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Are Medtech IPOs Failing? (conclusion)


Posted in Medical Device Business by Arundhati Parmar on May 23, 2014

Of the top five medical device IPOs of the year, one company's stock price remained flat, which has got to be a disappointing result for an IPO. Another's share price barely rose by 15 cents, while the other two saw share prices drop below the offering price by at least a dollar, a sign of a failed IPO. Only one company - TriVascular Technologies - saw its IPO succeed with a closing stock price on opening day increase by more than a dollar. 

Let's hope other medtech companies that go public in the rest of the year fare better. 

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