Morgan Lewis Advises Xodus Medical on Acquisition Agreement with STERIS
October 12, 2026PHILADELPHIA, October 12, 2026: Morgan Lewis is advising Xodus Medical, a developer and manufacturer of innovative surgical safety solutions, on the company’s definitive agreement to be acquired by STERIS, a global healthcare products and services company, for $2.1 billion at closing.
Xodus Medical develops and manufactures medical devices designed to improve surgical safety. The company's portfolio of surgical safety technologies, including its flagship Pink Pad® patient positioning systems, is used by hospitals worldwide. Founded in 1993 and headquartered near Pittsburgh, Pennsylvania, Xodus Medical works with healthcare professionals to support patient safety throughout the perioperative process. STERIS is a roughly $6 billion, 18,000-person global healthcare and life-sciences company whose core competency is helping customers prevent infection, sterilize and reprocess medical products and instruments, and maintain safe clinical and manufacturing environments.
The Morgan Lewis team includes partners Richard Aldridge and Greer Longer, and associates Courtney Collins Seitz and Ann Reynolds; with partners Paul Gordon, Josh Goodman, Michael Masling, Katelyn Hilferty, and John Hemmer; of counsel Eric Marcuson; and associates Andreas Andrews and Amir Ali.