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News Breaks
March 20, 2014
07:35 EDTBONEBacterin announces publication of OsteoSponge clinical results
Bacterin announced that results utilizing OsteoSponge bone graft for foot and ankle arthrodeses procedures has been published in the peer-reviewed journal Orthopedics. The article reports a prospective analysis of 25 patients who underwent foot and ankle arthrodesis involving 45 total joints. Results indicated that 96% of patients showed radiographic fusion at 6 and 12 months postoperative assessment, with a 97.4% overall fusion rate. Pain was assessed pre and postoperatively via visual analog scale, with statistically significant improvements at 6 and 12 months relative to preoperative pain scores. Functional outcomes were significantly improved at 6 and 12 months compared with preoperative assessment according to American Orthopaedic Foot and Ankle Society scores.
News For BONE From The Last 14 Days
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August 1, 2014
08:38 EDTBONEBacterin 1.1M share Spot Secondary priced at $5.70
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July 31, 2014
16:07 EDTBONEBacterin files to sell common stock and warrants, no amount given
Net proceeds from the offering are expected to be used for working capital and general corporate purposes including the continued expansion of the company's sales force and increasing inventory levels to support anticipated future growth. Northland Securities, Inc. is acting as the sole book-running manager for the offering.
July 23, 2014
07:31 EDTBONEBacterin announces 1 for 10 reverse split of common stock
Bacterin announced that a 1:10 reverse split of its common stock will be effective at the close of business on Friday, July 25 and in effect for trading purposes on Monday, July 28. The reverse stock split was approved by the company's shareholders at the 2014 Annual Shareholder's Meeting held June 11.
July 21, 2014
18:00 EDTBONEBacterin reports preliminary Q2 revenue $8.75M-$8.85M, consensus $8.93M
The company sees preliminary Q2 operating loss ($1.5M)-($1.4M). The company sees preliminary Q2 EBITDA of ($800K)-($900K). Gross margin for Q2 is expected to be 61%-63%.

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