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...Smith & Nephew has warned that chip shortages are still hitting the medical device maker’s sales of surgical robotic technology and wound-protecting products, even as supply recovers at major chipmakers....
...Danone pivoted in 2017 towards “dairy fermented products” rather than cheese, which is an interesting example of syllogistic logic....
...Besides Stryker, other leaders in the industry include Johnson & Johnson, which acquired orthopaedic device maker Synthes for $21.3bn in 2012, and Zimmer Biomet, which was formed by a $14bn takeover in 2014...
...The head of a children’s orthopaedic clinic, closed during the shutdown, sent respirators and staff to operate them....
...In August 2017, the company acquired CellRight Technologies, a biotech company whose human tissue scaffolds are used in spine, trauma, general orthopaedic, foot and ankle, dental, and sports medicine surgical...
...Johnson & Johnson or Zimmer Biomet would be likely to trigger antitrust investigations) but also from a strategic viewpoint....
...Forecast sales for Zimmer Biomet in 2018 are only 2 per cent higher than the combined 2014 sales of the two separate companies....
...● UBS upgraded Smith & Nephew to “buy” with a £15.50 target, largely on hopes that its Navio surgical robot will revive sales growth for the orthopaedic devices maker....
...Its products are now sold around the EU, and the company is eyeing a move into the US....
...The orthopaedics market has been convulsed by the $13bn merger of Zimmer and Biomet, completed last year, and restructuring at J&J, which last month announced 3,000 job cuts in its medical devices unit....
...Zimmer and Biomet will cut costs by merging, he admits, but adds: “Will they grow their top line? I bet it doesn’t work.”...
...The cuts equate to roughly 6 per cent of the company’s medical devices workforce, and will be heaviest in the orthopaedics division, which makes hip replacements, as well as its surgical and cardiovascular...
...Zimmer’s purchase of Biomet shows hospital purchasing decisions are increasingly focused on value rather than product features, which favours companies offering economies of scale, said Goldman....
...procedures, says Kevin McAlea, chief operating officer in the healthcare products division of 3D Systems, a printer maker....
...“If you are able to bring innovative products to market that meet unmet needs you can have a great future and that’s what we’re doing.”...
...“There is no other orthopaedic surgical robot in the world that is as advanced and safe as Robodoc. The market for our product will grow rapidly,” he says. Curexo is not alone....
...Mr Bohuon’s comments come a week after Indiana-based Zimmer, maker of the eponymous walking frame, agreed to buy orthopaedic products group Biomet for $13bn....
...“But most of it is being driven by [the need for] product breadth.”...
...In May, S&N broadened its foothold in south Asia with the acquisition of Adler Mediequip, a maker of orthopaedic trauma products for the India market....
...Buoyant demand for advanced wound-care products has propped up first-half revenues at Smith & Nephew, offsetting dwindling sales of orthopaedic implants at the medical device maker....
...S&N on Thursday also announced the purchase of Adler Mediequip, an Indian producer of orthopaedic trauma products for the local market....
...Engineers at some of the big orthopaedic implant manufacturers, including Stryker and Zimmer of the US, are using 3D printing to make customised devices that will fit individuals’ bodies as closely as possible...
...Last month S&N acquired LifeModeler, a provider of biomechanical software that simulates the human body’s movements, in order to speed up the testing of its orthopaedic products...
...The system described by prosecutors shows the supply of orthopaedic products by Smith & Nephew’s German subsidiary with manufacturing operations in Greece via its Greek distributor who used shell companies...
...Jude, Boston Scientific) underperforming badly while orthopaedic specialists (Stryker, Smith & Nephew, and Zimmer) have fared better....
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