Smith & Nephew plc and Beiersdorf AG have announced the creation of a global joint venture that will combine their traditional woundcare, casting, bandaging and phlebology businesses and have pro forma annual sales in excess of £300m. Smith & Nephew has also agreed to acquire the advanced woundcare business of Beiersdorf for £30m in cash. Read more about Smith & Nephew Forms Joint Venture With Beiersdorf[…]