Welcome to our dedicated page for MiMedx Group news (Ticker: MDXG), a resource for investors and traders seeking the latest updates and insights on MiMedx Group stock.
MiMedx Group, Inc. (NASDAQ: MDXG) is a pioneer in the field of advanced wound care and therapeutic biologics. The company specializes in developing and distributing human placental tissue allografts utilizing patent-protected processes. With a cornerstone methodology known as the PURION® Process, MiMedx ensures the production of high-quality allografts via aseptic processing techniques and terminal sterilization.
Having supplied over two million allografts through direct and consignment shipments, MiMedx is a trusted name in the healthcare sector. The company’s product range includes EpiFix for external use and AmnioFix for internal applications, alongside other innovative products such as AmnioCord, AmnioFill, EpiBurn, and EpiCord. Additionally, MiMedx markets allografts for ophthalmic surgery and dental applications through third-party licenses.
MiMedx is dedicated to transforming wound care in sectors like burn treatment, surgical procedures, sports medicine, and orthopedics. By combining its extensive portfolio with strategic initiatives, such as its recent exclusive partnership with Regenity for a 510(k) cleared, bovine-derived collagen matrix, the company aims to enhance its competitive edge and expand its market reach.
Financially, MiMedx has shown impressive growth. For 2023, the company reported net sales of $321 million, reflecting a 20% increase from the previous year. Strategically, new credit facilities have been secured to bolster financial flexibility. The company expects low double-digit net sales growth for 2024 and an adjusted EBITDA margin exceeding 20%.
Despite facing regulatory challenges, such as the FDA’s stance on the AXIOFILL product, MiMedx continues to thrive. The company is actively engaging with the FDA while maintaining the product in the market. This resilience underscores MiMedx’s commitment to compliance and innovation in providing safe and effective products.
The company’s vision is to be the leading global provider of healing solutions through relentless innovation, aiming to restore quality of life for patients. For more information, visit www.mimedx.com.
MiMedx Group, Inc. (Nasdaq: MDXG) announced it will report its financial results for the fourth quarter and full year ended December 31, 2020, after market close on March 8, 2021. A conference call and webcast will be held on March 9, 2021, at 9:30 AM ET with key executives discussing the results. MiMedx specializes in advanced wound care and therapeutic biologics, focusing on the development of human placental tissue allografts. They have distributed over two million allografts using their proprietary PURION process.
MiMedx Group (Nasdaq: MDXG) announced that CEO Timothy R. Wright and CFO Peter M. Carlson will participate in a fireside chat at the BTIG Virtual MedTech, Digital Health, Life Science & Diagnostic Tools Conference on February 17, 2021, at 3:30 PM ET. A live webcast of the event will be accessible via the Company's website and the conference site. A replay will be available for 90 days post-event. MiMedx specializes in advanced wound care and therapeutic biologics, developing human placental tissue allografts using patented processes.
MiMedx Group (Nasdaq: MDXG) announces CEO Timothy R. Wright and CFO Peter M. Carlson will present at the 39th Annual J.P. Morgan Healthcare Conference on January 13 at 4:30 PM EST. Institutional investors wishing to connect with management can contact their J.P. Morgan representatives.
Interested parties can access the live webcast on the company's website, with a replay available for 30 days post-presentation. MiMedx specializes in advanced wound care, providing over two million allografts using its proprietary PURION® process.
MARIETTA, Ga., Jan. 4, 2021 – MiMedx Group (Nasdaq: MDXG) announced that CEO Timothy R. Wright and EVP Dr. Robert Stein will participate in a fireside chat at the H.C. Wainwright BioConnect 2021 Virtual Conference from January 11-14, 2021. The chat will be pre-recorded and available on MiMedx's Investors webpage starting January 11 at 6:00 AM ET, accessible for 90 days. MiMedx is a leader in advanced wound care and therapeutic biologics, specializing in human placental tissue allografts using its proprietary PURION® process.
Prescience Point Capital Management has raised the price target for MiMedx Group Inc. (MDXG) to $31 per share. Prescience, a major shareholder with 6.5% ownership, highlights its analysis of the Amniofix injectable product currently in Phase 2b trials for knee osteoarthritis and Phase 3 for plantar fasciitis. Findings suggest Amniofix could be a revolutionary treatment, with potential for billions in annual sales. The firm anticipates FDA approval for knee OA and other indications, indicating substantial undervalue in current share prices.
MARIETTA, Ga., Dec. 07, 2020 - MiMedx Group, Inc. (Nasdaq: MDXG) will present at the 39th Annual J.P. Morgan Healthcare Conference on January 13, 2021, at 4:30 PM EST. The company, known for its advanced wound care solutions, invites institutional investors to connect with management through J.P. Morgan representatives. A live webcast can be accessed on the company's website, with a replay available post-presentation. MiMedx specializes in human placental tissue allografts and has supplied over two million allografts using its proprietary processes.
MiMedx Group, Inc. (NASDAQ: MDXG) has appointed Jack Howarth as Senior Vice President of Investor Relations. With 25 years in public relations and financial communications, plus 40 years in the medical sector, Howarth aims to enhance the company’s visibility within the financial community. CEO Timothy R. Wright emphasized the need for effective communications as MiMedx seeks to expand its market leadership in advanced wound care. Howarth previously held significant roles in various pharmaceutical firms, including Antares Pharmaceuticals and King Pharmaceuticals.
MiMedx Group has announced that CEO Timothy R. Wright and CFO Peter M. Carlson will present at the Piper Sandler 32nd Annual Virtual Healthcare Conference happening from December 1-3, 2020. A pre-recorded presentation will be available on the company's website starting November 25, 2020, at 5:00 PM Eastern Time, and will be accessible for 45 days. MiMedx specializes in advanced wound care and therapeutic biologics, particularly using PURION technology to produce human placental tissue allografts, having supplied over 2 million allografts to date.
MiMedx Group, a leader in advanced wound care, announced its virtual 2020 Annual Meeting of Shareholders to be held on November 20, 2020, at 10:00 a.m. Eastern Time. CEO Timothy R. Wright, alongside other senior executives, will present company updates, including commercial and R&D initiatives. Shareholders must log in 15 minutes early to participate via the virtual platform. The definitive proxy statement has been filed with the SEC, and shareholders can access it through the SEC’s website or MiMedx's website.
MiMedx Group, a leader in advanced wound care, announced its upcoming presentation at the Canaccord Genuity Virtual MedTech & Diagnostics Forum on November 19, 2020, at 9:30 AM ET. CEO Timothy R. Wright and CFO Peter M. Carlson will represent the company. A live webcast will be available on the company’s website. This forum highlights MiMedx's commitment to innovation in therapeutic biologics, specifically in human placental tissue allografts, which have exceeded two million shipments to date.
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