Smith & Nephew plc Completion of Brainlab OJR business acquisition

Smith & Nephew Plc

Smith & Nephew plc (LON:SN, NYSE:SNN), the global medical technology business, today announced it has completed the acquisition of the Brainlab orthopaedic joint reconstruction business. The acquisition supports Smith & Nephew’s strategy to invest in best-in-class technologies that further its multi-asset digital surgery and robotic ecosystem.

The Brainlab orthopaedic joint reconstruction business provides surgeons with digital workflow tools, from pre-operative planning to intraoperative navigation to post-operative evaluation and sharing. Used in more than 500 hospitals worldwide, the technology helps maximise precision and reproducibility and achieve desired outcomes for patients and surgeons. Smith & Nephew’s initial priority will be to integrate the Brainlab technology into NAVIO◊ 7.0, the next version of its surgical robotics system.

Smith & Nephew and Brainlab are also collaborating on developing additional applications to enhance Smith & Nephew’s digital surgery ecosystem.

The commercial terms of the acquisition have not been disclosed.

Share on:
Find more news, interviews, share price & company profile here for:

      Search

      Search