Morning Market Movers

BioMimetic Therapeutics BMTI shares advanced 69.40% to $7.03 at 9:45 am. Wright Medical Group WMGI announced its plans to buy BioMimetic Therapeutics in a cash-and-stock deal valued at $190 million. Grupo Casa Saba SAB de CV SAB climbed 33.44% to $4.47. Grupo Casa Saba shares have dropped 64.66% over the past 52 weeks, while the S&P 500 index has gained 13.99% in the same period. Identive Group INVE surged 16.16% to $1.51. Identive Group has been selected as access control standard by a U.S. federal agency within the Department of Homeland Security. Royal Bancshares of Pennsylvania RBPAA surged 15.50% to $1.49. Royal Bancshares of Pennsylvania had $39.45 million in total cash for the latest quarter.