Medical Device Maker EndoChoice Eyeing $150 Million IPO

Endochoice, a company which produces all manner of medical devices, is planning a NASDAQ IPO for 2015 which it hopes will bring in $100 to $150 Million. The firm merged with Israel’s endoscopic company Peer Medical in 2013.

If all goes according to plan, Endochoice will be left with a valuation of as much as $600 million.

After it merged with Peer medical, Sequoia Capital led a $43 million round of financing in the new company which included investments from Mori Arkin and Dr. Uri Geiger’s Accelmed.

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