Smith & Nephew has plans to introduce Blue Belt Technologies' Navio surgical system in India, according to a Business Standard report.
Here are four key notes:
1. The hand-held Navio surgical system provides robotics-assistance in unicondylar or partial knee replacement surgery.
2. Smith & Nephew plans to expand the Navio platform into total knee, bi-cruciate retaining knee and revision knee implants in the future.
3. The Navio system has been used successfully in numerous countries, including Australia.
4. Smith & Nephew acquired Blue Belt Technologies in early January 2016, and the company expects to exceed a 24 percent trading profit margin this year, including the 60 bps dilution from investing in Blue Belt Technologies.