Displaying items by tag: Stryker Corp

KALAMAZOO — Stryker Corp.’s sales declined sharply in the second quarter, as restrictions in the U.S. and globally during COVID-19 pandemic caused delays and deferrals of medical procedures, leading to a rare quarterly loss.

Published in Health Care

GRAND RAPIDS — New capital investments involving existing investors will bring two health care startups backed by Genesis Innovation Group LLC closer to the market.

Published in Finance

KALAMAZOO — Stryker Corp. recorded a modest sales increase in the first quarter, as the COVID-19 pandemic cut into demand from medical procedures that were delayed or postponed and as hospitals were unable to perform elective medical procedures.

Published in Health Care

As Michigan manufacturers shift course to join the growing “arsenal of health,” federal regulators have responded to the COVID-19 outbreak by reducing potential liability that typically comes with making medical supplies.

Published in Manufacturing
Sunday, 12 April 2020 10:14

MiBiz Growth Report: April 12, 2020

This is the MiBiz growth report for April 12, 2020.

Published in Economic Development

KALAMAZOO — Medical device maker Stryker Corp. expects the growing push to defer elective surgeries as health care organizations deal with a rush of COVID-19 patients to have “a significant negative impact” on its operations and financial performance. 

Published in Health Care

A tooling engineer from Grand Rapids-based Tier-1 supplier ADAC Automotive was traveling in the Wuhan area of China when the Coronavirus public health crisis broke in late January. 

Published in Manufacturing
Wednesday, 29 January 2020 09:43

Stryker reports higher sales for fourth quarter

KALAMAZOO — Stryker Corp. grew earnings nearly 9 percent in the fourth quarter, providing what Chairman and CEO Kevin Lobo called an “excellent finish” to the year.

Published in Health Care

The stoppage of medical device sterilization at a Grand Rapids facility by the end of the year is adding to local and national concerns about the availability of critical health care equipment.

Published in Manufacturing
Saturday, 09 November 2019 08:29

Growth Report: Nov. 9, 2019

Here is the growth report for November 9, 2019.

Published in Economic Development
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