Smith & Nephew and Beiersdorf ink Euro1bn sale of BSN Medical
This article was originally published in Clinica
Executive Summary
UK-based orthopaedics group Smith & Nephew is to rake in a net profit of £16.5m ($29.3m) from the sale of BSN Medical, the wound care, phlebology and orthopaedics joint venture it had set up with German consumer skincare products company Beiersdorf in April 2001.