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Smith & Nephew PLC on Monday said it has acquired US-based sports medicine business Integrity Orthopaedics Inc for up to $450 million. The Watford, England-based medical device manufacturer said Integrity Orthopaedics is an early-stage commercial developer of Tendon Seam, a rotator cuff repair system designed to reduce re-tear rates and improve patient outcomes. Smith & Nephew will make an initial cash payment of $225 million, plus additional performance-based payments of up to $225 million over the next five years. It expects the transaction to be accretive to its trading profit margin by 2028. The firm noted that the transaction will be funded from its existing cash facilities. Rotator cuff repair is a ‘substantial and growing treatment area,’ Smith & Nephew said, with around 500,000 procedures performed annually in the US and an estimated market value of $875 million. However, traditional surgical techniques have structural failure rates of 20% to 40%. Tendon Seam uses patented micro-anchors to ‘deliver stronger repairs, accelerated patient recovery, lower re-tear rates, and a simplified surgical technique,’ Smith & Nephew said. Integrity Orthopaedics was founded in 2020 and is headquartered in Maple Plain, Minnesota. The company noted that Integrity’s founders include Tom Westling, a co-founder of Rotation Medical, which developed the Regeneten bioinductive implant, which Smith & Nephew bought in 2017. ‘Smith & Nephew now has an unrivalled portfolio for shoulder, including a powerful nextgeneration rotator cuff repair platform to complement market-leading biological augmentation, the newest shoulder arthroplasty system, and proven solutions across shoulder instability,’ said Scott Schaffner, president of Sports Medicine at Smith & Nephew. ‘We welcome the Integrity team, including those involved with our prior successful acquisition of Rotation Medical, and look forward to working together again to offer customers and their patients this exciting technology.’ Shares in Smith & Nephew closed down 0.3% at 1,254.62 pence on Monday afternoon in London. Copyright 2026 Alliance News Ltd. All Rights Reserved.
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