Dear Andy,
This is some of the information you were seeking. I say some because
there is a vast amount of information on Smith & Nephew and their
Press Office is very efficient at making announcements on their
activities. This has made it difficult to digest and collate. I think
I have answered most of your points and the documents I link to should
provide you with the information and more besides. However, once you
have trawled through the links, do ask for clarification of any part
of the answer if you still require some information.
The Company
===========
Smith & Nephew PLC develop and market advanced medical devices and equipment.
Reuters Business Summary
?Smith & Nephew plc is engaged in the development and marketing of
medical devices in the sectors of orthopaedics, endoscopy and advanced
wound management. The Company's orthopaedic products include
reconstructive joint implants, trauma products and associated clinical
therapies. Its endoscopy business develops and commercializes a range
of endoscopic (minimally invasive surgery) techniques, educational
programs and value-added services for surgeons to treat and repair
soft tissues, articulating joints, spinal discs and vascular
structures. The business focuses principally on the arthroscopy sector
of the endoscopy market. Arthroscopy is the minimally invasive surgery
of joints, in particular, the knee, hip and shoulder. The Company's
advanced wound management business supplies a range of products and
clinical support services for the treatment of chronic and acute skin
wounds.?
http://biz.yahoo.com/p/s/snn.html
The introduction to the company on their web site is a good starting point.
http://www.smith-nephew.com/investors/index.html
Key customers
=============
The three international Business Units each combines sales, training
and R & D. Customers are healthcare institutions / authorities
(including N.H.S.), healthcare professionals , surgeons, clinicians,
nurses.
Wound Management :Advanced treatments for hard to heal wounds
Orthopaedics: Hip & knee implants and trauma products
Endoscopy: Products for minimally invasive surgery
Very detailed information on their range of over 1000 products appear
on this page. Also includes Smith & Nephew?s market share compared
with competitors.
http://www.smith-nephew.com/what/index.html
Key shareholders
================
Major UK Shareholders as of 1st April 2005
AXA Investment Managers UK 5.12%
Legal & General Inv Mgmt 3.42%
Other Directors 0.08%
http://www.hemscott.com/equities/company/share/shr00577.stm
Profiles of board members
=========================
Sir Christopher O?Donnell Executive Director, Chief Executive
[see below]
Dudley G. Eustace Non-Executive Chairman
http://www.smith-nephew.com/who/management-eustace.html
John Buchanan Non-Executive Deputy Chairman
http://www.smith-nephew.com/who/management-buchanan.html
Peter Hooley Executive Director
http://www.smith-nephew.com/who/management-hooley.html
Dr. Pamela J. Kirby Non-Executive Director
http://www.smith-nephew.com/who/management-kirby.html
Warren D. Knowlton Non-Executive Director
http://www.smith-nephew.com/who/management-knowlton.html
Brian Larcombe Non-Executive Director
http://www.smith-nephew.com/who/management-larcombe.html
Richard De Schutter Non-Executive Director
http://www.smith-nephew.com/who/management-schutter.html
Dr. Rolf W. H. Stomberg Non-Executive Director
http://www.smith-nephew.com/who/management-schutter.html
Sir Christopher O?Donnell
=========================
Chief Executive since 1997.
Member of the Institution of Mechanical Engineers.
Chartered Mechanical Engineer.
Honours Degree in Mechanical Engineering from Imperial College London.
MBA from London Business School.
Previously held positions with Davy Ashmore (Steel Plant builders) as
Graduate Mechanical Engineer. In 1972 joined Vickers Medical
Engineering and became Managing Director of Vickers Medical Division
in 1974. In 1979 he joined CR Bard Inc (medical technology firm) as
Area Vice President Europe.
Joined Smith & Nephew in February 1988 as Managing Director of Smith &
Nephew's Medical Division. Appointed a member of the Group Management
Committee in 1991; appointed Board Director in 1992, and Chief
Executive in July 1997.
Non-Executive Director of BOC Group since 2001.
Member of the Leeds University Business Advisory Board
http://www.leeds.ac.uk/lubs/AdvisoryBoard.htm
Member of the Healthcare Industries Task Force (HITF), (Department of
Health Advisory Body) and in particular Working Group 3 - Regulatory
Issues.
?The Regulatory Issues Working Group will look at the regulatory
environment for medical devices and public health in the UK, identify
any issues which would benefit from joint working between Government
and industry, both currently and in light of forthcoming regulatory
developments, and agree a joint approach.?
http://www.advisorybodies.doh.gov.uk/hitf/wg3.htm
http://www.advisorybodies.doh.gov.uk/hitf/membership.htm
Subject co-chaired the first meeting of HITF in 2003.
http://www.advisorybodies.doh.gov.uk/hitf/Meeting1.htm
Brief background press article
http://news.bbc.co.uk/1/hi/health/4018619.stm
Sir Christopher O?Donnell granted a Knighthood in 14th June 2003 for
services to the medical devices industry worldwide.
http://www.gazettes-online.co.uk/download.asp?docid=588112
Additional sources used for compilation of biography
http://www.yorkshirepost.co.uk/ViewArticleMore2.aspx?SectionID=55&ArticleID=533195&Page=1&ReturnUrl=NewsFrontMore.aspx
http://www.paksearch.com/br98/Jan/23/CEOSMITH.htm
In-depth recent interview which he discusses Smith & Nephew?s activities.
http://www.devicelink.com/mx/archive/05/01/cover_x.html
In September 2004, The Times Business Section carried an in-depth
interview of O?Donnell. He remarked ?I spend time with my family, play
some golf and like cycling and walking.? I cannot copy the full
article here for copyright reasons. You will have to download it from
the Times archive. It is worthwhile background reading.
?MON 27 SEP 2004
Pg: 48 Word Count: 1947
Patients and patience pay off for S&N surgeon;The powers in the
boardroom; Interview; Sir Christopher O'Donnell
I spend time with my family, play some golf and like cycling and walking.?
To obtain this article, go to the Times Archive. Type in the search
box ?Christopher O'Donnell? specify the dates 27 Sep 2004 to 28 Sep
2004. It will cost £1 per article but unfortunately it requires a
minimum account payment of £10. It may be worthwhile if you later need
other articles.
http://www.newsint-archive.co.uk/pages/free.asp
The size of their sales force
Source: 2004 Annual Report. No further information available.
?Smith & Nephew had an average of 7,866 full-time equivalent employees
in 2004, of whom 1,679 were located in the UK, 3,437 were located in
the US and 2,750 were located in other countries. The Group does not
employ a
significant number of temporary employees.
The average number of employees for the past three years by business segment:
2004 2003 2002
(numbers)
Orthopaedics . . . . . . . . . 3,123 2,727 2,649
Endoscopy . . . . . . . . . . 1,644 1,635 1,677
Advanced wound management . . 3,099 3,089 2,951
Continuing operations . . . . 7,866 7,451 7,277
Discontinued operations . . . ? ? 229
7,866 7,451 7,506?
http://www.smith-nephew.com/investors/annualreport04/AR04.pdf
Summary of recent financials
============================
This page for highlights of results for the fourth quarter and full
year ended 31 December 2004. Includes comments on sales and their
outlook.
http://www.smith-nephew.com/news/item.jsp?id=238
13 page pdf on these results.
http://www.smith-nephew.com/investors/prelim2004.pdf
Current initiatives, strategies / Finances
==========================================
Fortunately the company have just issued a very comprehensive 2004
Annual Report (161 pages dated March 2005 for year ending 31 December
2004). The first 41 pages contain much of the information you require.
This includes information on their history, operating environment, new
products, recent developments and operating activities, joint ventures
and partners.
http://www.smith-nephew.com/investors/annualreport04/AR04.pdf
Other recent activities.
=======================
Failed bid for Centerpulse.
http://www.bnn-online.co.uk/news_datesearch.asp?SearchDate=10/Aug/2003&Year=2003
http://www.thisismoney.com/20030806/nm66262.html
Product litigation and insurance problems
http://www.tiscali.co.uk/money/guardian/news/2004/12/21/insurerswillnotpayoutforsn.html
http://biz.yahoo.com/pz/041220/69859.html
Recent announcement of an investigation in the US
http://www.games.telegraph.co.uk/money/main.jhtml?xml=/money/2005/04/01/cnsmif01.xml&sSheet=/money/2005/04/01/ixfrontcity.html
This is a good database of news releases for company on particular
products and innovations. Click on the words See Story from
BioSpace.com, to view the article
http://www.biospace.com/news_company.cfm?CompanyID=2696
Suppliers of Raw materials/ IT hardware & software/ Personnel/
==============================================================
Article in The Manufacturer dated January 2005 on their suppliers and
recruitment issues
http://www.themanufacturer.com/uk/detail.html?contents_id=5285
Brief page discussing change of logo for the company with comments by
Sir Christopher.
http://www.identityworks.com/reviews/2003/smith&nephew.htm
Soundbites by any boardmembers or key company officers
======================================================
I regret to say there are far too many to place here. For instance,
these link to various statements by Sir Christopher. Because of sheer
quantity, I did not research the other board members' statements.
"Christopher O'Donnell said"
://www.google.co.uk/search?hl=en&q=%22christopher+O%27Donnell+said%22&btnG=Search&meta=
Chief Executive of Smith & Nephew, said:
://www.google.co.uk/search?hl=en&q=%22Chief+Executive+of+Smith+%26+Nephew%2C+said%22&btnG=Search&meta=
As I stated, go through these and do not hesitate to ask for any clarification.
answerfinder-ga |
Clarification of Answer by
answerfinder-ga
on
05 Apr 2005 02:40 PDT
Andy,
Thank you for clarification and comments. I?m not sure that I can
provide any more meaningful research on your three specific points:
Customers, Suppliers and Business Partners, given they have a range of
over 1000 products with operations in 33 countries and product sales
in 60 countries. If the information is out there, the data will very
extensive and as a result, extremely time consuming to collect,
collate and analyse. I have tried for a couple of hours and the
results below are rather disappointing. If you requested a specific
product: ?who uses, manufactures, supplies HERMES??, that may have
better results. Also, while I accepted this question at the price you
offered, I have expended considerable time already on this research
and I?m afraid that the time required for this type of research would
require a higher list price. You could place these three specific
points as another question and another researcher may be able to
provide the answers for you.
From my experience of researching on the internet, the type of
information that is most readily available and I can personally offer
is regulatory information, financials, shareholders, directors?
profiles, and general overview of the company?s activities. If there
is information on customers, suppliers and business partners, then
obviously I will supply it, but I think that in the case of Smith &
Nephew, the size of their business makes this impracticable.
If you do wish to ask me further questions on other companies, then do
as you did with question, place my name in the subject line and other
researchers will honour your request. If I feel I cannot provide the
answer I will say so immediately.
Suppliers
======
?Smith & Nephew's products require some tight controls, explains
Blythe. The company makes about 40% of its product at a plant in
Florida, another 40% is imported from global headquarters in the U.K.
and the remaining 20% comes from North American suppliers. All of this
inventory converges on Smith & Nephew's outsourced facility in Atlanta
in an ?unreleased? status.?
http://www.logisticstoday.com/sNO/6328/iID/20874/LT/displayStory.asp
?Stealth Medical Technologies, Inc.
Holt, Michigan
Near-net forged titanium for medical implants
Stealth Medical Technologies is a manufacturer and designer of high
performance engine components (10% of sales) and orthopedic implants
(90% of sales). Established in 1992, the company began manufacturing
titanium engine valves for high performance racing cars. In 1993,
Smith & Nephew PLC approached Stealth to manufacture hip implants. In
1994, the company designed a proprietary process called ?near net
forging? using friction screw presses. This process, along with the
expertise in handling titanium and cobalt, has contributed to the
company?s strong growth.?!
http://www.charteroakpartners.com/inside/fund1.html
?March 24, 2005
Indiana-based Symmetry Medical opened its new Memphis facility
Wednesday, beginning what company officials hope is a long-term
investment in the city. The company, which supplies surgical
instruments, implants and cases to medical device manufacturers like
Smith & Nephew, has had sales representatives in the Memphis area for
the last decade.?
http://64.233.183.104/search?q=cache:8bOZbpx22dgJ:www.thecommercialappeal.com/mca/business/article/0,1426,MCA_440_3645799,00.html+%22smith+%26+nephew+%22+suppliers&hl=en
?Smith & Nephew Orthopaedics, a UK (London) and Memphis,
Tennessee-based medical implant manufacturer occupies one of the
fastest growing segments in the whole life science industry. Recently,
the company signed on for Manugistics' end-to-end supply chain
management solution, in order to leverage a burgeoning 30 percent
growth rate. An integrated global supply chain with synchronized
planning and execution will give Smith & Nephew a significant
competitive edge.?
http://209.35.212.232/reader/2003/2003_01/heal0103/heal0103_sb.htm#Anchor-Demand-57989
?The licensing agreement established in 2001 with Smith & Nephew is
the first partnership for NUCRYST Pharmaceuticals. NUCRYST owns all
patents and intellectual property for SILCRYST medical coating and is
the exclusive manufacturer of all Acticoat? products for Smith &
Nephew. Under the agreement, NUCRYST receives royalties and
manufacturing payments and is eligible for up to US $56.5 million in
milestone payments for certain regulatory and sales achievements.
Smith & Nephew has sales representatives world wide, providing global
distribution of Acticoat? antimicrobial barrier dressings with
SILCRYST? nanocrystals. Smith & Nephew initiated a North American
sales campaign in June 2001 and began an aggressive sales campaign in
Europe in the fall of 2001. Acticoat? products are sold in 30
countries and the brand is one of the company's fastest growing. The
partnership has been beneficial for both NUCRYST and Smith & Nephew.?
http://www.nucryst.com/partners_sil.htm
Specific customers
=============
?The suite was designed, constructed and continues to be serviced by
Smith & Nephew Endoscopy, a leading worldwide manufacturer and
developer of technologically advanced endoscopic medical devices, such
as those commonly used by the UPMC orthopaedic sports medicine
surgeons for advanced arthroscopic procedures.? See page for
additional details.
http://newsbureau.upmc.com/Sportsmed/SouthSideOrthopaedicOrs.htm
IT systems
http://www.ipaper.com/Paper/Paper%20Products/IndustryNews.asp?nid=18724
IT systems
http://www.crmadvocate.com/casestudy/noink/NoInk_Smith_020404.pdf
I?m not sure whether these Market Reports would provide the answers
for you. They come at varying costs.
http://www.biz-lib.com/ZEB67362.html
http://www.the-infoshop.com/study/es20335_nephew_medical_devices.html
http://datamonitor-market-research.com/Merchant2/merchant.mvc?Screen=PROD&Product_Code=1545&Category_Code=SmithNephew&Product_Count=0
answerfinder-ga
P.S. I assume you realise that this is a public forum when you are
asking for this information - especially when you comment that you may
be contacting the subjects of the research.
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