Smith & Nephew acquires Rotation Medical for $210M

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Website - http://rotationmedical.com/
Smith & Nephew puts $210m on the table for Rotation Medical (MassDevice)
Smith & Nephew (NYSE:SNN) said today that it agreed to pay as much as $210 million for Rotation Medical and its regenerative shoulder repair treatment.
The deal calls for the British orthopedics and wound care giant to pay $125 million in up-front cash, with another $85 million on the line over the next five years in financial milestones.
Plymouth, Minn.-based Rotation’s bioinductive implant is designed to induce new tissue growth after...

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