Last January, the company experienced a similar boost when speculation of a takeover ran rampant. However, Smith & Nephew executives maintained the rumors were false. Instead, Johnson & Johnson took over Synthes, a Swiss device company.
Other large orthopedic device companies, such as Biomet, have been considered possible suitors for Smith & Nephew as well.
Related Articles on Orthopedic Device Companies:
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Patent Infringement Trial Underway for Medtronic and NuVasive
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