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Ventus Medical to Raise $40 Million and List on ASX



4/16/2012 9:11:31 AM

BIOTECH company Ventus Medical, chaired by former OPSM boss Jonathan Pinshaw, has lodged a prospectus to raise $40 million and list on the Australian Securities Exchange.

The US-based medical device company claims its "proven" product can treat sufferers of sleep apnea, a sleeping disorder.

Ventus is asking investors for $3 a share, with expectations the company will list on the ASX by the end of next month.

Read at The Australian


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