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Fly News Breaks for March 11, 2015
TRNX, WMGI
Mar 11, 2015 | 08:26 EDT
Leerink says yesterday's sooner than expected FDA approval of Tornier's (TRNX) Simpliciti Shoulder System should be viewed positively for Wright Medical (WMGI) ahead of the proposed merger between the two companies. The firm expects Simpliciti to be an important growth driver for the combined organization's upper extremities franchise. It keeps an Outperform rating on Wright.
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