Seeking Alpha

CombiMatrix inks deal with FedMed, shares jump

  • CombiMatrix (CBMX) announces a new agreement with the Maryland-based  provider network FedMed (550K physicians, 4K hospitals, 60K ancillary care providers).
  • The deal gives the network's members access to CBMX's "suite of molecular diagnostic solutions and comprehensive clinical support specializing in prenatal, miscarriage and pediatric healthcare."
  • FedMed's provider network is accessible by 40M people.
  • CEO Mark McDonough calls the deal "another validation of [the company's] strategy." (PR)
  • CBMX +17% premarket
Comments (1)
  • tunaman4u2
    , contributor
    Comments (3206) | Send Message
    Time for another offering at 2 bucks !
    23 Dec 2013, 08:11 AM Reply Like
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