Smith & Nephew (SNN) Acquires Kalypto Medical; Adds to NPWT Pipeline

May 7, 2012 7:09 AM EDT
Smith & Nephew (NYSE: SNN), announces the closing of the acquisition of privately-held Kalypto Medical, Inc., by its group company Smith & Nephew, Inc., adding to Smith & Nephew's own Negative Pressure Wound Therapy (NPWT) innovation pipeline and intellectual property portfolio.

Kalypto Medical is the manufacturer of the NPD 1000, a portable, ambulatory Negative Pressure Wound Therapy (NPWT) system. Kalypto has invested in NPWT innovation since 2006.

Smith & Nephew is not disclosing terms of this transaction.


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