Year in review: 2014 was the year of the medtech IPO
December 10, 2014 by MassDevice staff
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It was, as predicted, the year of the IPO for medical device companies, with 25 filing initial public offerings during 2014, according to a MassDevice.com analysis.
That’s a dramatic change from 2013, when just 4 companies filed for IPOs, according to VentureSource. Read more
Symmetry Medical closes surgical spinout, OEM sale
December 8, 2014 by Mark Hollmer
Tennessee’s Symmetry Surgical is now fully separate from parent Symmetry Medical, capping a spinout process that began in earnest three years ago with a $165 million acquisition from Johnson & Johnson.
Symmetry Surgical is focused on developing surgical instruments. Based in Nashville, it reflects the combination of Symmetry Medical’s old specialty surgical instrumentation division with the former surgical instrument business of Johnson & Johnson subsidiary Codman & Shurtleff. Read more
Inogen affirms 2014 outlook, predicts 2015 growth of up to 25%
December 15, 2014 by Val Kennedy
Inogen today affirmed its guidance for the rest of this year and issued its 2015 financial forecast, saying it expects to post top-line growth of 20% to 25% over 2014.
The respiratory products maker said it still expects adjusted net income of between $5.5 million and $6 million on sales of $106 million to $110 million this year. Read more
