Smith+Nephew has completed its acquisition of Integrity Orthopaedics, adding the FDA-cleared Tendon Seam rotator cuff repair system to its shoulder portfolio.
The deal supports Smith+Nephew’s RISE strategy to accelerate growth and expands its repair offering alongside the Regeneten bioinductive implant, according to a Jan. 21 news release.
The $225 million cash transaction includes up to $225 million in performance-based payments over five years.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
