BD (Becton, Dickinson and Company), a leading medical technology company, announced that it has sold its vertebral augmentation solutions business, which includes all AVAmax, AVAflex, AVAtex and AVAprep branded products to Stryker, a leader in the worldwide orthopaedic medical technology market.

This sale will not have a material impact to revenue and earnings for fiscal 2016. Financial and contractual terms of the transaction were not disclosed.

BD is a global medical technology company that is advancing the world of health by improving medical discovery, diagnostics and the delivery of care. BD leads in patient and health care worker safety and the technologies that enable medical research and clinical laboratories. The company provides innovative solutions that help advance medical research and genomics, enhance the diagnosis of infectious disease and cancer, improve medication management, promote infection prevention, equip surgical and interventional procedures, optimize respiratory care and support the management of diabetes.