On Wednesday, Amedica Corporation (NASDAQ:AMDA)’s shares inclined 2.73% to $0.560.
Amedica Corporation (AMDA), a company that develops and commercializes silicon nitride ceramics as a biomaterial platform, declared that responses to the U.S. Food and Drug Administration (“FDA”) inquiries regarding the Company’s cervical composite silicon nitride interbody device were presented to the FDA on June 30, 2015. Additionally, the Company has received feedback from the FDA regarding its wear testing femoral head protocols.
Submission for 510(k) clearance of the Valeo C Interbody with CsC Osteo-Conductive Scaffolding (“Valeo C CsC”), which was presented in the first quarter of 2015, relates to the Company’s CASCADE clinical trial of its composite silicon nitride spinal interbody devices. Since submission, the Company received a list of questions from the FDA requesting additional information pertaining to the product’s clinical performance data, in addition to indications for use and device description. The Company has responded to the questions and now awaits clearance of the Class II medical device for commercial distribution or additional communication from the FDA.
Amedica Corporation, a commercial-stage biomaterial company, develops, manufactures, and sells a range of medical devices based on its silicon nitride technology platform in the United States, Europe, and South America. It offers Valeo silicon nitride interbody spinal fusion devices for use in the cervical and thoracolumbar areas of the spine; and a line of non-silicon nitride spinal fusion products.
Vantiv Inc (NYSE:VNTV)’s shares gained 5.58% to $42.77.
PYMNTS.com, a premier source of news and commentary on innovation in payments and commerce, and Vantiv, Inc. (VNTV), a leading provider of payment processing services and related technology solutions for merchants and financial institutions of all sizes, released recently the first “PYMNTS.com OmniReadi Index powered by Vantiv.” The new Index, which will be released quarterly, is designed to measure the comprising of merchant’s omnichannel strategies – measured by real shopping experiences, to determine if the mobile channel is assisting, hurting or simply neutral to the overall consumer experience.
According to the OmniReadi Index, the average score by each merchant measured on a scale of 1 (low) to 100 (high), was 64. The entertainment and electronics vertical scored among the highest at 70.
Vantiv, Inc., through its partner, Vantiv Holding, LLC. provides payment processing services in the United States. It operates through two segments, Merchant Services and Financial Institution Services. The Merchant Services segment offers merchant acquiring and payment processing services, such as authorization and settlement, customer service, chargeback and retrieval processing, and interchange administration to merchants, and regional and small-to-mid sized businesses.
At the end of Wednesday’s trade, Sanchez Energy Corp (NYSE:SN)‘s shares surged 2.99% to $7.57.
Sanchez Energy Corp (SN) declared the appointment of Jaime Brito as Senior Vice President of Investor Relations, effective June 15, 2015.
Mr. Brito brings more than 20 years of financial and operating experience in the energy sector. Prior to this appointment, Mr. Brito served in various operational roles at Rosetta Resources Inc. counting Forecasting, Regulatory Affairs, GIS Systems and Supply Chain Administration. He has also served in several investor relation positions while at Mariner Energy, Inc. and Halliburton. Mr. Brito earned Bachelor of Science and Master of Science degrees in Civil and Environmental Engineering from Massachusetts Institute of Technology and a Master of Business Administration from Rice University.
Sanchez Energy Corporation, an independent exploration and production company, focuses on the acquisition, exploration, and development of unconventional oil and natural gas resources in the onshore U.S. Gulf Coast. It has about 226,000 net leasehold acres in the oil and condensate, or black oil and volatile oil, windows of the Eagle Ford Shale in South Texas; and about 69,000 net leasehold acres in the Tuscaloosa Marine Shale in Mississippi and Louisiana.
Walgreens Boots Alliance Inc (NASDAQ:WBA), ended its Wednesday’s trading session with 0.37% gain, and closed at $96.58.
Walgreens Boots Alliance, Inc. (Nasdaq: WBA) recently declared financial results for the third quarter and first nine months of fiscal year 2015 that ended 31 May 2015.
Executive Vice Chairman and CEO Stefano Pessina said, “In just six months since the planned combination that formed Walgreens Boots Alliance, we are startning to make progress in our operations, as we were able to deliver another strong quarter. Our Retail Pharmacy USA division produced a solid enhance in comparable prescriptions filled in the quarter, together with improved retail front-end margins and very good cost control. Our other divisions continued to perform as we predictable. Of course, there is more work to be done as we move forward. The fourth quarter is typically the slowest quarter because of seasonality in the business, while prescription reimbursement pressure continues to impact our pharmacies, making retail margin expansion and cost control as important as ever.”
The company also declared recently that its board of directors has named Stefano Pessina as CEO, effective right away. Pessina had been serving as acting CEO since January. In his capacity as CEO, he will continue reporting to Executive Chairman James Skinner.
Walgreens Boots Alliance, Inc., together with its auxiliaries, operates a network of drugstores in the United States. It provides consumer goods and services, pharmacy, and health and wellness services through drugstores, in addition to through mail, and by telephone and online.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.
