BioMimetic Therapeutics All Financial Data in US $ (mln)
Worldwide
 
Overview
 

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Company Profile

Profile 01 MAR 2013: Wright Medical Group acquired BioMimetic Therapeutics for $380m or $12.97 per share, based on Wright’s closing stock price on 16 NOV 2012.

BioMimetic Therapeutics (BMTI) was a Tennessee based biotechnology company focused on development & marketing of clinically proven products to promote the healing of musculoskeletal injuries & diseases, including therapies for orthopaedic & sports medicine applications.
Listed or Private Company Listed
Company Classification Specialty (Pharma); Biotechnology; MedTech
Country USA
Company Website
Full Company Profile Information

EventAnalyzer - Last Key Event

Closing Price DateClosing Price Date EventAnalyzer Note Market Cap (US $m) Change (%) Change (+$m)
19/11/2012 19 Nov: Wright Medical plans to buy company for $190m in cash and stock, plus an additional $190m if the FDA approves BioMimetic's Augment Bone Graft and if products reach certain sales targets; deal completion due Q1'13. Loewen Ondaatje McCutcheon maintains "buy" rating with a price target of $7.50. 204 74.2% 87

Top 3 Products (Worldwide Sales)

Annual Sales WW - Sales Growth per Year (%)
Rank1 Product Generic Name Therapeutic Subcategory 2010 2011 2011
1 Augment Bone Graft becaplermin; beta-tricalcium phosphate Bone calcium regulators 02 03 n/a
Note: Shaded Cells4

Therapy Area Focus

BioMimetic Therapeutics
2011
 WW Rx & OTC Sales By Therapy Area
  Main Categories
     Musculoskeletal 0
     Other Rx & OTC Pharma 0

EvaluatePharma® Coverage of Marketed and Pipeline Products

Product Count
BioMimetic Therapeutics 5 12

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