When knife makers state surgical stainless in general it's nothing good, 420 or worse.
Last week a gentleman named Kyle who works in the related industry, posted interesting info in my guestbook, which I'll add the relevant pages sometimes soon, but here it is:
...major US and international companies like DePuy, Acromed, Arthrex, Accumed, Biomet, Zimmer, and too many other to name. For instruments they typically use 17-4 and 17-4 PH (pre-hardened) Stainless, and occasionally 455 Stainless (455 is harder with much more 'memory'). For implants, we exclusively use 316L Stainless or titanium 6AL4V. As far as steels go, 316L Stainless is the ONLY steel that can be used for implants such as pins, nails, bone plates, screws, and other types of temporary or permanent implants. This is done to ensure the steel never rusts or contaminates the body.
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As you can see, all that stuff is used as mostly handle or cladding material in "good" knives, not for a blade.