Industry news

Smith & Nephew acquires Blue Belt for $275 million

Read time: 1 mins

Last updated:2nd Nov 2015

Published:2nd Nov 2015

Source: Pharmawand

Smith & Nephew has agreed to acquire Blue Belt Holdings, Inc. for $275 million, securing a leading position in the fast-growing area of orthopaedic robotics-assisted surgery. Blue Belt Technologies' Navio surgical system provides robotics-assistance in unicondylar or partial knee replacement surgery through CT-free navigation software and a hand-held, robotic bone-shaping device.

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