Smith & Nephew (NYSE:SNN) today said it acquired Tusker Medical for an undisclosed amount.
Tusker Medical develops the Tula System, which is an in-office ear tube delivery system to treat recurrent or persistent ear infections. The pediatric ear tubes won FDA breakthrough device designation in November last year.
“The Tula System is a truly innovative option for physicians treating incredibly common ear conditions. It is a game-changer when treating children, removing the risk and stress of general anesthesia for patients and caregivers,” president of sports medicine and ENT at Smith & Nephew Brad Cannon said.