Amedica reduces workforce by 38%

Amedica Provides Business Update (press release)
SALT LAKE CITY, UT — (Marketwired) — 10/06/16 — Amedica Corporation (NASDAQ: AMDA), a biomaterial company that develops and commercializes silicon nitride for biomedical applications, today provided a business update related to its business strategy and certain recent developments.
Briefly, the updates relate to the following items:

New patent directed to a threaded design in ceramic implants;
Participation at the annual International Society for Technology in Arthroplasty; and
Update related to completion of the company’s strategic workforce r...