Smith+Nephew Acquires CartiHeal, Developer of Agili-C

CartiHeal Agili-C Implant

Smith+Nephew (SNN) entered into a definitive agreement to acquire CartiHeal, developer of Agili-C, a novel sports medicine technology for cartilage regeneration in the knee.

SNN will pay an initial cash consideration of $180 million at closing, and up to a further $150 million contingent on financial performance. The transaction is expected to...

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Julie Vetalice is ORTHOWORLD's Editorial Assistant. She has covered the orthopedic industry for over 20 years, having joined the company in 1999.

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