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Smith & Nephew completes acquisition of tissue regeneration developer

Smith & Nephew PLC completed the acquisition of Rotation Medical Inc.

Smith & Nephew acquired the privately held tissue regeneration technology company for $125 million and could pay up to a further $85 million if certain financial goals are met over the next five years.

Rotation Medical's rotator cuff system, intended to enhance the body's natural healing response, will be sold through Smith & Nephew's larger sports medicine sales force and the integrated Rotation Medical sales team.