Tag:

IPO

Latest Headlines

Latest Headlines

Bayer homes in on €10B plastics IPO with plans for summer roadshow

Bayer is gearing up to spin off its plastics unit and become a life-sciences-focused company, and as part of that prep, it's going on an investor roadshow to seek feedback on its plans.

Shanghai, Shenzhen IPO halts won't spoil the China healthcare party

In the world of China healthcare companies, the halt to initial public offerings on China's Shanghai and Shenzhen exchanges has not stopped the action in the capital markets.

China's Universal prices IPO at $447M as HKEx shows attraction to healthcare

China's Universal Medical Financial & Technical Advisory Services priced its IPO at $447 million, FinanceAsia reported, showing further the ability of healthcare-focused companies, including biotechs, to raise cash on the Hong Kong Stock Exchange.

ViewRay gets $50M in debt to back MRI-guided radiation therapy after IPO withdrawal

ViewRay has nabbed up to $50 million in debt financing from healthcare investor CRG after canceling a proposed $52 million IPO in April. The cash will go to help commercialize its MRI-guided radiation therapy as well as to refinance existing debt.

South Korea biopharma IPOs highlight demand

Two South Korean firms, Corestem and Kyongbo Pharmaceutical, this week showed solid investor demand for biopharma stocks in the country. 

Biotech fledglings crowd into a still-sizzling market for IPOs

Boulder, CO-based Nivalis Therapeutics rode the hot market for biotech IPOs to a $77 million windfall, banking on a very early-stage cystic fibrosis effort that's looking to ride on the coattails of a new combo therapy from Vertex.

Med techs gather IPO momentum: ConforMIS files for up to $173M, EndoChoice gets set as AirXpander starts in Australia

Med techs are looking to revive public market interest. Several IPOs priced during the first few months of the year--but there's been a lull lately. Custom joint replacement maker ConforMIS is readying an IPO to raise up to $172.5 million, while gastrointestinal endoscopy player EndoChoice has set terms to raise $100 million. Also, Palo Alto, CA-based, breast tissue expansion company AirXpander is starting an IPO to raise A$36.5 million (US $28.3 million) on the Australian Securities Exchange.

EndoChoice files for up to $115M IPO to back its wider-view Fuse endoscopy system

Gastrointestinal endoscopy player EndoChoice has filed with the SEC for a big IPO that's long been rumored to raise up to $115 million. Med tech players have been facing a mixed bag on Wall Street this year, as an uncommon number are making it onto the market but most have faced weak short-term returns. In addition, several med techs have been forced to withdraw proposed offerings as investor demand remains selective.

Belgian molecular Dx player Biocartis raises €100M to advance recent launch of Idylla system

Biocartis has raised €100 million ($109 million) in an IPO that's also managed to trade up in recent days. The company could bring in up to €115 million ($126 million) if the bankers exercise their overallotment. That should be the case, since the IPO was highly oversubscribed--the company said it had more than €650 million ($710 million) in investor demand for the IPO.

Q1 med tech venture dips to lowest since 2013--but med tech IPOs outpace biotech

The venture capital invested in med tech startups dipped below $500 million during the first quarter--for the first time since the fourth quarter of 2013, according to the MoneyTree Report from PricewaterhouseCoopers and the National Venture Capital Association based on data provided by Thomson Reuters.