Launch of NPWT products

Smith & Nephew Plc 29 February 2008 FOR IMMEDIATE RELEASE Smith & Nephew launches Negative Pressure Wound Therapy products V1STA* portable and EZCARE* systems - a fresh perspective in NPWT Exciting additions to Smith & Nephew's portfolio will provide doctors and patients more options to realise all the clinical benefits of negative pressure wound therapy (NPWT) while improving performance in cost effectiveness, patient comfort and ease of use February 29, 2008 Smith & Nephew's (LSE: SN; NYSE:SNN) Advanced Wound Management business unit is today launching its Negative Pressure Wound Therapy (NPWT) products as part of its complete portfolio of wound management products, thereby offering proven solutions across the continuum of wound care. With this addition, Smith & Nephew is the first and only wound care company to provide a complete portfolio of advanced wound care solutions including negative pressure wound therapy. The V1STA and EZCARE products, acquired from BlueSky Medical in May 2007, are part of Smith & Nephew's range of customer solutions for hard-to-heal wounds and are the cornerstone of Smith & Nephew's global NPWT business. The NPWT global market is the fastest growing segment of the wound care market, estimated to be worth $1.6 billion in 2008. The launch of these products will allow Smith & Nephew to enter into a rapidly expanding area of the market that grew at an annual rate in excess of 15 percent in the US and 28 percent in non-US markets. NPWT, through the application of sub-atmospheric pressure, can be used to treat chronic wounds such as diabetic ulcers, pressure sores, and post-operative and hard-to-heal wounds more efficiently and effectively than ever before. The addition of NPWT products makes Smith & Nephew the only company to offer a complete portfolio of advanced wound care solutions to help physicians treat a broad range of wounds. Smith & Nephew can now help physicians select the treatment path most appropriate for the unique requirements of each wound. In October 2007 Smith & Nephew announced it had reached an agreement with Universal Hospital Services ('UHS') to bring its NPWT products to the US rental market through UHS, focusing on the US Acute Care market. UHS is a leading medical equipment lifecycle services company, operating through more than 80 offices across the US. UHS's diverse customer base includes more than 3,800 acute care hospitals. The combination of Smith & Nephew's NPWT product portfolio, with the medical equipment management and logistics support of UHS will provide customers with the most efficient access to this advanced wound treatment technology. Joe Woody, President, Advanced Wound Management said, 'Following the acquisition of Blue Sky in 2007, we are very excited to launch our new NPWT franchise, which gives Smith & Nephew the opportunity to offer physicians an additional weapon in their armoury to treat serious wounds. Smith & Nephew now provides wound treatment solutions that can treat the full spectrum of wounds. This is a highly underserved market and we look forward to introducing V1STA and EZCARE to the market in the coming weeks. This product area fits perfectly in our company's portfolio of products all dedicated to improving patients lives.' Robin Carlstein, Senior Vice President - NPWT Strategic Business Unit said, 'We plan to leverage Smith & Nephew's key strengths in attractive market segments in advanced wound management, including NPWT, infection management, foams and surgical Settings. The company will support the global launch of the V1STA and EZCARE products with a comprehensive offering of training and educational services, as well as providing clinical evidence across the global reach, to assist the medical staff in incorporating NPWT into their wound care practices. Today was a great first step in this process as we are meeting with more than 150 physicians, nurses and wound care specialists who will be able to put this exciting technology into practice to help improve quality of life for their patients.' Analyst/investor inquiries: Liz Hewitt Smith & Nephew +44 (0) 20 7960 2256 liz.hewitt@smith-nephew.com Media inquiries: Sidonie Myers Smith & Nephew Advanced Wound Management +44 (0) 1482 673246/+44 (0)7855 431082 sidonie.myers@smith-nephew.com Notes for Editors Smith & Nephew is the first and only wound care company to provide a complete portfolio of advanced wound care solutions including negative pressure wound therapy (NPWT). NPWT is a technology used to treat chronic wounds such as diabetic ulcers, pressure sores, as well as post-operative and hard-to-heal wounds. It aids in the healing of open wounds by the application of sub-atmospheric pressure. Smith & Nephew has now added a range of NPWT products to its advanced wound management portfolio including: EZCARE* - A NPWT system that is designed for simple operation to minimise training requirements and improve efficiency. It has a long battery life, safety alarms, patient lockout and a quiet operation. It also operates at lower vacuum levels enhancing patient comfort and compliance. V1STA* - A NPWT system that is lightweight and easily portable. The device incorporates a range of safety features such as low vacuum alarms for detection of leaks and sensing technology to protect against high vacuum levels. Both NPWT systems are designed to be used with a range of wound sealing dressing kits, and canisters now offered by Smith & Nephew. The EZCARE and V1STA systems involve simple dressing changes that take less nursing time and are easy to learn and teach. Smith & Nephew will officially launch their Negative Pressure Wound Therapy (NPWT) products this weekend to over 150 physicians, nurses and wound care specialists at a conference held in Las Vegas. The event will be chaired by Dr. Mark Chariker, MD, FACS, who developed (with Katherine Jeter, EdD, ET) the pioneering Chariker-Jeter method, which was the first documented use of vacuum dressing in the US and resulted in improving wound healing. About Smith & Nephew Smith & Nephew Advanced Wound Management, is headquartered in the United Kingdom . The organisation has manufacturing centres in the United Kingdom and Largo, FL. Smith & Nephew is a global medical technology business, specialising in Orthopaedic Reconstruction, Orthopaedic Trauma and Clinical Therapies, Endoscopy and Advanced Wound Management products. 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, with whom its name is synonymous with high standards of performance, innovation and trust. The Company operates in 32 countries around the world. Annual sales in 2007 were nearly $3.4 billion. Forward-Looking Statements This press release contains certain 'forward-looking statements' within the meaning of the US Private Securities Litigation Reform Act of 1995. In particular, statements regarding expected revenue growth and trading 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, claims 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 fo regoing. 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. *Trademark of Smith & Nephew. Certain marks registered US Patent and Trademark Office. This information is provided by RNS The company news service from the London Stock Exchange
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