Bovie Medical Corp. (BVX) Has Climbed To A New High For The Year

Bovie Medical Corp. (BVX) announced Monday morning that it has agreed to sell its Core business segment and the Bovie brand to Symmetry Surgical Inc. for $97 million in cash.

Bovie Medical gapped up slightly this morning and has continued to rise in early trade. Shares are now up 0.50 at $5.49. The stock has been gaining ground for the past 2 weeks and has set a new high for the year.

For comments and feedback contact: editorial@rttnews.com

Business News

Invest in the Best Pharma Stocks by Subscribing to RTT Biotech Investor.
Follow RTT