London-based medical technology giant Smith & Nephew plc has announced the completion of its acquisition of Munich, Germany-based Brainlab’s orthopedic joint reconstruction business.
Brainlab develops, manufactures, and markets software-driven medical technology. Its core products focus on information-guided surgery, radiosurgery, precision radiation therapy, digital operating room integration, and information and knowledge exchange.
“The Brainlab orthopaedic joint reconstruction business provides surgeons with digital workflow tools, from pre-operative planning to intraoperative navigation to post-operative evaluation and sharing.…” Brainlab technology powers treatments in radiosurgery and radiotherapy as well as numerous surgical fields including neurosurgery, orthopedic, ENT, CMF, spine and trauma. Brainlab technologies are used in more than 500 hospitals worldwide.
Brainlab was formed in Munich, Germany in 1989. It employs almost 1,400 people in 18 offices worldwide.
Stefan Vilsmeier, president and CEO, Brainlab, said, “Computer-assisted surgery is the foundation of any powerful robotic solution and sophisticated software will drive superior robotic applications…I’m excited about co-inventing the future of digital surgery with our new partner, and expanding the reach of our technology to ambulatory surgery centers and their patients.”
“The acquisition supports Smith & Nephew’s strategy to invest in best-in-class technologies that further its multi-asset digital surgery and robotic ecosystem.”
“Smith & Nephew is a portfolio medical technology business with leadership positions in Orthopedics, Advanced Wound Management, and Sports Medicine. Smith & Nephew has more than 16,000 employees and a presence in more than 100 countries. Annual sales in 2018 were $4.9 billion.”
Namal Nawana, CEO of Smith & Nephew, said, “This partnership with Brainlab is a critical driver of our digital surgery and robotic ecosystem. Together we will drive the development and adoption of digital technologies to dramatically improve efficiency and outcomes in the OR.”
Smith & Nephew’s first priority will be to integrate Brainlab technology into NAVIO 7.0, the next version of its surgical robotics system.
The terms of the transaction were not disclosed.
