News | News By Subject | News by Disease News By Date | Search News
Get Our FREE
Industry eNewsletter
email:    
   

Smith & Nephew Inc. (SNN) CEO Has $1.5 Billion for Acquisitions



8/2/2013 8:50:45 AM

Get the latest biotech news where you want it. Sign up for the free GenePool newsletter today!

Smith & Nephew Plc (SN/), the U.K.’s biggest medical-device maker, has $1.5 billion to spend on acquisitions and is scouting wound-care companies in the U.S. as well as potential deals in trauma and sports medicine. Smith & Nephew also is looking to buy distributors and manufacturers in emerging markets to support a new focus on more affordable products for countries such as India, China, Brazil and Russia, Chief Executive Officer Olivier Bohuon said in an interview yesterday. The company plans to introduce its first so-called mid-tier wound products this year, he said.

Help employers find you! Check out all the jobs and post your resume.

Read at Bloomberg


comments powered by Disqus
Bloomberg
   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES