There are 18 article(s) tagged medical device industry:

• March 2026

  • Company with two Memphis offices hit in suspected Iran-based cyberattack

    A medical technology company has been hit with a “global outage” cyberattack possibly initiated by Iranian hackers. 

    By Jody Callahan March 11, 2026

• June 2024

  • Stryker announces acquisition of Atlanta-based business

    Medical-device maker Stryker’s Arlington campus houses its foot and ankle business and consists of a manufacturing and distribution center and a biologics building where nonmetal products like bone grafts are made. 

    By Aisling Mäki June 06, 2024

• May 2023

  • Memphis’ health care and life science industry grows despite pandemic

    “When we say we have the highest concentration of Black talent in health care and life science, the companies we’re recruiting to Memphis sit up and pay attention,” said Gwyn Fisher, chief economic development officer of the Greater Memphis Chamber. 

    By Aisling Mäki May 30, 2023

  • Memphis startup gets grant for biodegradable contraceptive implant

    Hera Health Solutions, a local pharmaceutical device company, has won a Small Business Innovation Research grant from the National Science Foundation.

    By Aisling Mäki May 03, 2023

• February 2023

  • Ireland-based med tech firm selects Memphis for first U.S. location

    Over the past 13 years, PBC has grown from a small startup in Ireland to a company with offices in France and now Memphis, and partners in Germany, Sweden and Japan. 

    By Aisling Mäki February 10, 2023

• September 2022

  • Memphis medical device sector boasts nearly $4.1 billion impact

    A new report shows the Greater Memphis area’s medical device industry, which has a nearly $4.1 billion yearly impact on the local economy, added nearly 2,000 jobs and grew its economic output by $1.4 billion since 2015. 

    By Aisling Mäki September 20, 2022

• May 2022

  • Memphis-based medical device company acquired for $145 million

    In addition to the $145 million in cash at closing, the transaction includes up to $110 million in growth-based earnout payments over a four-year period.

    By Aisling Mäki May 07, 2022

• November 2021

  • Bioventus to invest $9.1 million, create 40 new jobs in Shelby County

    The facility at 7101 Goodlett Farms Parkway will become the medical device manufacturer’s second site in Cordova. 

    By Rob Moore November 20, 2021

• March 2021

  • Alphatec Spine receives incentive to open distribution and repair operation in Memphis

    The California-based medical device company plans to hire 95 employees and spend $3.5 million to open a distribution and repair operation in the city’s southeast industrial submarket.

    By Tom Bailey March 17, 2021

• November 2020

  • Stryker completes purchase of Wright Medical

    Wright Medical has about 700 employees in the Memphis area.

    By Wayne Risher November 12, 2020

  • Stryker expects Wright Medical deal to close this month

    Medical device maker Stryker Corp. last week reported strong third quarter earnings and momentum in the extremities and trauma business heading into 2021 after the planned addition of Wright Medical.

    By Wayne Risher November 04, 2020

• October 2020

  • Memphis lab keeps growing after merging into German company

    Not only has MLM Memphis – formerly CirQuest Labs – added employees and space since being purchased last summer, its founder anticipates the lab may triple in size within five years.

    By Tom Bailey October 28, 2020

• August 2020

  • Stryker extends Wright Medical bid 4th time

    Medical device maker Stryker has extended its $5.4 billion offer to buy Wright Medical for a fourth time, to Sept. 30.

    By Wayne Risher August 28, 2020

  • Bartlett medical-device maker to invest $13M, add 60 jobs

    Engineered Medical Systems has already more than doubled the size of its facility from 40,000 to 92,000 square feet.

    By Tom Bailey August 04, 2020

• June 2020

  • Stryker extends bid for Wright Medical again

    Stryker has extended for a third time its tender offer to buy Memphis-grown medical device maker Wright Medical. The new deadline is Aug. 31.

    By Wayne Risher June 30, 2020

• April 2020

  • Stryker extends offer for Wright Medical shares again

    Stryker Corp. extended a tender offer for shares of Wright Medical Group until June 30, after Wright shareholders cleared the way for the transaction during a meeting Friday, April 24.

    By Wayne Risher April 27, 2020

  • Stryker, Wright Medical closing in on deadline for $5.4B deal

    The clock is ticking on medical device maker Stryker's $30.75 a share offer to buy Memphis-grown Wright Medical and boost Stryker's position in the global orthopedic surgical products market.

    By Wayne Risher April 22, 2020

  • Ventilators among life-saving gear moving through Memphis area

    Medtronic's U.S. distribution network, which runs through Memphis, is moving ventilators made in Galway, Ireland, to hospitals battling coronavirus.

    By Wayne Risher April 14, 2020