Question · Q3 2025
Jenny Rabinowitz asked for details on the two smaller product acquisitions completed during the quarter, specifically about the products and markets, and if such smaller tuck-in acquisitions should be expected going forward.
Answer
Kevin Lobo (Chair and CEO, Stryker) confirmed that small tuck-in acquisitions are part of Stryker's strategy. He described the NP Seal product as a negative pressure wound treatment without capital equipment, fitting into the orthopaedic instrument sales reps' bag. The second acquisition, Advanced Medical Balloons, offers a fecal incontinence product for the Sage business, representing a new market for Stryker. He clarified that these are primarily about optimizing existing call points rather than a broader wound strategy.