Smith & Nephew

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Smith & Nephew plc.

logo
legal form Public limited company
ISIN GB0009223206
founding 1856
Seat London , UK
management Roland Diggelmann, CEO
Number of employees 17,500
sales 5,138,000,000 USD
Branch Medical technology
Website www.smith-nephew.com
As of December 31, 2019

Smith & Nephew plc , headquartered in London, is a listed medical technology group with around 16,000 employees in 100 countries and a turnover of 4.9 billion US dollars (2018).

activities

The company divisions include:

  • Medical wound care for difficult injuries
  • Endoscopy: products for minimally invasive surgery
  • Orthopedics: hip and knee implants
  • Traumatology: Screws and plates (angle-stable & polyaxial) for osteosynthesis, as well as nail systems for supplying long bones.

The portfolio also includes fixator systems for the acute treatment of fractures and the TSF (hexapod fixator) for correcting deformities and differences in leg length.

Presence in Germany and Switzerland

The group has had a production facility in Tuttlingen since 1986 , in which 190 employees manufacture system-related implants and instruments. In 2007, Smith & Nephew acquired the Swiss Plus Orthopedics AG, founded in 1991 in Risch in the canton of Zug with production facilities in Rotkreuz and Aarau, and the US company BlueSky Medical, making it the fourth largest medical technology company in Europe. The German branch for the distribution of orthopedic products is located in the North Rhine-Westphalian city of Marl . Around 270 people are employed at the Marl location west of Frentrop . Distribution for endoscopy is carried out from Hamburg . The Wound Management division is located in the Bahrenfeld district. The logistics distribution for wound care is carried out by the medical logistics service provider Movianto .

history

After studying pharmacy, Thomas James Smith founded a small pharmacy in Kingston upon Hull in the county of Yorkshire in 1856 , in which, in addition to pharmaceutical products, dressing materials were offered, an important part of the company's product portfolio to this day. Since Smith never married and remained childless, his nephew Horatio Nelson Smith joined the company in 1896 and the company was renamed TJ Smith + Nephew . TJ Smith passed away that same year. From then on, Horatio Smith continued to run the company with his brother Thomas B. Smith under the name Smith & Nephew .

In 1914 the company had around 1,200 employees. During the First World War it supplied the armies of Great Britain, France, Belgium, Serbia, the USA and the Red Cross. Between 1920 and 1955 offices were established in Canada, New Zealand and the USA.

1958 Southhalls (Birmingham) and Artur Berton Ltd. acquired, Horatio Nelson Smith died in 1960. In 1962, Temple Place 2 in London became the headquarters of the management. In the following years branches were set up in Spain, Mexico, Thailand, Malaysia, France, Belgium, the Netherlands, Italy, Finland, Sweden and Norway.

In 1986 the two US companies Dyonics in Andover near Boston and the Richards Medical Company in Memphis in the state of Tennessee were taken over. Richards was founded in 1934 by Don Richards to manufacture traumatological products such as plates, screws, nails and staples. In 1977 a production facility for orthopedic implants and instruments was established in Tuttlingen.

In 1998 the company was restructured to focus on the three core areas of wound care, endoscopy and orthopedics.

In 2012, several cases of corruption became known affecting locations in the US and Germany. Smith & Nephew had bribed doctors in Greece for years. The company was fined $ 22 million and was under supervision for 18 months.

Web links

Individual evidence

  1. ↑ a b Annual Report 2019 , accessed on May 12, 2020.
  2. ↑ Smith & Nephew buys Plus Orthopedics. In: NZZ , March 12, 2007.
  3. ^ Smith & Nephew to Acquire BlueSky Medical. In: MD + DI , May 1, 2007.
  4. ^ Location Marl. ( Memento of the original from December 27, 2015 in the Internet Archive ) Info: The @1@ 2Template: Webachiv / IABot / www.smith-nephew.de archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. smith-nephew.de
  5. ↑ a b c Our History. smith-nephew.com
  6. ^ Smith & Nephew during World War 1. smith-nephew.com
  7. ^ Medical Device Company Smith & Nephew Resolves Foreign Corrupt Practices Act Investigation. Department of Justice, Office of Public Affairs, February 6, 2012.
  8. ↑ Smith & Nephew Reaches $ 22 million settlement. The FCPA Blog, February 6, 2012.