Shares of BioMimetic Therapeutics Inc. (NSDQ:BMTI) continued their slide today after plummeting 35.3 percent yesterday to close at $8.66 on news of the FDA’s dim view of its Augment bone graft product.
Mindray Medical International Ltd.
Bovie Medical names new president, shuffles board | Personnel moves
Bovie Medical Corp. (NYSE:BVX) announced a flurry of personnel moves in its corner office and board room.
The company said current president and CEO Andrew Makrides will relinquish his title of president but keep his position as chief executive. J. Robert Saron, the firm’s chief sales and marketing officer, will assume the role of president. Saron formerly served as Bovie’s CEO from 1994 through 1998.
ADP enters health IT market with AdvancedMD takeover | Acquisitions roundup
Human resources service provider Automatic Data Processing Inc. (NSDQ:ADP) jumped into the healthcare information technology market with the acquisition of AdvancedMD.
Salt Lake City-based AdvancedMD is a 200-employee company that provides cloud-based practice management and electronic medical record products. Its services are currently used by about 4,100 practices, according to ADP.
Mindray’s sales, profits see double-digit gains | Earnings roundup
MassDevice keeps a close eye on public medical device companies, tracking their quarterly sales and earnings reports. For the most recent filings, check out our Earnings Roundup, where we collect each quarter’s reports.
Here’s a quick rundown of a few releases over the past couple days: