MiMedx Group (MDXG) Buy Rating Maintained at Needham

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MiMedx Group (MDXG) Receives Civil Subpoena

December 31, 2014 4:15 PM EST

MiMedx Group (NASDAQ: MDXG) has received a subpoena from the Office of Inspector General ("OIG") of the Department of Health and Human Services ("HHS") in connection with a civil investigation into matters primarily related to the Company's sales and marketing activities.

MiMedx intends to cooperate fully with the government in its investigation, and the Company will attempt to expedite the process. MiMedx has already begun the process of producing the responsive documents. To the Company's knowledge, no proceedings have been initiated at this time. The Company cannot predict whether any proceeding might... More