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BSN medical was established in April 2001 as a 50:50 joint venture between Beiersdorf AG, Hamburg, and Smith & Nephew plc, London due to complementary geographic and channel strengths in the areas of wound care, fracture management, physiotherapy and compression therapy. Since then, BSN medical has matured as a fully independent global player in the health care market. With four successful acquisitions, BSN further developed global independency and upgraded its portfolio through highly innovative product launches (e.g. Advanced Wound Care) and integrated therapy solutions.