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There is now a CONTENT FREEZE for Mercury while we switch to a new platform. It began on Friday, March 10 at 6pm and will end on Wednesday, March 15 at noon. No new content can be created during this time, but all material in the system as of the beginning of the freeze will be migrated to the new platform, including users and groups. Functionally the new site is identical to the old one. webteam@gatech.edu
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Atlanta | Posted: September 11, 2009
Summary Sentence:
Petit backing ‘biomaterials’ biz MiMedx
Full Summary:
Having knocked the ball out of the proverbial park with last year’s $900 million sale of Matria Healthcare Inc., Atlanta biotech big shot Parker “Pete” Petit is giving it another shot... this time with a medical implant firm.
Parker H. \"Pete\" PetitAtlanta Business Chronicle - by Urvaksh Karkaria Staff Writer
An inability to stay retired was one reason Parker "Pete" Petit took over the wheel at orthopedic and spine implant maker MiMedx Group Inc. A serial entrepreneur, Petit launched Healthdyne and later ran its subsidiary, Matria Healthcare Inc. Less than a year after selling Matria to Inverness Medical Innovations Inc. for $900 million, Petit is back in the catbird seat.“It seems like I'm not good at retiring,” Petit said late Thursday afternoon. “I missed the interaction with my management teams.” MiMedx is developing biomaterial-based products for use in the musculoskeletal specialties, based on technology from Georgia Tech and the University of South Florida.
