MiMedx(MDXG)

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MiMedx(MDXG) - 2021 Q4 - Earnings Call Transcript
2022-03-01 02:30
MiMedx Group, Inc. (NASDAQ:MDXG) Q4 2021 Earnings Conference Call February 28, 2022 5:00 PM ET Company Participants Jack Howarth - Senior Vice President, Investor Relations Tim Wright - Chief Executive Officer Pete Carlson - Chief Financial Officer Rohit Kashyap - Executive Vice President and Chief Commercial Officer Robert Stein - Executive Vice President, Research and Development Conference Call Participants Carl Byrnes - Northland Capital Markets Swayampakula Ramakanth - H.C. Wainwright John Vandermosten ...
MiMedx(MDXG) - 2021 Q4 - Annual Report
2022-02-27 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________to __________ Commission file number 001-35887 MIMEDX GROUP, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation ...
MiMedx(MDXG) - 2021 Q3 - Earnings Call Transcript
2021-11-03 19:45
Call Start: 08:30 January 1, 0000 9:32 AM ET MiMedx Group, Inc. (NASDAQ:MDXG) Q3 2021 Earnings Conference Call November 3, 2021 08:30 ET Company Participants Alexandra Haden - General Counsel & Secretary Tim Wright - Chief Executive Officer Pete Carlson - Chief Financial Officer Rohit Kashyap - Executive Vice President & Chief Commercial Officer Conference Call Participants Carl Byrnes - Northland Capital Markets Swayampakula Ramakanth - H.C. Wainwright John Vandermosten - Zacks Small Cap Research Eiad Asba ...
MiMedx(MDXG) - 2021 Q3 - Quarterly Report
2021-11-01 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________________to______________________ Commission File Number 001-35887 MIMEDX GROUP, INC. (Exact name of registrant as specified in its charter) Florida 26-2 ...
MiMedx(MDXG) - 2021 Q2 - Earnings Call Transcript
2021-08-04 18:27
MiMedx Group, Inc. (NASDAQ:MDXG) Q2 2021 Earnings Conference Call August 4, 2021 8:30 AM ET Company Participants Jack Howarth - SVP of IR Tim Wright - CEO Pete Carlson - CFO Robert Stein - EVP of R&D Rohit Kashyap - EVP and CCO Conference Call Participants Carl Byrnes - Northland Securities John Vandermosten - Zacks SCR Sean Lee - H.C. Wainwright Eiad Asbahi - Prescience Point Capital Operator Ladies and gentlemen, thank you for standing by. And welcome to MiMedx Second Quarter 2021 Operating and Financial ...
MiMedx(MDXG) - 2021 Q2 - Quarterly Report
2021-08-02 16:00
MIMEDX GROUP, INC. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________________to______________________ Commission File Number 001-35887 Securities registered pursuant to Section 12(b) of the Act: | | | Name o ...
MiMedx(MDXG) - 2021 Q1 - Earnings Call Transcript
2021-04-29 21:30
Financial Data and Key Metrics Changes - MiMedx reported a 4% growth in adjusted net sales for Q1 2021, driven by the Wound Care business, with adjusted net sales reaching $59.7 million, an increase of 4.2% from the previous year [11][45] - Net sales for Q1 2021 were $60.0 million, compared to $61.7 million for the same period in 2020, reflecting a decline due to changes in revenue recognition methodology [44][45] - Gross margin improved slightly to 83.9% in Q1 2021 from 83.8% in Q1 2020 [46] - Net loss increased to $8.4 million in Q1 2021 from a net loss of $4.8 million in Q1 2020 [50] Business Line Data and Key Metrics Changes - The Wound Care business was a significant contributor to the growth, particularly due to the recently launched EpiCord Expandable product [11][12] - Selling, general and administrative expenses decreased by 3.8% to $45.2 million, attributed to lower travel expenses due to COVID-19 restrictions [46] - Research and development expenses increased to $4.3 million in Q1 2021 from $2.8 million in the same period last year, reflecting planned investments in clinical research [47] Market Data and Key Metrics Changes - The company noted that sales of marginized and particulate products represented approximately 14% of net sales for the three months ended March 31, 2021 [53] - The FDA's end of enforcement discretion is expected to impact sales, with the company anticipating adjusted net sales for 2021 to be consistent with the previous year [54] Company Strategy and Development Direction - MiMedx is focused on pipeline acceleration, expanding patient access to wound care products, and advancing its innovative pipeline of musculoskeletal therapies [58] - The company is exploring inorganic growth opportunities but emphasizes a focus on organic growth at this time [41][42] - The addition of Dirk Stevens as Senior Vice President of Quality Assurance and Regulatory Affairs is aimed at enhancing quality standards and regulatory compliance [35][36] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's ability to achieve above-market growth rates despite the challenges posed by the end of enforcement discretion [71] - The company is committed to ensuring patient access to its products and is working with the FDA on expanded access under a cost recovery model [82] - Management highlighted the importance of ongoing dialogue with the FDA and the positive feedback received regarding their compliance efforts [75][86] Other Important Information - The company has completed the final patient visits for its Phase III studies on AmnioFix injectable for plantar fasciitis and Achilles tendonitis, with top-line results expected in the summer [19][22] - MiMedx is planning to file its first Biologics License Application (BLA) in the first half of 2022 for plantar fasciitis [27][75] Q&A Session Summary Question: Clarification on Year-over-Year Sales Decline - The decline in year-over-year sales was due to a change in revenue recognition methodology, not lost contracts [66][68] Question: Mitigation Strategies for Sales Loss - The company is focusing on expanding its sheet products and deploying its medical education team to communicate value propositions effectively [70][71] Question: FDA Approval Requirements for AmnioFix Injectable - Key steps include completing the analysis of the Phase III trial, meeting with the FDA, and ensuring the manufacturing facility meets GMP standards [73][75] Question: Impact of Enforcement Discretion Ending - Sales will continue until May 31, 2021, after which normal sales will stop without an approved BLA [79][81] Question: Market Size for Chronic Cutaneous Ulcers - The market for chronic cutaneous ulcers is expected to be significant, potentially larger than existing markets for diabetic foot ulcers and venous leg ulcers [93][96]
MiMedx(MDXG) - 2021 Q1 - Quarterly Report
2021-04-27 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________________to______________________ Commission File Number 001-35887 MIMEDX GROUP, INC. (Exact name of registrant as specified in its charter) Florida 26-27925 ...
MiMedx Group (MDXG) Presents At H.C. Wainwright Global Life Sciences Virtual Conference - Slideshow
2021-03-17 18:37
| --- | --- | --- | |------------------------------------------------------------|-------------------------------|-------| | | | | | | | | | MiMedx | | | | ADVANCED PLACENTAL SCIENCE March 9-10, 2021 | INNOVATING TREATMENTS THROUGH | | | 2021 H.C. Wainwright & Co. Global Life Sciences Conference | | | IMPORTANT CAUTIONARY STATEMENT This presentation contains forward-looking statements. Actual results may differ materially. Investors are cautioned against placing undue reliance on these statements, All state ...
MiMedx(MDXG) - 2020 Q4 - Earnings Call Transcript
2021-03-09 19:27
MiMedx Group, Inc. (NASDAQ:MDXG) Q4 2020 Earnings Conference Call March 8, 2021 9:30 AM ET Company Participants Jack Howarth - VP of IR and Corporate Communications Tim Wright - CEO Pete Carlson - CFO Robert Stein - EVP, Research & Development Rohit Kashyap - EVP and Chief Commercial Officer Conference Call Participants Sean Kang - H.C. Wainwright John Vandermosten - SIC Zacks Eiad Asbahi - Prescience Point Operator Ladies and gentlemen, thank you for standing by, and welcome to the MiMedx Fourth Quarter 20 ...