Smith+Nephew acquires cementless partial knee maker Engage Surgical

Engage Surgical’s partial knee system. [Image from Engage Surgical]Smith+Nephew (NYSE:SNN) announced today that it acquired Engage Surgical and its cementless unicompartmental (partial) knee system.

Orlando, Florida-based Engage Surgical designed its partial knee system as a novel, modern, cementless knee implant aiming at seizing the potential for better long-term fixation through biologic integration, shorter operating times and a shift to ambulatory surgery centers (ASCs).

The company’s platform is the only cementless unicompartmental knee system commercially available in the U.S., according to a news release.

London-based Smith+Nephew said the acquisition supports its growth strategy while providing differentiation for its customers as well. The total cost of the acquisition will reach up to $135 million, contingent on sales performance. Smith+Nephew funded the acquisition from existing cash and debt facilities.

“Smith+Nephew is…

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