# Smith & Nephew acquires CartiHeal for $180 million upfront

Smith & Nephew agreed to buy CartiHeal for $180 million upfront, with up to $150 million in additional payments tied to financial performance. CartiHeal makes the Agili-C knee implant for cartilage regeneration.

- Type: Acquisition
- Announced: 2023-11-27
- Value: $180.0M
- Status: announced
- Products: Agili-C knee implant
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Smith & Nephew](https://endata.com/companies/19873.md) (acquirer)
- [CartiHeal](https://endata.com/companies/57427.md) (target)

## Sources

- [medtechdive.com](https://www.medtechdive.com/news/smith-nephew-180m-cartiheal-buyout/700656/), 2023-11-27: "Smith & Nephew struck an agreement last week to buy CartiHeal for $180 million upfront to expand its range of sports medicine technologies."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.