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Smith & Nephew acquire Rotation Medical for $210M: 4 key points Featured

By  Mackenzie Garrity | Wednesday, 06 December 2017 18:55
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Smith & Nephew completed the acquisition tissue regeneration developer Rotation Medical for $210 million.

Here are four key points:

 

1. The acquisition costs include $125 million up front and up to an additional $85 million over the next five years, which is contingent on financial performance.

 

2. Rotation Medical is the developer of an innovative tissue regeneration technology for shoulder rotator cuff repair. Smith & Nephew believes the system will compliment its current shoulder repair technologies portfolio.

 

3. Rotation Medical's regeneration technology will be sold through Smith & Nephew's sports medicine task force and the integrated Rotation Medical sales team.

 

4. The rotator cuff repair technology is approved for sale in the U.S., and Smith & Nephew filed for approval in Europe.

 

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