STOCK TITAN

Stryker launches Synchfix™ EVT, expanding options for flexible syndesmotic fixation

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Positive)
Tags

Stryker (NYSE:SYK) launched Synchfix EVT, a next‑generation flexible syndesmotic fixation device designed to simplify surgical deployment and support ankle stabilization for adults and adolescents. The all‑in‑one system integrates suture tensioning handles, enables one‑handed implant deployment, and uses a low‑profile titanium medial implant. Synchfix EVT is the first flexible ankle syndesmotic fixation device indicated for adolescents and earned a Red Dot Design Award. Stryker is showcasing the sterile, single‑use, knotless, flexible suture‑button system at the 2026 ACFAS Annual Meeting with demonstrations highlighting procedural efficiency.

Loading...
Loading translation...

Positive

  • First flexible syndesmotic fixation device indicated for adolescents
  • Integrated suture tensioning with one‑handed deployment instrumentation
  • Earned the Red Dot Design Award for product and instrumentation design

Negative

  • None.

News Market Reaction – SYK

-0.88%
1 alert
-0.88% News Effect

On the day this news was published, SYK declined 0.88%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

2025 net sales: $25.1B MedSurg & Neurotechnology sales: $15.6B Orthopaedics sales: $9.5B +5 more
8 metrics
2025 net sales $25.1B Full-year 2025 net sales from 10-K
MedSurg & Neurotechnology sales $15.6B 2025 segment net sales from 10-K
Orthopaedics sales $9.5B 2025 segment net sales from 10-K
2025 net earnings $3.25B 2025 full-year net earnings from 10-K
Diluted EPS $8.40 2025 diluted EPS from 10-K
R&D and engineering spend $1.62B 2025 research, development and engineering from 10-K
Cash and equivalents $4.10B Year-end 2025 cash position from 10-K
Total debt $15.9B Year-end 2025 total debt from 10-K

Market Reality Check

Price: $381.33 Vol: Volume 1,769,976 vs 2,237...
normal vol
$381.33 Last Close
Volume Volume 1,769,976 vs 2,237,403 20-day average (relative volume 0.79), indicating below-average trading activity ahead of this launch. normal
Technical Price $384.73 is trading above the 200-day MA at $374.74 and sits 4.97% below the 52-week high of $404.87, well above the 52-week low of $329.1608.

Peers on Argus

SYK gained 1.18% while key peers also showed gains (e.g., MDT +2.03%, ABT +2.53%...

SYK gained 1.18% while key peers also showed gains (e.g., MDT +2.03%, ABT +2.53%, EW +4.22%). However, the momentum scanner did not flag a coordinated sector move, suggesting this ankle-fixation launch is being viewed more as company-specific than part of a broad devices rotation.

Historical Context

5 past events · Latest: Feb 11 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Feb 11 Product launch Positive +0.7% Launch of T2 Alpha Humerus Nailing System to enhance fracture fixation workflow.
Feb 09 Product launch Positive -0.6% Introduction of Mako Handheld Robotics via limited release of Mako RPS for knees.
Feb 04 Dividend declaration Positive -0.0% Quarterly dividend of $0.88 per share, reflecting a 4.8% year-over-year increase.
Jan 29 Earnings & outlook Positive -1.0% Reported strong 2025 growth and issued 2026 organic sales and EPS guidance.
Jan 06 Asset divestiture Neutral +5.0% VB Spine acquired Stryker’s Cestas spine implant facility, transitioning operations and staff.
Pattern Detected

Recent SYK news, including strong earnings and product launches, produced mixed next-day reactions, with both positive and negative moves even on favorable updates.

Recent Company History

Over the past few months, Stryker has combined portfolio expansion with solid financial performance. On Jan 29, 2026 results showed strong 2025 growth and a constructive 2026 outlook, yet shares fell modestly. A Feb 4 dividend increase and multiple February product launches in orthopaedics and robotics saw small, mixed price moves, while the sale of the Cestas spine facility on Jan 6 coincided with a sharper +5.05% gain. Today’s Synchfix EVT launch continues the pattern of incremental product innovation supporting the broader growth story.

Market Pulse Summary

This announcement highlights Stryker’s continued expansion in foot and ankle solutions with Synchfix...
Analysis

This announcement highlights Stryker’s continued expansion in foot and ankle solutions with Synchfix EVT, a next-generation flexible syndesmotic fixation device and the first of its kind indicated for adolescents. It reinforces the company’s strategy of incremental innovation across trauma and extremities, following other recent product launches and strong 2025 financial results with net sales of $25.1B. Investors may watch how surgeon uptake, clinical feedback, and broader orthopaedic trends support growth relative to Stryker’s historical performance.

AI-generated analysis. Not financial advice.

Elevating care with Stryker's next generation device, Synchfix EVT, which will be featured at the 2026 American College of Foot and Ankle Surgeons (ACFAS) Annual Meeting

PORTAGE, Mich., Feb. 24, 2026 /PRNewswire/ -- Stryker (NYSE:SYK), a global leader in medical technologies, announced the launch of Synchfix™ EVT, its next-generation flexible syndesmotic fixation device designed to simplify surgical deployment while supporting ankle stabilization in patients with syndesmotic disruptions.

Commonly associated with sports trauma and ankle fractures, ankle syndesmotic injuries can significantly affect patient mobility and recovery. Synchfix EVT builds on the legacy Synchfix platform, incorporating design enhancements that reduce procedural complexity compared to the predicate device.

"Stryker is dedicated to helping foot and ankle surgeons treat their patients more efficiently while enhancing patient care and the overall healthcare experience," said Adam Jacobs, vice president and general manager of Stryker's Foot & Ankle business. "Synchfix EVT reflects our commitment to delivering next-generation solutions in soft tissue by designing technologies that help surgeons work more efficiently while keeping patient care and safety at the center."

Synchfix EVT features an all-in-one system that integrates suture tensioning handles within the implant instrumentation, along with a handle design for one-handed surgical implant deployment. The device is engineered to provide a seamless user experience with an ergonomic handle and a low-profile titanium medial implant.

Synchfix™ EVT is intended for soft tissue and bone fixation for ankle syndesmosis disruptions with or without ankle fractures and as an adjunct in connection with hardware for ankle fractures such as Weber B, Weber C and Maisonneuve in adult and adolescent patient populations. Notably, it is the first ankle syndesmotic flexible fixation device on the market indicated for use in adolescents, expanding treatment options for younger patients. The system has also been recognized with the prestigious Red Dot Design Award, honoring its innovative, all-in-one implant and instrumentation designed to simplify syndesmotic fixation and enhance surgical efficiency compared to the previous generation of the device.

"At Stryker, we're continually energized by our customers' commitment to their patients," said Jacobs. "Synchfix EVT demonstrates how listening to their needs helps shape meaningful design and procedural advancements."

Stryker is showcasing Synchfix EVT at the ACFAS meeting. The event will feature engaging demonstrations that will highlight how this sterile, single-use, knotless, and flexible, suture-button system is designed to stabilize syndesmotic ankle injuries.

About Stryker
Stryker is a global leader in medical technologies and, together with its customers, is driven to make healthcare better. The company offers innovative products and services in MedSurg, Neurotechnology and Orthopaedics that help improve patient and healthcare outcomes. Alongside its customers around the world, Stryker impacts more than 150 million patients annually. More information is available at www.stryker.com.

Media contact
Frank Mastrangelo
Director, Communications
Stryker Trauma & Extremities
frank.mastrangelo@stryker.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/stryker-launches-synchfix-evt-expanding-options-for-flexible-syndesmotic-fixation-302694946.html

SOURCE Stryker

FAQ

What is Synchfix EVT and how does it differ from earlier Synchfix devices (SYK)?

Synchfix EVT is a next‑generation flexible syndesmotic fixation device aimed at simplifying deployment and supporting ankle stabilization. According to Stryker, it builds on the Synchfix platform with integrated suture tensioning handles and a one‑handed ergonomic implant deployment system to reduce procedural complexity.

Is Synchfix EVT indicated for adolescent patients and what does that mean for SYK?

Yes — Synchfix EVT is indicated for adolescent and adult patients for syndesmotic disruptions with or without ankle fractures. According to Stryker, it is the first flexible syndesmotic fixation device on the market with an adolescent indication, expanding treatment options for younger patients.

What are the key technical features of Synchfix EVT that surgeons should know (SYK)?

Key features include an all‑in‑one system with integrated suture tensioning handles, one‑handed deployment, an ergonomic handle, and a low‑profile titanium medial implant. According to Stryker, these design elements aim to streamline the surgical workflow and enhance user experience.

Will Synchfix EVT be available at medical conferences for hands‑on demonstrations (SYK)?

Yes — Stryker is showcasing Synchfix EVT at the 2026 ACFAS Annual Meeting with demonstrations highlighting its sterile, single‑use, knotless, flexible suture‑button system. According to Stryker, attendees can see procedural workflows and device handling in live demos.

What clinical uses and fracture types is Synchfix EVT intended for (SYK)?

Synchfix EVT is intended for soft tissue and bone fixation in ankle syndesmosis disruptions, with or without ankle fractures, and as an adjunct for Weber B, Weber C, and Maisonneuve fractures. According to Stryker, the system supports those specific adult and adolescent fracture patterns.

Has Synchfix EVT received any notable design recognition (SYK)?

Yes — Synchfix EVT received the Red Dot Design Award for its innovative all‑in‑one implant and instrumentation. According to Stryker, the award recognizes the device's design that simplifies syndesmotic fixation and enhances surgical efficiency.
Stryker Corp

NYSE:SYK

SYK Rankings

SYK Latest News

SYK Latest SEC Filings

SYK Stock Data

147.23B
361.71M
Medical Devices
Surgical & Medical Instruments & Apparatus
Link
United States
PORTAGE