Mimedx (MDXG) drops 11.31% on Strong Volume September 14

Equities Staff  |

Today, Mimedx Group Inc Inc’s (NASDAQ: MDXG) stock dropped $0.71, accounting for a 11.31% decrease. Mimedx opened at $6.28 before trading between $6.29 and $5.41 throughout Tuesday’s session. The activity saw Mimedx’s market cap fall to $623,562,280 on 5,803,833 shares -above their 30-day average of 1,364,006.

About Mimedx Group Inc

MiMedx is an industry leader in utilizing birth tissue as a platform for regenerative medicine, developing and distributing placental tissue allografts with patent-protected, proprietary processes for multiple sectors of healthcare. As a pioneer in placental biologics, the cinoany has both a core business, focused on addressing the needs of patients with acute and chronic non-healing wounds, and a promising late-stage pipeline targeted at decreasing pain and improving function for patients with degenerative musculoskeletal conditions. The company derives its products from human placental tissues and process these tissues using its proprietary processing methods, including the PURIONĀ® process. The company employs Current Good Tissue Practices, Current Good Manufacturing Practices, and terminal sterilization to produce its allografts. MiMedx has supplied over two million allografts, through both direct and consignment shipments.

Visit Mimedx Group Inc's profile for more information.

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To get more information on Mimedx Group Inc and to follow the company's latest updates, you can visit the company's profile page here: Mimedx Group Inc's Profile. For more news on the financial markets be sure to visit Equities News. Also, don't forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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