Smith & Nephew has acquired LifeModeler, a provider of biomechanical human body simulation tools and services.
LifeModeler's software is designed to evaluate innovations in a virtual model of the human body, which will shorten the time it takes to develop new products. Smith & Nephew has worked with LMI over the past decade in developing key products.
The terms of the transaction are undisclosed.
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The terms of the transaction are undisclosed.
More Articles on Orthopedic Devices:
Life Spine Reports 37.9% Q1 Growth
39 Orthopedic & Spine Devices Receive FDA 510(k) Clearance in March
Wright Medical Group Launches CLAW II for Foot & Ankle Surgery