London-based Smith & Nephew plc, frequently brought up as an acquisition target, is going its own way, according to a report in the Telegraph.
Since his arrival at the company in 2011, CEO Olivier Bohuon has been redirecting the company’s emphasis on hip and knee replacements toward innovations in one of its oldest businesses—wound care. It’s not sexy, but it should be big business as Baby Boomers age, particularly those with diabetes.
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