Amedica Corporation (AMDA) Shares Jump Over 50% on Plans to Present Findings on Company’s Silicon Nitride Ceramics

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Amedica Corporation (NASDAQ:AMDA) shares are trading up big today after the company announced plans to present findings on their silicon nitride composition for medical applications. The company applied with four submissions for presentations at the Orthopaedic Research Society (ORS) Annual Meeting in March, taking place in Orlando, Florida, including:

– Metal Ions Contribute to the Material Instability of Zirconia Toughened Alumina
– Differential Bacterial Expression on Silicon Nitride, PEEK, and Titanium Surfaces
– Do Ceramic Femoral Heads Contribute to Polyethylene Oxidation?
– Differential Effects of Hydrothermal Ageing on the Surface Fracture Toughness of Ceramics

These presentations will help convince investors and medical experts that the company’s proprietary silicon nitride ceramics are going to play a large role within the medical field.

“Our presentations will demonstrate the rationale for using our proprietary silicon nitride composition in a variety of medical applications within the $15 billion surgical spine, dental, hip and knee replacement markets,” said Dr. Sonny Bal, Chairman and CEO of Amedica Corporation. “This scientific data will convincingly demonstrate the serious limitations of other existing biomaterials, while highlighting the advantages of silicon nitride, even as we continue further testing on an improved second generation silicon nitride composition. I’m very proud of our continued innovation and robust science, which will be presented at this important orthopedic forum.”

The stock is up 54.36% or $1.06 following the news, hitting $3.01 per share. About 13.92M shares traded hands or up 2600.58% from the average. AMDA has declined 77.19% since June 23, 2015 and is currently downtrending. It has underperformed the S&P500 by 66.17%.

Amedica Corporation is a commercial biomaterial company. The company has a market cap of $19.14 million. The Firm is a vertically integrated silicon nitride orthopedic medical device maker focused on using its silicon nitride technology platform to develop, manufacture and sell a range of medical devices. It currently has negative earnings. The Firm markets spinal fusion products and are developing products for use in total hip and knee joint replacements.

#focuskw=’Amedica Corporation (NASDAQ:AMDA)’##metadesc=’Amedica Corporation (NASDAQ:AMDA) shares are trading up big today after the company announced plans to present findings on their silicon nitride composition for medical applications. The company applied with four submissions for presentations at the Orthopaedic Research Society (ORS) Annual Meeting in March, taking place in Orlando, Florida, including:

– Metal Ions Contribute to the Material Instability of Zirconia Toughened Alumina
– Differential Bacterial Expression on Silicon Nitride, PEEK, and Titanium Surfaces
– Do Ceramic Femoral Heads Contribute to Polyethylene Oxidation?
– Differential Effects of Hydrothermal Ageing on the Surface Fracture Toughness of Ceramics

These presentations will help convince investors and medical experts that the company’s proprietary silicon nitride ceramics are going to play a large role within the medical field.

“Our presentations will demonstrate the rationale for using our proprietary silicon nitride composition in a variety of medical applications within the $15 billion surgical spine, dental, hip and knee replacement markets,” said Dr. Sonny Bal, Chairman and CEO of Amedica Corporation. “This scientific data will convincingly demonstrate the serious limitations of other existing biomaterials, while highlighting the advantages of silicon nitride, even as we continue further testing on an improved second generation silicon nitride composition. I’m very proud of our continued innovation and robust science, which will be presented at this important orthopedic forum.”

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