Home > Boards > US Listed > Medical - Drugs > Wright Medical Group, Inc. CVR (WMGIZ)

"I am also pleased to report that of

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fredman   Monday, 01/12/15 08:10:32 AM
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"I am also pleased to report that of the two pre-approval facility inspections the FDA indicated were required for final approval of AUGMENT Bone Graft, one has been completed with no 483 observations cited by the inspectors, and the other is in progress. Although final audit reports are still pending, based on the information we have today, final FDA approval for AUGMENT Bone Graft could potentially come as early as late first quarter of 2015"

Source: http://www.sec.gov/Archives/edgar/data/1137861/000113786115000002/wmgi1122015exhibit991press.htm

Company expects $300M market potential in the US and $1B+ market potential in the US for future uses of Augment product line.

Source: http://services.corporate-ir.net/SEC.Enhanced/SecCapsule.aspx?c=129751&fid=9848248 (Page 16)

STRONG BUY, imho.

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