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SNN

Smith & Nephew

$35.84

0.5 (1.41%)

08:02
02/15/18
02/15
08:02
02/15/18
08:02

Smith & Nephew announces data from ALLEVYN LIFE trial

Smith & Nephew announces the publication of a randomised controlled trial demonstrating that the addition of ALLEVYN LIFE, Smith & Nephew's leading multi-layer silicone adhesive foam dressing, to a standard care protocol significantly reduces the onset of pressure ulcers by 71% in elderly patients admitted to hospital for hip fracture. Published in the International Wound Journal, the RCT charts the experience of 359 fragile hip fracture patients aged 65 or over. These patients were randomly divided into two groups, with some receiving standard care and others receiving standard care with the addition of an ALLEVYN LIFE dressing applied to the sacrum. 15.4% of patients receiving standard care developed a pressure ulcer as opposed to only 4.5% of the group who received the same care with the addition of ALLEVYN LIFE resulting in a 71% reduction in pressure ulcer incidence. This new study adds to the growing body of evidence demonstrating the effectiveness of ALLEVYN LIFE in multi-component pressure ulcer prevention programmes1-5. Prophylactic dressings do not negate the need for thorough and regular skin assessment and should be used as part of a comprehensive pressure ulcer prevention protocol. ALLEVYN LIFE has been designed following observational ethnographic research with patients and clinicians to address unmet needs in wound management. The dressing has a five layer design incorporating a breathable top layer, hydrocellular foam, hyper-absorbent lock away core, masking layer, silicone gel adhesive layer and wide border. ALLEVYN LIFE Sacrum has a unique tail designed specifically for wounds in the sacral area and fits around the cleft, to help overcome common problems such as the dressing tenting.

SNN Smith & Nephew
$35.84

0.5 (1.41%)

03/21/17
03/21/17
UPGRADE
Target $36

Buy
Wright Medical upgraded on increased likelihood of a takeout at Northcoast
As previously reported, Northcoast upgraded Wright Medical (WMGI) to Buy from Neutral with a $36 price target. Analyst David Kaiser said he has been slow to appreciate Wright's competitive advantages in the extremity market and believes a takeout is increasingly likely in 2017. The analyst attended last week's American Academy of Orthopedic Surgeons annual meeting and said multiple private industry contacts told him there is increased speculation in the market about one of the four major joint replacement manufacturers acquiring Wright Medical soon. Kaiser believes Smith & Nephew (SNN) is the most logical acquirer given it has virtually no presence in the extremity market, has a very strong balance sheet, and a clear strategy to shift its business mix to faster-growing areas.
10/11/17
ADAM
10/11/17
INITIATION
Target $42
ADAM
Buy
Smith & Nephew initiated with a Buy at Canaccord
Canaccord analyst Kyle rose initiated Smith & Nephew with a Buy as he believes its broad product portfolio provides a stronger foundation from which the company can realize accelerating top-line growth. He said its recent restructuring has positioned it to focus on commercial execution and operating leverage. Rose has a $42 price target on Smith & Nephew shares.
12/11/17
MSCO
12/11/17
DOWNGRADE
MSCO
Equal Weight
Smith & Nephew downgraded to Equal Weight from Overweight at Morgan Stanley
01/25/18
JPMS
01/25/18
UPGRADE
JPMS
Overweight
Smith & Nephew upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst David Adlington upgraded Smith & Nephew to Overweight and raised his price target for the shares to GBP 14.11 from GBP 13.69.

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