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Inion completes £30mm IPO

Executive Summary

Finnish medical device company Inion Ltd. (biodegradable implants) has netted £30mm ($56.7mm) with its initial public offering of about 25.4mm common shares priced at £1.30 each, near the upper end of the £1.13 to £1.36 range it announced two weeks before the deal closed. The company will trade on the London Stock Exchange.
Deal Industry
  • Biotechnology
  • Medical Devices
  • Medical Devices
    • Biomaterials
    • Implantable Devices
Deal Status
  • Final
Deal Type
  • Financing
    • IPO

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