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Smith & Nephew To Acquire Regenerative Shoulder-Tech Firm

Th UK firm is buying Rotation Medical and its regeneration technology for shoulder rotator cuff repair for $125m, plus milestones, to grow its sports-medicine portfolio. The deal comes amid rumors that Smith & Nephew could be positioning itself to be acquired.

UK orthopedics powerhouse Smith & Nephew PLC says it plans to buy Rotation Medical Inc. in a bid to boost its existing sports-medicine portfolio. Smith & Nephew is offering to buy Rotation Medical for $125m and could pay up to another $85m over five years based on its financial performance.

Rotation has an FDA-cleared regeneration technology system intended to repair shoulder cuffs. The system includes a bioinductive implant and disposable...

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