MEMPHIS, Tenn., Oct. 29 /PRNewswire-FirstCall/ — Smith & Nephew’s (NYSE: SNN – News; LSE: SN – News) Orthopaedics business announced today it has made a first-of-its-kind contribution to the Center for Orthopaedic Trauma Advancement (COTA) for fellowship and resident education grants.
Smith & Nephew and COTA entered into a grant administration agreement in September under which COTA will serve as an independent, third-party administrator of funds. Smith & Nephew is providing COTA’s first donation to support research, fellowship and residency programs for orthopaedic surgeons serving the multiply-injured patient.
COTA is the first 501 (c) (3) non-profit corporation exclusively dedicated to funding medical education for surgeons who specialize in orthopaedic trauma patient care. The organization is working to build on Smith & Nephew’s contribution with additional grants from industry, as well as non-profit entities and philanthropic sources.
“We are proud to donate the first funds to COTA as they create an important avenue for the independent selection and distribution of grants,” said Bill Shopoff, president of Smith & Nephew Orthopaedics’ Trauma business. “This agreement reinforces our commitment to training and education for the physicians who deliver life-restoring trauma technology to patients.”