Smith & Nephew to extend arthroscopic offerings with purchase of Acufex for $141 mil..
This article was originally published in The Gray Sheet
Executive Summary
SMITH & NEPHEW EXPANDING ARTHROSCOPIC BUSINESS WITH $141 MIL. ACUFEX PURCHASE from American Home Products. Smith & Nephew says that Acufex's product line, including hand-held arthroscopic surgical instruments, soft tissue fixation devices and drill guide systems, would complement the line of arthroscopic video cameras and powered surgical instruments manufactured by Smith & Nephew's Dyonics unit. Acufex's arthroscopic fixation devices include a bioabsorbable, staple-like button and a titanium-based fixation device, both of which are used in ligament repair.