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Healthcare | Mergers & Acquisitions

Everest Biomedical Acquired by Stryker Corporation

  • TM Capital advised Everest Biomedical Instruments Co. Inc. in its sale to Stryker Corporation (NYSE:SYK), a world leader in the development, manufacture and marketing of orthopedic products and medical specialties
  • Everest developed a new generation of level of consciousness (“LOC”) anesthesia monitors based on electrical patterns of the brain
  • The Company’s SNAPII LOC monitor generates a proprietary LOC index derived from both high frequency and low frequency electroencephalography signals
  • The SNAPII™ Index has received FDA clearance and shows significant improvements over competitive technologies in the LOC monitoring market

has been acquired by

Everest Biomedical Acquired by Stryker Corporation

TM Capital advised Everest Biomedical Instruments Co Inc. in its sale to Stryker Corporation (NYSE:SYK), a world leader in the development, manufacture and marketing of orthopedic products and medical specialties

Details

For more information, contact our healthcare team at:

healthcare@tmcapital.com

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