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Smith & Nephew co-sponsors annual M2D2 competition

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Smith & Nephew announced it will co-sponsor the 2014 Massachusetts Medical Device Development Center’s New Venture Competition. Designed to showcase innovative ideas coming out of early-stage medical device companies, the nationwide competition will focus on joint reconstruction, sports medicine and trauma.

According to a company press release, the prizes will total $50,000 of in-kind services including facilities, engineering, legal, business and medical device assistance from Smith & Nephew, as well as Nutter McClennen & Fish LLP and the Massachusetts Medical Device Development Center. For the competition, Smith & Nephew identified five areas where innovation will help address current and future needs in orthopedic reconstruction, sports medicine and trauma, included tools which enable procedure simplification; tissue sparing procedures; stabilization of and integration or fixation to bone; novel soft tissue repair; and joint preservation solutions.