The spine and orthopedic medtech landscape was defined by a flurry of deals in the early weeks of 2025.
1. Stryker has entered a definitive agreement to acquire medical device company Inari Medical for approximately $4.9 billion. Inari was founded in 2011 and focuses on mechanical thrombectomy solutions for peripheral vascular diseases such as deep vein thrombosis and pulmonary embolism.
2. Private equity firm Montagu has entered into a definitive agreement to acquire orthopedic device manufacturer Tyber Medical. Along with the acquisition, Tyber has merged with manufacturers Intech and Resolve Surgical Technologies.
3. Stryker plans to sell its U.S. spinal implants business to investment firm Viscogliosi Brothers, who will create VB Spine.
4. Zimmer Biomet has entered into a definitive agreement to purchase Paragon 28, a medical device company focused exclusively on foot-and-ankle orthopedics.