Basel Medical Group, which operates two medical clinics in Singapore, filed on Friday with the SEC to raise up to $6 million in an initial public offering.
The company, through its two medical clinics in Singapore, provides a range of general and subspecialized orthopedic, trauma and sports medicine services such as knee/hip replacements, sports medicine/surgery, spine surgery, foot/ankle surgery and minimally invasive orthopedic procedures, as well as neurosurgical treatments. The company employs five medical practitioners, comprising four orthopedic specialists and one neurosurgery specialist. Its clinical services provided include consultation, medical diagnosis and medical or surgical treatments for orthopedic, trauma, sports medicine and neurosurgical conditions. It performs a variety of procedures and minor surgical services on site.
The Singapore-based company was founded in 2001 and plans to list on the Nasdaq under the symbol BMGL. Cathay Securities is the sole bookrunner on the deal. No pricing terms were disclosed.
