Smith & Nephew acquired Ceterix Orthopaedics, Inc for $105m.

Smith & Nephew, a global medical technology business dedicated to supporting healthcare professionals in their daily efforts to improve the lives of their patients, acquired Ceterix Orthopaedics, Inc, a medical device company, for $105m. "We are proud of the impact our technology has made in developing the meniscal repair market and are excited by the opportunity to reach many more customers and their patients as an integrated part of Smith & Nephew's extensive Sports Medicine portfolio," said John McCutcheon, Chief Executive Officer of Ceterix.