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Smith & Nephew Bets On RF Platform With $1.7 Bil. ArthroCare Acquisition

S&N highlighted complements between ArthroCare’s Coblation platform for resection procedures and S&N’s mechanical resection blade, among other synergies. The deal comes soon after ArthroCare settled a fraud investigation with the Department of Justice.

Smith & Nephew PLC is expanding the breadth of its sports medicine business and diversifying into the ear, nose and throat market with a planned $1.7 billion purchase of ArthroCare Corp.

The deal, announced Feb. 3, comes almost a month after Austin, Texas-based ArthroCare paid $30 million to resolve a Department of Justice criminal fraud investigation that went back to 2008....

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