Smith & Nephew saves research spend for emerging markets (The Telegraph) Smith & Nephew, the maker of artifical hips and knees, is to ring-fence a slice of its research spending to develop products for emerging markets as it eyes sales in fast-growing economies.
The FTSE 100 medical devices manufacturer has said it will increase its research and development budget by $300m (£186m) over the next five years and plans to set aside 20pc of this for emerging markets.
The investment comes as Smith & Nephew sharpens its focus on countries such as Brazil, Russia, China and India, with a vi...
