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PEN News

The IPO surge: SurgiQuest files for a $75 million IPO

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SurgiQuest, which markets a medical system that enhances access in laparoscopic surgery, filed on Tuesday with the SEC to raise up to $75 million in an initial public offering. The previous two medical device companies to go public, NovoCure (NVCR) and...read more

US IPO Weekly Recap: Health care goes three for three as IPOs trade up 30%

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When there's trouble in the markets, IPO investors can rely on unprofitable, early-stage health care companies. The IPO market ended its annual end-of-summer lull as ...read more

Strike back against strokes: Penumbra prices upsized IPO above the range at $30

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Penumbra, which markets devices for the treatment of strokes and other vascular conditions, raised $120 million by offering 4.0 million shares at $30. It had originally planned to offer 3.8 million shares at a range of $25 to $28. Penumbra plans to...read more

Week ahead: 3 health care IPOs set to price during the week of September 14

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After three weeks without any deals, the US IPO market is back in session. Three health care companies are each set to raise about $100 million in the week ahead....read more