The acquisition aims to drive Smith+Nephew’s robotics strategy, according to a Jan. 19 news release. Engage Surgical’s partial knee system is designed for long-term fixation through biologic integration and short procedure times. The partial knee system is also optimized for robotics and will have an application with Smith+Nephew’s Cori system in the future.
The transaction cost is up to $135 million, contingent on sales performance.
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
