On Thursday, Shares of MiMedx Group Inc (NASDAQ:MDXG), added 0.10% and now trading at $9.57 in the current trading session. The current trading range of the stock ranges between $9.43 and $.61.
MiMedx Group, Inc. (NASDAQ: MDXG), the leading regenerative medicine and biopharmaceutical company utilizing human placental tissue allografts and patent-protected processes to develop and market advanced products and therapies for multiple sectors of healthcare, declared recently the Company’s participation in the 2017 Symposium on Advances in Wound Care Spring and Wound Healing Society (“2017 SAWC Spring/WHS”) meeting.
The clinical and cost effective healing results of the Company’s dehydrated Human Amnion/Chorion Membrane (dHACM) allografts will be presented via four clinical poster presentations, in-booth education sessions, a breakfast symposium and a dinner presentation at the 2017 SAWC Spring/WHS meeting. The symposium is the leading national wound healing conference and is now in its 30th year. The 2017 SAWC Spring/WHS begins April 5, 2017, and concludes on April 9, 2017. MiMedx will be exhibiting in booth # 605 from April 6, 2017 through April 8, 2017.
Three of the four poster presentations will report on the clinical effectiveness of MiMedx EpiFix dHACM and AmnioFill placental tissue allografts in the healing of diabetic foot ulcers, chronic diabetic lower extremity ulcerated wounds, venous leg ulcers, refractory non-healing wounds, and hard to treat wounds. The fourth poster presentation will report on an exclusive surgical case involving EpiCord, the Company’s new dehydrated human umbilical cord allograft, and its effectiveness in the treatment of a chronic lower extremity ulcer.
MiMedx will also sponsor a Breakfast Symposium entitled, “Addressing Acute, Complex and Chronic Wounds with EpiFix Dehydrated Human Amnion/Chorion Allografts and New Placental Tissue Products” on April 7, 2017 from 7:30am to 9:00am. Physician and study author Matthew Garoufalis, DPM, FASPS, FACFAOM, CWS, will chair the symposium.
Michele Massee, MiMedx Manager of BioMedical Research, will present an overview of published scientific data
Susan Hagen, MD, will present “Complex Case Examples Using EpiFix, EpiCord, and AmnioFill in the Treatment of Pressure Ulcers, Complex Wounds, DFUs/ VLUs”
Mayer Tenenhaus, MD, will present “The Use of dHACM in Burn Treatment and Complex Cases; Overview of Annals of Plastic Surgery Supplement”
Matthew Garoufalis, DPM, FASPS, FACFAOM, CWS, will present “Why, When and How We Can Use EpiFix, AmnioFix, EpiCord, and AmnioFill for Wound Healing and Surgery.”
In-booth education will be offered on April 6 and April 7, 2017 by two prominent physicians:
Stephen Bergquist, MD, will present “Efficacy of EpiFix Allografts in Complex Wounds” on April 6 at 6:30pm and April 7 at 12:30pm.
Brandon Hawkins, DPM, will present “The Benefits of EpiFix, EpiCord and AmnioFill for Advanced Wound Care and Surgical Applications” on April 6 at 7:15pm and April 7 at 1:30pm.
Windy Cole, DPM, will be the speaker at a dinner presentation on April 7 at 8:00 pm that focuses on both wound care and surgical applications of MiMedx dHACM allografts. Dr. Cole’s presentation is entitled “The Use of EpiFix and AmnioFix for Acute and Chronic Wounds.”
The poster presentations chronicling independent case studies and respective conclusions relative to MiMedx dHACM and Cord allografts include:
Abstract: “The Use of Dehydrated Human Amnion/Chorion Membrane and Placental Tissue Allograft in the Treatment of Large Dorsal Wounds of the Foot”
Author: Brandon Hawkins, DPM
Abstract: “The Use of Dehydrated Human Umbilical Cord Allograft in the Treatment of a Chronic Lower Extremity Ulcer: An Exclusive Surgical Case”
Author: Windy Cole, DPM
Abstract: “An Initial Retrospective Quality Control Analysis of Lower Extremity Ulcer Recurrence Post dHACM in a High Risk Veteran Patient Population in Chicago”
Authors: Aamir Mahmood, DPM; Mike Czurylo, DPM; Laith Shaman, DPM; Matthew Garoufalis, DPM, FASPS, FACFAOM, CWS
Abstract: “Highlighting Various Application Methods of dHACM for Wound Healing in a Compromised Urban Veteran Population”
Authors: Laith Shaman, DPM; Aamir Mahmood, DPM; Mike Czurylo, DPM; Patrick Sanchez, DPM; Jake Ruff, DPM; Sarah Park, DPM; Justin Goldsmith, DPM; Andrea Seat, DPM; Anna Tien, DPM; Matthew Garoufalis, DPM, FASPS, FACFAOM, CWS
Parker H. “Pete” Petit, CEO, said, “We are always honored to be a part of the SAWC/WHS meeting. For 30 years, they have been dedicated to continuous advancements in wound care and have worked tirelessly toward their aim of decreasing the number and severity of wounds of all types. We continue to work with SAWC and other organizations to raise the level of scientific and clinical expertise and the professional processes within the wound care sector of healthcare.”
Bill Taylor, President and COO of MiMedx, added, “We are happy that our EpiFix, AmnioFix, EpiCord, AmnioCord, and AmnioFill allografts are so prominently demonstrated at this year’s SAWC. We look forward to another very enlightening and educational symposium.”
Analyst recommendation for this stock stands at 2.30.