Smith & Nephew First Quarter 2012 Results

[Pat Walter]

Smith & Nephew First Quarter 2012 Results

3 May 2012

...Revenue from our global Hip Implant franchise was down -2%. This was largely a result of continuing headwinds in the metal-on-metal total hip replacement sector. Sales of our BIRMINGHAM HIP◊ Resurfacing System (“BHR”) continued to suffer from association, despite its strong track record demonstrated by many independent sources of data which have proved its performance over more than ten years. In traditional total hip implants we generated strong double-digit growth in revenue from products featuring our VERILAST bearing technology. We also launched the POLARCUP◊ Dual Mobility Hip System in the US. This is a proven solution for patients susceptible to dislocation and needing enhanced stability...