The Medical Device Business Journal — Medical Device News & Articles | MassDevice
Semprus BioSciences Corp. won a $1 million grant to develop orthopedic devices resistant to biofilm formation for the U.S. Army’s Telemedicine & Advanced Technology Research Center.
Biofilms are the foundation for the most bacterial complications associated with implanted medical devices, according to a Semprus press release.
Merit Medical Systems Inc. (NSDQ:MMSI) shareholders will soon get a 25 percent boost in the number of shares they own in the company after its board approved a 5-for-4 forward stock split, the company said today.
The split, which the company scheduled after market close on May 5, also corresponds to a proportionate reduction in equity and cash value per share. Boards often split their companies’ stock to make shares more affordable.
