Smith & Nephew acquires Rotation Medical for up to $210 million

Smith & Nephew has entered into a definitive agreement to acquire Rotation Medical Inc., a developer of a tissue regeneration technology for shoulder rotator cuff repair, for an initial cash consideration of $125 million and up to $85 million in contingent payments over five years.

“Rotation Medical furthers our strategy to invest in disruptive technologies that accelerate the transformation of Smith & Nephew to higher growth.”sec.gov

• 1 source
• sec.govSMITH & NEPHEW PLC Form 6-K filed October 23, 2017Oct 23, 2017

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