Smith & Nephew has struck a deal to buy the extremity orthopaedics business of Integra LifeSciences for $240 million. The acquisition includes shoulder replacement products and other devices that generated $90 million in revenue last year.
Smith & Nephew completed the acquisition of US firm Tusker Medical, developer of the Tula System for ear tube placement in children without general anesthesia. Terms were not disclosed.
Smith & Nephew plc agreed to acquire Atracsys Sàrl, a Switzerland-based provider of optical tracking technology used in computer-assisted surgery. The fusionTrack 500 camera will be used in Smith & Nephew's next-generation robotics platform due in 2020. Terms were not disclosed.
Smith & Nephew closed its acquisition of Brainlab's orthopedic joint reconstruction business, which includes digital workflow solutions for surgeons. The deal was originally announced in March 2019.
Smith & Nephew has agreed to acquire the Brainlab orthopedic joint reconstruction business to enhance its digital surgery and robotic ecosystem. Financial terms were not disclosed. The companies will also collaborate on developing applications in orthopedic reconstruction and sports medicine.
Smith & Nephew agreed to buy Osiris Therapeutics for about $660 million in cash to gain regenerative skin and wound products.
Smith & Nephew agreed to acquire the Brainlab orthopaedic joint reconstruction business, including digital workflow tools and the orthopaedic salesforce, to bolster its digital surgery and robotics ecosystem. The companies also entered a strategic collaboration for future development.
Smith & Nephew agreed to acquire Ceterix Orthopaedics and its NovoStitch Pro knee repair device for up to $105 million, including $50 million upfront and $55 million in earn-outs.
British-based Smith & Nephew plans a $29 million expansion at its Fort Worth, Texas facility, creating 100 new jobs for its Advanced Wound Management business.
Smith & Nephew opened a Global Business Services (GBS) operation in San Jose, Costa Rica, to provide specialized shared services. The company plans to add 150 new collaborators over two years with an investment of about $1.8 million.
Smith & Nephew announced it is buying Rotation Medical, a U.S. sports injury business, 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.
Smith & Nephew Inc. plans a $25.7 million expansion of its medical manufacturing facility in Fort Worth, Texas, creating 100 new jobs and retaining 83 employees.
Smith & Nephew is considering expanding a factory and laboratory facility in Fort Worth, Texas, which would add 100 jobs, and is seeking a tax abatement for the project.
Smith & Nephew opened a new £8 million state-of-the-art Research & Development centre at its Hessle Road site in Hull, UK. The centre includes Surface Analysis and Bio-Mechanics laboratories.
Smith & Nephew opened a new $55 million orthopedic device manufacturing facility in Coyol, Costa Rica, expected to add 250 jobs. The facility will produce Coblation arthroscopic technology.
| Site | Largest | Latest |
|---|---|---|
| Fort Worth, United States | $29.0M | 2018-03-22 |
| San Jose, Costa Rica | $1.80M | 2018-01-29 |
| Hull, United Kingdom | $10.4M | 2017-05-12 |
| Coyol, Costa Rica | $55.0M | 2016-10-25 |