Smith and Nephew (UK) moves up orthopaedics league with Acufex
This article was originally published in Clinica
Executive Summary
Smith & Nephew (UK) is to acquire Acufex for £90 million ($144 million) cash, giving it an additional £40 million in annual revenues. The proposed acquisition of the American Home Products subsidiary, announced on May 15th, is subject to regulatory approval which could take up to 90 days.