Smith+Nephew completes acquisition of sports medicine business Integrity Orthopaedics

21 January 2026

Smith+Nephew (LSE: SN, NYSE: SNN), the global medical technology company, announces it has completed the acquisition of Integrity Orthopaedics, a US‑based early‑stage commercial developer of Tendon Seam™, an innovative rotator cuff repair (RCR) system designed to significantly reduce re‑tear rates and improve patient outcomes.

The acquisition supports Smith+Nephew's RISE strategy to accelerate growth through strategic investment and portfolio leadership, and will be an important building block in our ambition to become the global leader in Sports Medicine.

Smith+Nephew acquired Integrity Orthopedics for an initial cash payment of US$225 million plus additional performance-based payments of up to US$225 million over the next five years, as previously disclosed in the signing announcement dated 12 January 2026 which contains further details of the transaction.

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About Smith+Nephew

Smith+Nephew is a portfolio medical technology business focused on the repair, regeneration and replacement of soft and hard tissue. We exist to restore people's bodies and their self-belief by using technology to take the limits off living. We call this purpose 'Life Unlimited'. Our 17,000 employees deliver this mission every day, making a difference to patients' lives through the excellence of our product portfolio, and the invention and application of new technologies across our three global business units of Orthopaedics, Sports Medicine & ENT and Advanced Wound Management.

Founded in Hull, UK, in 1856, we now operate in more than 100 countries, and generated annual sales of $5.8 billion in 2024. Smith+Nephew is a constituent of the FTSE100 (LSE:SN, NYSE:SNN). The terms 'Group' and 'Smith+Nephew' are used to refer to Smith & Nephew plc and its consolidated subsidiaries, unless the context requires otherwise.

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