AMDA (Amedica Corp.) Closed Up 68.75% Today! This NASDAQ Stock Has Net A Partnership For Silicon Nitride Sales In China.

AMDA (Amedica, Corp.) Closed Up 68.75% Today!

This NASDAQ Stock Is Growing Fast And Building Global Sales.

It's been quite some time since we've revisited AMDA (Amedica, Corp.) but with today's massive surge to the upside, for a 68.75% gain, we feel that we should bring it back into focus once again! The last time we were talking about AMDA it was over our excitement at having seen it make a steady climb up 268.18% in less than two months in the middle of last year.

Our interest in this one has been a true rarity, due to it being a NASDAQ stock, while we are more prone to lay our focus on companies trading on the OTC but when you have a company trading powerfully, regardless of the exchange, it is always good to bring it into the focus so that we can all take a serious look at it and recognize the strength behind it.

One of the best things about today's move, is that when we previously cited the 268.18% gain, it was trading at $.0.81. And had moved up there from the price point of $0.22. With it now trading at $1.08 it is making a serious push with a beautiful candlestick on the chart, in a potential bid to get to where it was before prior share structure changes. This company is really beginning to impress investors with their steadfastness and drive to make good on the completion of deals.

Amedica's continued drive is seen especially in their recent press release showing that they have net a large partnership deal with Shandong Weigao Orthopedic Device Company Limited ("Weigao Orthopedic"). This is a subsidiary of Shandong Weigao Group Medical Polymer Company Limited (HKSE: 1066) and is “a medical device company in China specializing in the R&D, production and sale of spine, trauma and joint orthopedic implants.” This massive deal means at minimum 50,000 unit sales to occur within the first two years following CFDA clearance and on its own surpasses all of Amedica's silicon sales up until now. This is a massive deal for this quickly growing company and goes to show that even though the share price has gotten rocky in recent history, that they are still working diligently to bring greater value to investors.

Dr. Sonny Bal, Chairman and Chief Executive Officer of Amedica, has stated that this is not only an incredibly large deal for the company but also that it is one that is opening up new doors for them, due to Weigao Orthopedic already being familiar with doing business in China. This will allow them to more aggressively push into the global sales arena. Dr. Sonny Bal went on to say that Asian markets are very receptive to bioceramic implants, which is a large aspect of what allowed this deal to come to fruition.

Read other articles →



November 2034

January 2025

June 2024

February 2024

December 2023

October 2023

September 2023

August 2023

June 2023

February 2023

January 2023

December 2022

November 2022

October 2022

September 2022

June 2022

February 2022

January 2022

July 2021

March 2021

February 2021

January 2021

December 2020

November 2020

October 2020

September 2020

August 2020

July 2020

June 2020

May 2020

April 2020

March 2020

February 2020

January 2020

December 2019

November 2019

October 2019

September 2019

August 2019

July 2019

June 2019

May 2019

April 2019

March 2019

February 2019

January 2019

December 2018

November 2018

October 2018

September 2018

August 2018

July 2018

June 2018

May 2018

April 2018

March 2018

February 2018

January 2018

December 2017

November 2017

October 2017

September 2017

August 2017

July 2017

June 2017

May 2017

April 2017

March 2017

February 2017

January 2017

December 2016

November 2016

September 2016

August 2016

July 2016

June 2016

May 2016

April 2016

March 2016

February 2016

January 2016

December 2015

November 2015

October 2015

September 2015

August 2015

July 2015

June 2015

May 2015

April 2015

March 2015

February 2015

January 2015

December 2014

November 2014

October 2014

September 2014

August 2014

July 2014

June 2014

May 2014

April 2014

March 2014

February 2014

January 2014

December 2013

November 2013

October 2013

September 2013

August 2013

July 2013

June 2013

May 2013

April 2013

March 2013

February 2013

January 2013

December 2012

November 2012

October 2012

September 2012

June 2011

PCI DSS Compliant Stripe Payments GoDaddy Verified GoDaddy SSL Secured Visa MasterCard American Express Discover PayPal accepted