S&N "surprised" at Wright's recon sell-off; fuels acquisition speculation
This article was originally published in Clinica
Executive Summary
Smith & Nephew has taken a swipe at orthopedic rival Wright Medical, saying it is “surprised” the latter managed to find a buyer for its OrthoRecon business. Wright agreed to sell the unit to Chinese company MicroPort Medical for $290 million last week (www.clinica.co.uk, 20 June 2013).