Financial

Smith and Nephew, other medtech giants weigh in on mega-mergers

July 29, 2014 by Arezu Sarvestani

A recent spate of mega-mergers hasn’t inspired medtech peers to follow suit just yet, according to leadership at Boston Scientific, C.R. Bard and Smith & Nephew.

The medical device industry has some blockbuster merger activity in recent months, but a few companies are sitting this one out.

Leadership at Boston Scientific (NYSE:BSX), C.R. Bard (NYSE:BCR) and Smith & Nephew (FTSE:SN, NYSE:SNN) all said in recently analyst calls that they aren’t looking to forge mega-mergers of their own, but are instead eying smaller tuck-in buys to complement their existing structures.

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Josh Sandberg

Josh Sandberg is the President and CEO of Ortho Spine Partners and sits on several company and industry related Boards. He also is the Creator and Editor of OrthoSpineNews.

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