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Are Top Medtech IPOs Failing? (Lumenis)
Lumenis Ltd. Location: Yokneam, IsraelProducts: Lumenis makes different laser-based systems for the surgical, aesthetic and vision markets.Date of IPO: February 7Offer Price: $12 millionProceeds Raised: $75 million. The company expected to raise $67 million after deducting offer-related expenses.First Day Return: 1.25%
May 20, 2014
1 Min Read
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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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