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Stryker has agreed to pay almost $2.8 billion in cash to Madison Dearborn Partners for Sage Products, aiming for growth of disposable products targeted at reducing “never events,” primarily in intensive care and medical-surgical hospital settings. Read More
The former owner of JC Medical Supply, a durable medical equipment supply company based in Long Beach, Calif., will serve four years and three months in prison, the Justice Department announced late last month. Read More