Wright Medical Group Inc. (NASDAQ:WMGI), recently announced that it is implementing a cost restructuring plan to foster growth, enhance profitability and cash flow, and build shareholder value. Wright Medical expects that the initial phase of this plan will be completed during the next nine months, with additional efficiency initiatives to be implemented throughout 2012 and beyond.

Wright Medical Group, Inc., an orthopedic medical device company, engages in the design, manufacture, and marketing of devices and biologic products for the extremity, hip, and knee repair and reconstruction.

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