With its acquisition of Blue Belt Technologies, a global leader in surgical robotics, the London-based medical equipment manufacturer Smith & Nephew will introduce Blue Belt’s Navio surgical system in India for the first time.
Smith & Nephew, which announced to acquire Blue Belt Holdings Inc for $ 275 million in October last year, recently completed the Blue Belt deal, securing a leading position in the fast-growing area of orthopaedic robotics-assisted surgery.
The Navio surgical system currently provides robotics-assistance in unicondylar or partial knee replacement surgery through CT-free navigation software and a unique hand-held, robotic bone-shaping device. The combination of Blue Belt Technologies with Smith & Nephew’s Knee Implant franchise creates a strong combined partial knee portfolio to accelerate growth in the attractive area of partial knee replacement surgery.
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Smith & Nephew intends to expand the Navio platform into total knee, bi-cruciate retaining knee and revision knee implants, delivering significant further upside.
Smith & Nephew is a global medical technology business dedicated to helping healthcare professionals improve people's lives. With leadership positions in orthopaedic reconstruction, advanced wound management, sports medicine and trauma & extremities, Smith & Nephew recorded annual sales of more than $4.6 billion in 2014 and has presence in more than 100 countries.