Smith+Nephew announced today that it launched its Renasys Edge negative pressure wound therapy (NPWT) system in the U.S. London-based Smith+Nephew began the rollout in the U.S. as a patient-centric option for treating chronic wounds. The lightweight, compact system features a discreet canister and users can easily carry or wear it. It also operates quietly so […]
Smith+Nephew
Smith+Nephew sales are up 7% as 12-point plan progresses
Smith+Nephew shares dipped today on fourth-quarter results that included nearly 7% sales growth year-over-year. Shares of SNN fell 2% to $27.97 apiece in late-afternoon trading. The London-based orthopedic giant posted sales of $1.458 million in the quarter. That marked 6.8% growth compared to the same period a year ago. Smith+Nephew says it continues to make […]
The biggest stories from AAOS 2024
Stryker, Smith+Nephew, Osso VR and more made important announcements at the American Academy of Orthopaedic Surgeons’ annual meeting (AAOS 2024). AAOS 2024, running Feb. 12–16 in San Francisco, was also where a new study raised questions about the benefits of robotic knee surgery. Go to our sibling site Medical Design & Outsourcing to find out […]
Smith+Nephew kicks off Aetos shoulder system launch at AAOS
Smith+Nephew announced today that it fully launched its Aetos shoulder system in the U.S. with additional FDA clearances. Aetos originally received FDA clearance in June 2023, bolstering the company’s upper extremity portfolio. London-based Smith+Nephew designed Aetos to restore patients’ range of motion and help minimize arthritic shoulder pain. The system features the Aetos Meta Stem […]
Smith+Nephew to show off new AI features for its Cori surgical robot
Smith+Nephew announced today that it plans to “provide a glimpse into the future” of its Cori surgical robotic system. The Cori handheld robotic system supports the entire continuum of care in knee arthroplasty. It offers a comprehensive solution for navigated total hip arthroplasty as well. Cori’s new image-agnostic, robotic-assisted solution could further help personalize surgery […]
Smith+Nephew unveils expanded sports medicine portfolio
Smith+Nephew today announced plans to unveil new sports medicine technologies this week. The London-based orthopedic giant plans to premiere its newly acquired CartiHeal Agili-C cartilage repair implant. Bioventus had a deal in place to acquire CartiHeal and its technology last summer. However, when that fell through, Smith+Nephew executed a $180 million buyout (with a potential […]
Study backs Smith+Nephew Regeneten bioinductive rotator cuff implant
Smith+Nephew today announced positive results for its Regeneten bioinductive implant from a randomized controlled trial. Data published online in Arthroscopy highlighted the success of Regeneten against the standard of care. One-year results found that medium and large full-thickness rotator cuff tears repaired and augmented with the implant had better tendon healing. Regeneten provides a patient-centric […]
How can medtech companies innovate their business models?
In an ever-changing medtech space, how do companies keep up with the pace of change? How do companies adjust and innovate their business models to reflect that? Leaders from some of medtech’s biggest names attempted to answer some questions around that at AdvaMed’s The MedTech Conference yesterday. (Want to find out more? Leaders from major […]
How Medtronic, Zimmer Biomet and Smith+Nephew approach medtech M&A
In a year with some massive acquisitions in medtech, there are still questions around an overall drop in M&A activity. According to Pete Cataldo, managing director and medtech head of Truist, deal volume in the sector fell 65% in the first half of 2023. However, despite high interest rates and a volatile stock market, there […]
State of the industry — Execs ‘more bullish than ever’ on medtech
Ernst & Young’s 2023 Pulse of the Industry medical technology report may not have been overly positive, but medtech executives certainly are. The EY report highlighted sluggish revenues and post-COVID-19 corrections leading to a growth decline. In fact, it was the lowest growth in medtech since 2015. Roughly half of medtech stock price gains realized […]
Smith+Nephew launches hip arthroplasty system in India
Smith+Nephew announced today that it launched its OR3O dual mobility system for hip arthroplasty in India. The London-based orthopedic device maker designed OR3O for use in primary and revision hip arthroplasty. Compared to traditional solutions, dual mobility implants have a smaller-diameter femoral head. It locks into a larger polyethylene insert, increasing stability, reducing dislocation risk […]