Smith & Nephew (SNL)

978.60p
   
  • Change Today:
      0.045p
  • 52 Week High: 1,207.75
  • 52 Week Low: 914.80
  • Currency: UK Pounds
  • Shares Issued: 896.62m
  • Volume: 302,620
  • Market Cap: £8,774m

Smith & Nephew buys US ear tube maker

By Frank Prenesti

Date: Friday 24 Jan 2020

LONDON (ShareCast) - (Sharecast News) - Medical technology firm Smith & Nephew said it had bought California-based Tusker Medical for an undiscosed sum.
Tusker makes ear tubes that can be inserted by doctors under local anaesthetic to treat infections or persistent fluid problems in young children.

These procedures are traditionally performed under general anaesthesia in operating rooms, S&N said on Friday in a statement. Tusker's Tula system enables placement of ear tubes in the physician's office without general anaesthesia for patients six months and older.

S&N said it would fund the purchase from existing cash and debt facilities.

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Smith & Nephew Market Data

Currency UK Pounds
Share Price 978.60p
Change Today 0.045p
% Change 0.46 %
52 Week High 1,207.75
52 Week Low 914.80
Volume 302,620
Shares Issued 896.62m
Market Cap £8,774m

What The Brokers Say

Strong Buy 6
Buy 4
Neutral 6
Sell 0
Strong Sell 1
Total 17
buy
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Trades for 21-Nov-2024

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Smith & Nephew Key Personnel

CEO Deepak Nath
CFO John Rogers

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