Smith & Nephew

From Wikipedia, the free encyclopedia

Smith & Nephew plc
Type Public (LSE: SN.)
Founded 1856
Headquarters London
Key people John Buchanan, Chairman
David Illingworth, CEO
Industry Medical devices
Revenue $3,369 million (2007)
Operating income $493 million (2007)
Net income $316 million (2007)
Website www.smith-nephew.com

Smith & Nephew (LSE: SN.) is a British medical devices company headquartered in London and active internationally. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

Smith & Nephew operates in three market segments:

By market capitalisation, Smith & Nephew is Europe's second-largest medical equipment firm.

[edit] Corporate history

In 1856, Thomas James Smith of Hull, Yorkshire went into business as a dispensing chemist; in 1896, he was joined by his nephew, Horatio Nelson Smith, and the business became known as T.J. Smith and Nephew.

In September 2007, Zimmer, Johnson & Johnson's DePuy Orthopaedics Inc., Smith & Nephew PLC and Biomet Inc. entered the settlement agreements, through which they will pay $300m in total, adopt industry overhauls and corporate monitoring to avoid criminal charges of conspiracy.

Smith & Nephew won Manufacturer of the Year in 2007

[edit] See also

[edit] External links


Languages