In all likelihood, K2M can now be shopped around to a large pharma conglomerate, or a consortium of investors. TSB wants to know what our readers think?
Monday, June 14, 2010
K2M and Smith & Nephew: Tee 'em High and Let 'em Fly!
After kicking the tires on this stellar company, it seems that Smith & Nephew would rather spend its money on sponsoring golf tournaments (St. Jude Classic) than buying a spinal implant company. For a company that has some mediocre total joints and a formidable IM Nailing platform for trauma (TriGen Nail), this would have been a golden opportunity to buy a company that would have given them instant credibility as a playa in spine. Unfortunately, the powers to be felt that it was too steep of a price to pay. So where does that leave K2M?