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Blue Belt Robotic Surgery Buy Is A 'Must-Have,' Says Smith & Nephew

This article was originally published in The Gray Sheet

Executive Summary

S&N will pay $275 million to buy Blue Belt, which is still in the red and is expected to generate only $19 million in revenue for 2015 through sales of its Navio surgical system. The firm's sales team has been vocal in support of acquiring the technology, executives said.

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