Smith & Nephew Endoscopy Awarded Contract From Healthtrust Purchasing Group
February 01 2010 - 10:05AM
PR Newswire (US)
ANDOVER, Mass., Feb. 1 /PRNewswire-FirstCall/ -- Smith &
Nephew's (NYSE: SNN); (LSE:SN) Endoscopy Division today announced
that the company has been awarded a three-year contract (effective
February 15, 2010) from HealthTrust Purchasing Group as a supplier
of arthroscopic shaver blades to its membership nationwide. Smith
& Nephew DYONICS(TM) shaver blades are used in hundreds of
thousands of minimally invasive procedures each year to surgically
treat injuries to the joint, such as an ACL tear in the knee or a
frayed rotator cuff in the shoulder. "DYONICS is a well known and
highly regarded brand among orthopaedic surgeons," Todd Usen,
senior vice president, U.S. Business, Smith & Nephew Endoscopy
commented. "We're proud to be contracting with HealthTrust
Purchasing Group to offer its membership a comprehensive solution
for their surgical needs." (TM) Trademark of Smith & Nephew
About HealthTrust Purchasing Group, LP HealthTrust Purchasing
Group, headquartered in Brentwood, Tenn., is a group purchasing
organization that supports nearly 1,400 not-for-profit and
for-profit acute care facilities, as well as ambulatory surgery
centers, physician practices, and alternate care sites. With an
annual purchasing volume by its members of more than $17 billion,
HealthTrust is committed to obtaining the best price for
clinically-recommended products, ensuring their timely delivery and
continuously evaluating and improving its services to the patients,
physicians and clinicians it serves. HealthTrust is located at 155
Franklin Road, Suite 400, Brentwood, TN 37027. The Web site is
http://www.healthtrustpg.com/. About Smith & Nephew Smith &
Nephew is a global medical technology business, specializing in
Orthopaedics, including Reconstruction, Trauma and Clinical
Therapies; Endoscopy and Advanced Wound Management. Smith &
Nephew is a global leader in arthroscopy and advanced wound
management and is one of the leading global orthopaedics companies.
Smith & Nephew is dedicated to helping improve people's lives.
The Company prides itself on the strength of its relationships with
its surgeons and professional healthcare customers. The Company
operates in 32 countries around the world. Annual sales in 2008
were nearly $3.8 billion. Forward-Looking Statements This press
release contains certain "forward-looking statements" within the
meaning of the U.S. Private Securities Litigation Reform Act of
1995. In particular, statements regarding planned growth in our
business and in our operating margins discussed under "Outlook" are
forward-looking statements as are discussions of our product
pipeline. These statements, as well as the phrases "aim", "plan",
"intend", "anticipate", "well-placed", "believe", "estimate",
"expect", "target", "consider" and similar expressions, are
generally intended to identify forward-looking statements. Such
forward-looking statements involve known and unknown risks,
uncertainties and other important factors (including, but not
limited to, the outcome of litigation and regulatory approvals)
that could cause the actual results, performance or achievements of
Smith & Nephew, or industry results, to differ materially from
any future results, performance or achievements expressed or
implied by such forward-looking statements. Please refer to the
documents that Smith & Nephew has filed with the U.S.
Securities and Exchange Commission under the U.S. Securities
Exchange Act of 1934, as amended, including Smith & Nephew's
most recent annual report on Form 20F, for a discussion of certain
of these factors. All forward-looking statements in this press
release are based on information available to Smith & Nephew as
of the date hereof. All written or oral forward-looking statements
attributable to Smith & Nephew or any person acting on behalf
of Smith & Nephew are expressly qualified in their entirety by
the foregoing. Smith & Nephew does not undertake any obligation
to update or revise any forward-looking statement contained herein
to reflect any change in Smith & Nephew's expectation with
regard thereto or any change in events, conditions or circumstances
on which any such statement is based. Contact: Joe Metzger SVP,
Corporate Communications Smith & Nephew Endoscopy (978)
749-1330 DATASOURCE: Smith & Nephew CONTACT: Joe Metzger, SVP,
Corporate Communications, Smith & Nephew Endoscopy,
+1-978-749-1330,
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