Are Top Medtech IPOs Failing? (Lumenis)

Posted in Lasers by Arundhati Parmar on May 20, 2014

Lumenis Ltd. 

Location: Yokneam, Israel

Products: Lumenis makes different laser-based systems for the surgical, aesthetic and vision markets.

Date of IPO: February 26

Offer Price: $12

First Day Close: $12.15

Proceeds Raised: $75 million. 

Here is a video of the Holmium laser from Lumenis that can be used to treat urological conditions such as enlarged prostate: 


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