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Smith & Nephew

Latest Headlines

Latest Headlines

Smith & Nephew partners with startup for knee surgical system

Orthopedic specialist Smith & Nephew will market Blue Belt's surgical knee system in a worldwide agreement that could help breathe fresh life into Smith & Nephew's flagging knee implant revenue growth. The partnership with Smith & Nephew is the startup's first major distribution deal.

Medtronic considers bid for Smith & Nephew amid building med dev merger mania

Already a global giant in medical devices, Medtronic is considering growing even larger with a possible bid for Smith & Nephew, which has been the subject of M&A talk for the past few weeks following reports Stryker would seek to buy the U.K. maker of hip and knee replacements.

Former ArthroCare top execs convicted of securities fraud scheme

A federal jury convicted the former CEO and CFO of medical device company ArthroCare on Monday. The pair used fancy accounting that falsely recorded tens of millions in revenue, according to the U.S. Department of Justice. 

Stryker CEO clears the air regarding Smith & Nephew deal

After rumors circulated that Stryker would lay down a bid for orthopedics rival Smith & Nephew, Stryker CEO Kevin Lobo confirmed that his company is considering a deal--even if it doesn't plan to make an offer anytime soon.

Stryker denies interest in Smith & Nephew, but leaves the door open to a deal

Stryker denied a Wednesday story in the  Financial Times  saying that it was preparing to make a bid for orthopedics rival Smith & Nephew, but cited a section of the takeover code which would allow it to make an offer within 6 months.

Smith & Nephew puts up $12M to clear the way for its $1.7B ArthroCare deal

Smith & Nephew, the U.K. orthopedic giant, has agreed to pay $12 million to settle a shareholder lawsuit blocking its $1.7 billion acquisition of ArthroCare, according to a SEC filing. 

Baxter yesterday, today Smith & Nephew? Talk of a 3-way split

The day after Baxter announced it will split its biopharma and medical products, an analyst is calling for U.K. devicemaker Smith & Nephew to follow suit.

Smith & Nephew clears a major U.S. regulatory hurdle for ArthroCare merger

Smith & Nephew and ArthroCare moved one step ahead with M&A plans with a new regulatory blessing. Federal officials granted the companies early terminiation of a waiting period for their merger, clearing one hurdle for the deal's completion, the Austin Business Journal reported.

Smith & Nephew and OrthoSensor to co-market orthopedic surgical tech and tools

Smith & Nephew has inked a co-marketing deal with OrthoSensor involving one of the company's orthopedic surgical tools. Neither side is discussing financial details.

$15M ArthroCare stash will help keep staff as Smith & Nephew acquisition plans advance

A proposed deal as large as Smith & Nephew's $1.7 billion to buy ArthroCare can make employees at the to-be-acquired company pretty nervous about their future. But it turns out a substantial sum of cash is at the ready to pay bonuses to help retain vital staff once the deal closes.