Medical Device Company Kips Bay Medical Announces IPO Terms  
1/19/2011 8:44:40 AM

Renaissance Capital -- Kips Bay Medical, which is developing vein support technology to be used in coronary artery bypass grafting (CABG) surgery, announced terms for its IPO on Tuesday. The Minneapolis, MN-based company plans to raise $25 million by offering 2.75 million shares at a price range of $8-$10.