A deal for Inari, which has a market value of nearly $3 billion, would bolster Stryker’s efforts to build out its offerings to treat a condition called venous thromboembolism
is in advanced talks to acquire Inari Medical, which makes devices that treat patients with venous diseases, people familiar with the matter told Reuters on Monday.
, where a blood clot forms in a vein, and other venous diseases. The potential deal comes amid a surge in demand for medical implant devices in recent years, as more people in the United States, particularly older adults, increasingly opt for surgical treatments that were previously deferred during the pandemic, leading to a boost in procedural volumes.
The company’s shares, which have been trading in New York since 2020, have lost roughly 21% of their value over the past year, outperforming a bigger decline in the S&P 500 Health Care Equipment index.
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