Smith & Nephew is off-loading its gynecology business – mainly the Truclear hysteroscopic resection and uterine tissue-removal system – to Medtronic for $350m, the companies announced May 18.
Truclear, which is available in the US and parts of Europe, provides a less-invasive, outpatient alternative to surgical procedures for treatment of uterine abnormalities like polyps and fibroids. Medtronic says it is a valuable addition to Medtronic's overall minimally invasive surgical portfolio and part of an effort to develop less-invasive treatments for women with abnormal uterine bleeding, which it sees as underserved market. Fewer than 15% of the 100m women worldwide with abnormal uterine bleeding receive treatment, Medtronic says
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