March 2017 Business Briefing

takes place on Tuesday March 28th 2017 starting at 6.30pm (sharp) at Stryker Neurovascular,  Model Farm Rd., Cork       Directions: Stryker Neurovascular

We  continue with our theme of Cost Reduction, Reinvention and Innovation reviewing a business in the Biotech Manufacturing sphere and are delighted

Arnaud Aoustin, StrykerMr Arnaud Aoustin, Operations Manager of Stryker Neurovascular, has graciously accepted our request to present to fellow CEIA members. Arnaud will share with us

“The Stryker Neurovascular Story”

Stryker is one of the world’s leading medical technology companies and, together with their customers, they are driven to make healthcare better. The Company offers a diverse array of innovative products and services in Orthopaedics, Medical and Surgical, and Neurotechnology and Spine that help improve patient and hospital outcomes. Stryker is active in over 100 countries around the world.

The Company was founded in 1941 by Dr. Homer Stryker and incorporated in 1946 as the Orthopaedic Frame Company. In 1964, the Company’s name was changed to Stryker Corporation and is a very fast growing company with $11.325 billion in annual sales in 2016. Annual revenue has grown for 37 straight years with 18% CAGR (compound annual growth rate) in sales over 37 years. The company employs around 33,000 employees globally across 43 manufacturing and research & development locations worldwide.

In 2011, Stryker completed the acquisition of the Neurovascular (NV) Division of Boston Scientific for $1.5 Billion. This resulted in the start of the Stryker NV business in Model Farm Road. The NV revenue was $0.6 billion for 2016 with a double digit growth for the last 5 years. 70% of this revenue is manufactured in the Model Farm Road site which employs 750 people.

Arnaud’s presentation will cover the story of Stryker, Stryker NV and will focus on key topics including Continuous Improvement & Innovation.

After the presentations, there will be a networking opportunity with light refreshments served.

The CEIA would like to thank Arnaud and the team in Stryker for taking the time to talk with us and generously agreeing to host this event on site.

To register send an Email to info@ceia.ie, places are limited for this event.