UPDATE: BioMimetic Therapeutics (BMTI) Sees Upside on Stronger Volume
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(Updated - June 22, 2012 11:12 AM EDT)
BioMimetic Therapeutics (Nasdaq: BMTI) vlatility is up 8.6 percet as shares run 15 percent higher early on the day.
Shares are getting above their 200-day DMA of $2.67.
This is the highest shares have been since last October.
UPDATE - Shares are moving following positive news Thursday that its Augment Injectable Bone Graft (AIBG) met its primary endpoint of non-inferiority of AIBG to autograft as assessed by CT scan at six months.
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BioMimetic Therapeutics (Nasdaq: BMTI) vlatility is up 8.6 percet as shares run 15 percent higher early on the day.
Shares are getting above their 200-day DMA of $2.67.
This is the highest shares have been since last October.
UPDATE - Shares are moving following positive news Thursday that its Augment Injectable Bone Graft (AIBG) met its primary endpoint of non-inferiority of AIBG to autograft as assessed by CT scan at six months.
For more color, click here.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
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