Up 10 Spots in the 2011 FORTUNE 500 Rankings
Stryker is now #323 on FORTUNE magazine’s list of top 500 U.S. companies in terms of revenue.
Johnny Bench Visits Orthopaedic Patients
Orthopaedics spokesman and one of baseball’s all-time greatest catchers, Johnny Bench recently visited patients with joint replacements and discussed how they can lead pain-free, active lives again.
Instruments’ Second Annual “Patient, Clinician & You” Gathering Gives Patients a Name and Face
350 Instruments employees recently heard a firsthand testimony from a patient whose life was positively affected by our technology.
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5/5/11
Stryker Ranks on Forbes Global Leading Companies List
Stryker was named #606 on the Forbes’ Global 2000 Leading Companies list.
Younger Patient Benefits from Stryker Hip
Dr. Erik Peterson of Avera McKennan Hospital in Sioux Falls, South Dakota used Stryker’s Dual Mobility Total Hip Replacement for the first time on 27-year old Andrew Hoyem in a recent surgery. Hoyem has a condition called osteonecrosis which caused him to need hip replacements at an early age.
Healthcare Needs Rational Debate
Chairman, President & CEO Stephen MacMillan was interviewed on Fox Business News Bulls & Bears and discusses what he would like to hear from President Obama's healthcare reform summit.
5/3/11
Stryker’s Endoscopy Division #9 Best Places to Work in the Bay Area
Stryker’s Endoscopy division ranked in 9th place out of 125 companies in Best Places to Work in the Bay Area 2011 as recognized by The San Francisco Business Times and the Silicon Valley/San Jose Business Journal.
4/29/11
Stryker Receives High Marks in Hip & Knee Innovation
MassDevice reports that the MedPanel Innovation Pulse, a survey of orthopaedic surgeons, shows high marks for Stryker in the hip and knee market innovation.
4/26/11
Local University Students Win Stryker Challenge
Western Michigan University News reports that a team of four Western Michigan University students in electrical and mechanical engineering won the Stryker Challenge, a seven-hour competitive event held in March.
Four Capital Health Hospitals to Start Using Ascent
TheChronicleHerald.ca reports that four hospitals under Capital Health’s purview have recently launched a program with Stryker’s Ascent division.
4/21/11
GHX Names Stryker Supplier of the Year
Global Healthcare Exchange (GHX) recently awarded Stryker the GHXcellence Award for U.S. Healthcare Supplier of the Year for leveraging the power of our supply chains to cut costs, reduce waste and improve business performance. GHX honored 10 healthcare provider and supplier organizations with the GHXcellence Awards.
4/19/11
Stryker’s Canada Division A Great Place To Work
Stryker’s Canada division has once again been named a Great Place to Work by the Great Place to Work Institute. Ranked # 39, Canada is among other great companies on this year’s list of Best Workplaces in Canada, including Starbucks and Microsoft.
4/8/11
Stryker #2 on Becker’s Orthopedic & Spine Review Report
Stryker ranked #2 out of 20 on the Becker’s Orthopedic & Spine Review Report for most profitable orthopaedic and spine device companies in 2010 by revenue and net sales.
4/6/11
Ascent Honored for Lowering the Environmental Footprint of Healthcare
Stryker’s Ascent division has been honored with a Champion for Change Award by Practice Greenhealth. Reserved for a select group of leaders in healthcare sustainability, the award recognizes companies that not only help their customers improve their environmental performance, but also demonstrate significant achievement in ‘greening’ their own organizations.
4/5/11
Michael Graves Praises Stryker
Michael Graves, a designer for Stryker Medical's division, praises Stryker in a recent interview with the New York Times.
4/1/11
Healthy Hospital Award
Ascent: A Stryker Sustainability Solution has given Sharon Regional Health System the Healthy Hospital Award. The "healthy hospital" designation is reserved for hospitals that demonstrate outstanding efforts to reduce their environmental footprint on health care delivery.
3/28/11
Kalamazoo Chamber of Commerce Honors Stryker with Quality Award
Stryker was awarded The Bronson Quality Award by the Kalamazoo Chamber of Commerce in Kalamazoo, Michigan. The award is presented to businesses or organizations in the Kalamazoo area that are striving for excellence.
"One-Stop-Shop" Orthopaedics Program Launches in Hong Kong
The Homer Stryker Center program at the Chinese University of Hong Kong officially launched, providing the latest surgical techniques, technology, clinical practice information and the first "one-stop-shop" orthopaedic training centre in Asia Pacific.
3/24/2011
New Online Tool Allows Hospitals to Identify Cost Savings Potential of Reprocessing
Ascent, a division of Stryker, continues its commitment to supporting quality healthcare delivery with the introduction of a new tool that calculates the financial and environmental impact of reprocessing.
3/18/2011
The 2010 Annual Review is Available Online
Stryker’s 2010 Annual Review may now be viewed online.
Stryker Named #3 on FORTUNE Magazine's Most Admired List
FORTUNE Magazine named Stryker # 3 on the "World's Most Admired" list for companies in the "Medical and Other Precision Equipment" industry.
3/11/2011
Metro Aviation Inc. to include the Stryker MX PRO Ambulance Cot
Helicopter completions specialist, Metro Aviation Inc., has announced the enhancement of their EC145 air medical interior to include the Stryker MX PRO ambulance cot.
Stryker in the UK named a Great Place to Work
Stryker was named a Sunday Times Best Company to Work For in the UK. Over 900 of the UK's most successful businesses entered the competition this year.
3/3/2011
Doctor Creates Guideline for Diagnosis of Periprosthetic Joint Infection
Stryker consultant Dr. Javad Parvizi summarizes his recommendations for diagnosing periprosthetic joint infections of the hip and knee.
2/25/11
Stryker in Germany is a Great Place to Work
Stryker in Freiburg was named one of the Best Places to Work in Germany by The Great Place to Work Institute.
Capsule Connects Smart Beds to EMRs
Capsule, the leading provider of medical device connectivity, now supports Stryker’s new wireless smart bed, connecting Electronic Medical Records (EMR) with patient data.
2/20/11
Stryker Health Screenings Featured on Local News
Kalamazoo, Michigan's WWMT recently reported on the benefits of onsite health screenings for both Stryker and U.S. employees.
2/17/11
Stryker to Feature Products at AAOS Meeting in February
Stryker's Endoscopy Division plans to exhibit its latest innovations in tissue-preserving hip arthroscopy at the 2011 Annual American Academy of Orthopaedic Surgeons meeting in San Diego, CA, February 15-19, 2011.
Stryker Launches First iPad Apps for Surgeons
Stryker's Orthopaedics division launched its first iPadTM applications for surgeons, available through Apple’s App StoreSM to help them enhance the patient education process and provide easy access to information about products and surgical techniques.
2/16/11
Stryker Implants Have Lowest Revision Rates
Stryker's Orthopaedics division announced the findings of the National Joint Registry for England and Wales, which reports that Stryker’s Trident Cup, Accolade Hip Stem and Triathlon Knee System outperformed all competitive products in terms of revision rates for the most frequently used brands.
2/15/11
PGA Icon Fred Funk Becomes Spokesperson for Orthopaedics
Fred Funk, a 20 year veteran of professional golf, is now a spokesperson for Orthopaedics. A recipient of a Stryker Triathlon knee, Funk is the first player to win a PGA Tour-sanctioned event after total knee replacement surgery.
Ambulance Service Spends £1m to Cater to Obese Patients
The South Central Ambulance Service recently spent more than £1m on equipment that caters to obese patients, including Stryker chairs and stretchers that hold patients as heavy as 36-50 stone (about 500-700 pounds).
Stryker Teams with SOMOS for Trauma Care Toolbox
The Society of Military Orthopaedic Surgeons (SOMOS), in collaboration with Stryker and DT MedSurg, is launching a new Orthopaedic Disaster Preparedness and Trauma Care Toolbox to provide basic educational tools for the orthopaedic community.
2/11/11
FDA Clears MDM X3 for Market
Stryker’s Orthopaedics Division announced it received U.S. Food and Drug Administration 510(k) clearance for its MDM X3 Modular Dual Mobility Mobile Bearing Hip System. MDM X3 is an addition to the company’s portfolio of next-generation technologies designed to minimize the risks traditionally associated with hip replacement surgery and address a broader patient population, including both primary and revision total hip arthroplasty candidates.
1/31/11
Stryker Consultant Praises Triathlon Knee Results
Dr. Kenneth Greene, a consultant to Orthopaedics, recently discussed a multi-center study in which our Triathlon knee was shown to increase the maximum bend of post-op patients by an average of 28 degrees.
Steve MacMillan Appears on CNBC
Steve MacMillan appeared on CNBC to discuss President Obama's State of the Union address and the effect "Obamacare" will have on the medical technology industry.
1/21/11
Stryker Consultant Featured on Orthopaedics Panel
Stryker consultant Thomas P. Schmalzried, MD was featured in a panel discussion at Orthopedics Today Hawaii 2011.
Stryker Products Featured in One-Stop Surgery Center
The new Baptist-Beaches Surgery Center, a one-stop shop for outpatient surgeries, testing, recovery and physical therapy, has featured Stryker technologies in each operating room.
1/14/11
Bombay Hospital Performs 100 Knee Replacements with Stryker ASM
Bombay Hospital in Mumbai has performed 100 total knee replacement (TKR) surgeries using Stryker's OrthoMap Articular Surface Mounted (ASM) Knee Navigation System.
1/7/11
Stryker Mobile Bearing Hip Now Offered in Southwest Florida
Dr. Peter J. Curcione is the first surgeon in Southwest Florida to offer Stryker’s Mobile Bearing Hip to his patients. The new implant technology allows Dr. Curcione to use a less invasive approach, reducing scarring and minimizing a risk of muscle damage.