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Midland Medical Technologies Ltd.

Division of Smith & Nephew PLC
www.midmedtec.co.uk

Latest From Midland Medical Technologies Ltd.

Smith & Nephew and Plus Orthopedics: A Deal Drawn to Scale

Smith & Nephew announced that it will buy privately-held Swiss company Plus Orthopedics. The acquisition gives Smith & Nephew a 12% global market share in the total reconstruction market, bumping it up to the global number-four position. S&N officials say the deal is about scale; the combination offers manufacturing leverage, including improved capacity utilization and improvements in the costs of goods. The merged companies also expect to leverage combined sales and marketing capabilities and look for an increase in sales resulting from putting S&N products through Plus sales channels-and vice versa. Some analysts have insisted that the Plus deal is about scale--but they're referring to the bulk that's required for Smith & Nephew to remain independent. S&N has been rumored to be a takeover candidate itself, in an industry in which the number of major players has been steadily shrinking due to consolidation.
Business Strategies Platform Technologies

Business & Technology Briefs (04/2007)

Brief summaries of recent product and company developments in the device industry, including specialty cardiac hospitals, Smith & Nephew's acquisition of Plus Orthopedics, Medtronic's restructuring of its vascular and cardiac surgery business, Given Imaging's collaboration with Fujinon Corp., and a summary of recent M&A, financings and alliances in the device industry
Medical Device
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Company Information

  • Industry
  • Medical Devices
    • Implantable Devices
    • Rehabilitation Equipment and Devices
  • Therapeutic Areas
  • Musculoskeletal & Connective Tissue Disorders > Bone Disorders
  • Alias(es)
  • Ownership
  • Private
  • Headquarters
  • Worldwide
    • Europe
      • Western Europe
        • UK
  • Parent & Subsidiaries
  • Smith & Nephew PLC
  • Senior Management
  • Contact Info
  • Midland Medical Technologies Ltd.
    Phone: (44)
    University of Birmingham Research Park
    Vincent Drive
    Birmingham,
    UK
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