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

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Pre-Open Stock Movers 09/02: (SURG) (VRA) (WMGI) Higher; (RJET) (DGLY) (HTWR) Lower (more...)

September 2, 2015 9:23 AM EDT

A listing of stocks moving in the pre market trading session:

Synergetics USA, Inc. (NASDAQ: SURG) 53% HIGHER; Synergetics USA and Valeant Pharmaceuticals International ("Valeant"), a wholly-owned subsidiary of Valeant Pharmaceuticals International, Inc. (NYSE: VRX), announced that they have entered into a definitive agreement under which Valeant will acquire Synergetics for $6.50 per share in cash. In addition to the upfront cash payment, Synergetics stockholders will receive additional cash payments... More

Augment Approval Provides Catalyst for Wright Medical (WMGI), Brean Capital Says

September 2, 2015 7:26 AM EDT

Brean Capital analyst Jason Wittes reiterated a Buy rating and $38 price target on Wright Medical (NASDAQ: WMGI), saying Augment approval should be a catalyst.

Wittes commented, "After the market close yesterday (September 1, 2015), WMGI reported that its BioMimetic subsidiary had finally received an approval order from... 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