
Medical device company Smith & Nephew today announced the acquisition of Tenet Medical Engineering Inc., a Calgary, Alberta-based company that sells surgical patient positioning equipment.
Tenet’s products are used for patient positioning in arthoscopic surgery. According to a press release from Smith & Nephew, Tenet’s products complement Smith & Nephew’s existing arthroscopy portfolio, and they will be sold through Smith & Nephew Endoscopy Division, based in Andover. Smith & Nephew Endoscopy previously had a distribution agreement for the Tenet products.
Financial terms of the acquisition weren’t released.
Earlier today Smith & Nephew announced that it won an $85 million jury award in a patent infringement case in Oregon.
Comments
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.

Print
Email
Print Edition Stories



