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Wright makes Q2 loss as expenses rise

This article was originally published in Clinica

Executive Summary

Wright Medical’s second-quarter sales were in line, but “expenses were high as Wright is incurring the cost burden of being a smaller stand-alone company,” according to Jefferies analyst Raj Denhoy. In June, Wright decided to focus on its extremities business, offloading its OrthoRecon unit to Chinese company MicroPort Medical for $290 million (, 20 June 2013).





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