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Stock Market & Financial Investment News

News Breaks
February 3, 2014
09:05 EDTARTC, CNMD, SNN, WMGIArthroCare deal favorable for Wright Medical, CONMED, says Summer Street
Summer Street believes the valuation multiple paid for ArthroCare (ARTC) by Smith & Nephew (SNN) is favorable for Wright Medical (WMGI) and CONMED (CNMD). The firm views the deal as low risk for Smith & Nephew and believes it will be accretive to the company's overall growth rate.
News For WMGI;CNMD;ARTC;SNN From The Last 14 Days
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September 1, 2015
18:41 EDTWMGIOn The Fly: After Hours Movers
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16:02 EDTWMGIWright Medical subsidiary receives FDA approval for its PMA for AUGMENT
Wright Medical Group announced that its BioMimetic subsidiary has received an approval order from the FDA for its Premarket Approval Application, or PMA, for AUGMENT Bone Graft. The approval order indicates that FDA determined that AUGMENT Bone Graft is safe and effective as an alternative to autograft for ankle and/or hindfoot fusion indications. Wright can now initiate commercial sale and distribution of AUGMENT Bone Graft in the U.S. The Company continues to anticipate AUGMENT revenue in the U.S. to be in the range of $10M-$12M in the first seven to eight months post-approval.
August 21, 2015
09:01 EDTSNNLeerink medical devices analyst holds an analyst/industry conference call
Medical Device Analyst Newitter, along with MEDACorp Specialists Dorance Dillon and Terence Farrell, discuss the Centers for Medicare & Medicaid Services' recently proposed "Comprehensive Care For Joint Replacement Payment Model" and how this model might influence ortho pricing and hospital-vendor relationships on an Analyst/Industry conference call to be held on August 24 at 1 pm.

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