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January 9, 2014
08:48 EDTWMGIWright Medical should report better than expected Q4 results, says Needham
Needham expects Wright Medical to report stronger than expected Q4 results, driven by strong sales of its foot and ankle products. The firm keeps a Buy rating on the shares.
News For WMGI From The Last 14 Days
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September 30, 2015
11:48 EDTWMGIFTC requires divestitures as condition of Wright Medical, Tornier merger
Wright Medical Group (WMGI) and Tornier (TRNX) have agreed to sell Tornier's U.S. rights and assets related to its total ankle replacements and total silastic toe joint replacements to resolve Federal Trade Commission charges that the proposed $3.3B merger would illegally reduce competition for these devices, the FTC announced. Under the proposed settlement, Wright and Tornier will divest the rights and assets to these devices to Integra Lifesciences (IART) and provide Integra with intellectual property, manufacturing technology, and existing inventory, as well as other assets and assistance to ensure that Integra can effectively compete in the markets. The proposed order also requires Wright and Tornier to supply Integra with total ankle replacements for up to three years and total silastic toe joint replacements for up to a year, while Integra transitions to become an independent competitor in these markets.
September 23, 2015
07:53 EDTWMGIUBS medical supplies & devices analyst holds an analyst/industry conference call
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