Wright Medical Group, Inc. Announces FDA Approval for AUGMENT(R) Bone Graft

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Northland Capital Markets Remains Bullish on Wright Medical Group (WMGI) Following AUGMENT FDA Approval

September 2, 2015 9:40 AM EDT

Northland Capital Markets reiterated an Outperform rating and $32.00 price target on Wright Medical (NASDAQ: WMGI) following FDA approval of AUGMENT in hindfoot and ankle fusion with a clean label.

Analyst Mark Landy commented, "Yesterday WMGI announced FDA approval of AUGMENT in... More

Wright Medical (WMGI) Augment Approval Removes Overhang, Leerink Partners Says

September 2, 2015 6:24 AM EDT

Leerink Partners analyst Richard Newitter reiterated an Outperform rating and $31 price target on Wright Medical (NASDAQ: WMGI), saying Augment approval unlocks a key growth catalyst and removes an overhang.

Newitter commented, "We expect WMGI shares to react positively following FDA... More

Wright Medical Group's (WMGI) AUGMENT Bone Graf PMA Receives FDA Approal

September 1, 2015 4:14 PM EDT

Wright Medical Group (NASDAQ: WMGI) announced that its BioMimetic subsidiary has received an approval order from the U.S. Food and Drug Administration (FDA) for its Premarket Approval Application (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.

Robert Palmisano, president and chief executive officer, stated, The FDA approval of AUGMENT marks a capstone... More

Wright Medical Group (WMGI) Reports FDA Approval of AUGMENT Bone Graft

September 1, 2015 4:13 PM EDT

Wright Medical Group, Inc. (NASDAQ: WMGI) today announced that its BioMimetic subsidiary has received an approval order from the U.S. Food and Drug Administration (FDA) for its Premarket Approval Application (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.

Robert Palmisano, president and chief executive officer, stated, The FDA approval of AUGMENT marks a capstone... More