Asante Solutions, which markets a recently-approved insulin pump system with pre-filled cartridges, filed on Friday with the SEC to raise up to $45 million in an initial public offering.
The Sunnyvale, CA-based company, which was founded in 2006 and booked $1 million in sales for the 12 months ended September 30, 2014, plans to list on the NASDAQ under the symbol PUMP. Asante Solutions initially filed confidentially on October 10, 2014. Leerink Partners, Cowen & Company, Wells Fargo Securities and Oppenheimer & Co. are the joint bookrunners on the deal. No pricing terms were disclosed.
