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Smith & Nephew Pays $240M For Integra’s Extremities Business

 
• By Reed Miller

Integra is divesting its underperforming extremity orthopedics product portfolio to focus on its neurosurgery, surgical instrument and regenerative medicine businesses.

X-ray of a sore shoulder
• Source: shutterstock.com

Smith & Nephew plc has agreed to pay $240m in cash to acquire Integra Lifesciences’ extremity orthopedics business, the companies announced on 29 September.

Integra’s extremities portfolio includes shoulder replacement implants as well as implants, fixation devices and accessories for hand, wrist, elbow, foot and ankle surgery. Integra’s extremity orthopedics R&D pipeline also includes...

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