Smith & Nephew closed its acquisition of Brainlab, boosting its orthopedic joint replacement business.
What you should know:
1. The Brainlab platform provides surgeons with digital workflow tools.
2. More than 500 hospitals worldwide use the Brainlab platform.
3. Smith & Nephew will begin integrating the Brainlab platform into the next version of its robotic surgery platform, Navio 7.0.
4. Neither party disclosed the financial terms of the transaction.