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Smith & Nephew is to acquire the assets of Nucryst Pharmaceuticals, the US manufacturer of antimicrobial dressings, for £13m. 12-Nov-2009 Smith & Nephew has confirmed plans to shed a "small number" of the 1,000 jobs at its medical products business in Hull over the next six months. 03-Oct-2007 Smith & Nephew has acquired BlueSky Medical Group, the US developer of wound treatments, for up to £55m. 14-May-2007 Smith & Nephew has acquired Plus Orthopedics, the Swiss manufacturer of replacement hips and knees, for £460m. 13-Mar-2007 Smith & Nephew is in merger discussions with Biomet of the US, which could lead to the creation of a combined orthopaedic products group worth up to £10bn. 02-Nov-2006 Smith & Nephew has acquired OsteoBiologics, the US supplier of bone graft substitutes, for £39m. 12-Jul-2006 Smith & Nephew and Beiersdorf of Germany have sold their BSN medical products joint venture to Montagu Private Equity for £698m. 19-Dec-2005 Smith & Nephew and Beiersdorf of Germany are looking to sell their BSN Medical joint venture, which supplies various bandages and wound dressings and has an annual turnover of £342m. 22-Aug-2005 Smith & Nephew is to acquire Midland Medical Technologies, the Birmingham-based supplier of hip replacement products, for up to £100m. 15-Mar-2004 Smith & Nephew is to raise £49m from the sale of its 21% stake in AbilityOne, the US rehabilitation business, to Patterson Dental. 19-Aug-2003 Smith & Nephew has agreed to acquire Centerpulse, the Swiss medical technology company, for £1.5bn, creating the world's third largest orthopaedics group. 21-Mar-2003 Smith & Nephew has sold its Rehabilitation business to AbilityOne of the US for £87m, creating a leading supplier of rehabilitation products to hospitals with operations in Kirkby, France and the US. 29-Mar-2002 Smith & Nephew is to acquire Oratec Interventions, the US developer of radio frequency technology for minimally invasive surgery, for £220m. 15-Feb-2002 Smith & Nephew is expected to acquire a large medical devices company within a year, and is also considering bolt-on acquisitions in the keyhole surgery market and the sale of its walking aids business. 08-Feb-2002 Smith & Nephew, the medical devices group, is seeking acquisitions to expand its salesforce, and is interested in the Zimmer business being demerged from Bristol Myers Squibb. 16-Feb-2001 Smith & Nephew is buying an advanced woundcare business from Beiersdorf for £30m, and is also forming a joint venture with the German company for the supply of bandages and castings. 03-Nov-2000 Smith & Nephew is planning to form a £300m joint venture with Beiersdorf of Germany to produce traditional wound-healing products. 27-Sep-2000 Smith & Nephew is looking to spend up to £500m on acquisitions over the next few years, in order to expand its medical devices manufacturing business. 09-Aug-2000 Smith & Nephew is to sell its consumer products division to a management team and Beiersdorf of Germany, in order to raise £235m and focus on its more profitable high-tech activities. 29-Jun-2000 Smith & Nephew is buying Iruxol, the woundcare product, from BASF for £74m, and will seek approval to market the treatment in the UK, France, Australia and Japan. 02-Feb-2000 Smith & Nephew, the healthcare group, has sold its Astor House headquarters by the Thames in London for £15m, and the proceeds are expected to be used for acquisitions. 15-Oct-1999 Smith & Nephew is considering plans to raise £500m to fund the acquisition of medical equipment companies. 10-Aug-1999 Smith & Nephew is to acquire Exogen, the US manufacturer of ultrasound devices, for £40m. 27-Jul-1999 Smith & Nephew is to sell a majority stake in its medical bracing business to Chase Capital Partners for £124m, and the proceeds will be used to expand its core orthopaedic, wound management, and endoscopy businesses. 01-May-1999 Smith & Nephew has confirmed plans to reorganise its health care products business along product rather than regional lines, and up to eight of its 35 factories could be closed. 26-Feb-1999 Smith & Nephew has been approached by at least 10 companies interested in buying its bracing division, which produces braces for knees and other joints and is worth about £100m. 25-Feb-1999 Smith & Nephew has announced that its Hull site will become a global headquarters for its wound management products, securing the future of the 1,200-strong workforce. 16-Dec-1998 Smith & Nephew, the healthcare group, is to restructure its worldwide operations by focusing on product rather than geographic lines, and a further 500 jobs will be lost. 10-Dec-1998 Smith & Nephew is cutting 96 jobs over the next three years at its medical supplies factory in Hull due to a fall in exports. 23-Oct-1998 Smith & Nephew, the medical equipment concern, is moving 10% of its manufacturing capacity to France, Indonesia and South Africa, due to the strength of sterling. 12-Aug-1998 Smith & Nephew is to invest about £68m in its Dermagraft joint venture with Advanced Tissue Sciences of the US in order to develop products to treat ulcers and other wounds. 16-Jan-1998 Smith & Nephew is acquiring the wound care product programme of Perstop of Sweden for £11.8m. 15-Dec-1997 Smith & Nephew, the healthcare concern, has acquired Yunhab Meditech and ChangMyung, its two South Korean distributors, for £4m. 18-Oct-1996 Smith & Nephew has sold the rights to its incontinence treatment Ditropan to L'Oreal's pharmaceutical division for £21.7m. 05-Dec-1995
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