Smith & Nephew Looks for Merger or Acquisition Deal

Spinal Tech

Smith & Nephew CEO Olivier Bohuon is looking for a merger/acquisition deal, according to a Mass Device report. According to the news report, the device giant is ready to commit to an acquisition priced at "$10 million to something much more significant" in order to expand its offerings in minimally invasive surgery. The company has $221 million in cash and equivalents as of June 30.

More Articles on Orthopedic Devices:

RTI Biologics Reports $45.2M 2Q Revenue, Up 4%

ArthroCare 2Q Revenue Hits $91.7M, Up 0.5%

Globus Medical Announces Pricing of Initial Public Offering

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Webinars

Featured Whitepapers