Title:

Stryker at Goldman Sachs Healthcare Conference Transcript

Price:$54.00
Publication Date:Jun 12, 2008
Source:Thomson StreetEvents
Company:Stryker
Report Type:Transcript
Abstract:Final Transcript of SYK presentation, 12-Jun-08 8:00am PT
Brief Excerpt:... - Stryker Corporation - CFO-- and again that business has thrived under orthopedic's leadership. We also, in the same vein, established a dedicated U.S. trauma business. Again the thought here was we were reasonably penetrated outside the U.S., actually have some markets where they're the number one trauma player, but needed to get the business really going in the U.S. Establishing additional focus and dedication there is something that truly we believe has paid off if you look at the growth rates for our U.S. trauma business I think everyone would agree that that certainly has been the case since we made that move. Similarly, we took a look at our endoscopy and instruments businesses and determined they were not growing as fast overseas and certainly we had much higher penetration rates in the U.S. Again we have had a focus on expanding them outside the U.S. We have divested our physical therapy business last year in the second quarter. We have also boosted our R&D spending. So that...
Word Count:6986
Length:13 Pages
Ticker:SYK
Time:8:00am PT
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