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Diametrics Medical nets $14mm in IPO

Executive Summary

Diametrics Medical (point-of-care blood gas analysis instrument) has completed its IPO of 2.5 million shares at $6 per share, raising net proceeds of $13,950,000. This is the company's second attempt at an IPO; the first was cancelled in August 1993.
Deal Industry
  • Biotechnology
  • In Vitro Diagnostics
  • In Vitro Diagnostics
    • Chemistry, Immunoassay
Deal Status
  • Final
Deal Type
  • Financing
    • IPO

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