Focus is now on medical device IPOs. The pharma and biotech sectors continue to be strong. The medical device sector is the new hot trend with early medical device companies filing IPO.
Sectors : Orthopedic& Spine, Obesity and Diabetes, cardiovascular, opthalmology and some diagnostics.
Biomet filed in March
GiDynamics public on Australian StockEx
Lombard, Cardiovasular device maker filed in April 2014
Presbia a lens maker from Irvine, in April 2014
Trivasuclar from Ca.
The first Q of 2014 is starting to show indications of pre-revenue and even early stage companies planning to go IPO.
Other publicly traded companies like:
Urologix (ULGX), EDAP, Inspire MD
(NSPR), Insulet Corp (PODD) are worth to obeserve.
It appears more early stage medical device companies will be exploring to go public.
Irvine, Ca and So California has become hub for medical device makers in the ophthalmology, obesity, cardiovascular, spine/orhto technologies
It seems private and institutional investors are starting to explore investment opportunities in the region, contemplating more healthcare investor conferences . VCs exploring opening offices in addition to their Bay area offices to take advantage of the emerging trend.
Allergan(AGN) Mosimo, Endologix, Applied Medical, Edwards life sciences, Medtronic, AMO, Alcon, J&J have divisions in Irvine Ca.
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