Ousted MiMedx founder Pete Petit loses bid to get re-elected to company's board

Ousted MiMedx founder Pete Petit has apparently lost his bid to get re-elected to the board of the troubled Atlanta-based biomedical company. MiMedx Group Inc. (OTC PINK: MDXG) said Monday that a preliminary tally of shareholder votes after the company's annual meeting shows shareholders voted to elect three nominees to the board favored by MiMedx's new management. MiMedx said the preliminary results also indicate shareholders defeated a proposal by Petit to have himself and two other nominees…
Source: bizjournals.com Health Care:Pharmaceuticals headlines - Category: Pharmaceuticals Authors: Source Type: news