Smith & Nephew declines to comment on Zimmer:
This article was originally published in Clinica
UK company Smith & Nephew is believed to be preparing a bid for orthopaedics company Zimmer, according to The Sunday Times. Zimmer's parent, Bristol-Myers Squibb, announced earlier this month that it plans to sell the subsidiary "within 12 months" (see Clinica No 928, p 13). If Smith & Nephew bought Zimmer, it would make it one of the largest orthopaedics companies in the world. Smith & Nephew declined to comment.