Steris Agrees to Acquire Surgical Safety Device Maker Xodus Medical

Steris has entered into an agreement to acquire surgical safety device manufacturer Xodus Medical to expand its operating room consumables portfolio, according to an Investing.com report.

Financial terms of the transaction were not disclosed in the announcement, though Xodus Medical has demonstrated double-digit growth rates.

"Xodus Medical’s product portfolio complements and expands STERIS’s offering, particularly by adding consumables used in the operating room," said Dan Carestio, President and Chief Executive Officer of STERIS.

Background on Xodus Medical and Products

Founded in 1993, Xodus Medical is headquartered near Pittsburgh, Pennsylvania, and develops medical devices including its Pink Pad patient positioning systems.

"The acquisition represents an opportunity to combine the company’s products with STERIS’s resources and market presence after more than 30 years of operation," stated Craig Kaforey, Chief Executive Officer of Xodus Medical.

Steris generates approximately $6.0 billion in annual revenue and employs 18,000 associates globally.

Market Performance for Steris

In public market trading, Steris plc (STE) stock was quoted at $222.66, down 0.74% as of 2026-10-16, according to Finnhub market data.

Consumable surgical safety products are utilized across hospitals and outpatient surgical centers to mitigate patient injury risks during procedures.