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Wright Medical Group Inc. Message Board

  • medsuppliers medsuppliers Aug 21, 2013 2:05 AM Flag

    Sad but true

    A sucessful appeal on the existing PMA labeling would be unprecedented within the CRDH branch of FDA. It's never happened and it won't happen now, especially with what's going on elsewhere in orthopedics (ie, In-fuse and metal/metal hip failures). The Marlins have a better shot at winning the world series this year. My recommendation would be that if an appeal occurs and manages to drive the stock higher, decrease the extent of your current losses and get out. A new trial, approx $5mill and an add'l 3 to 5 years is the only way this product is getting on the market.

    Sentiment: Sell

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