Life Is Swede For Medtech IPOs

Published: Jun 23, 2017

It is midsummer's day and Sweden is very hot - in terms of IPOs, at least. Five IPOs have launched on Stockholm-based exchanges today, including two offerings by medtech companies. Bonesupport, which makes bone grafts impregnated with anti-infectives, and Sedana Medical, which makes pumps for delivering anesthetics, have raised $57m and $13m respectively.

"It's a slightly unusual day," says Richard Davies, Bonesupport's chief executive. "There's definitely a sort of liquidity to the market - I can only speak from the healthcare side - that likes these life sciences companies."

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