Tuesday, November 12, 2013

Amedica Files For IPO

Salt Lake City-based medical device developer Amedica has filed for an IPO, saying that it is looking to raise up to $35.0M on the NASDAW Global Market as AMDA. The private equity backed startup's IPO is being underwritten by a sole underwriter, JMP Securities. Amedica develops silicon nitride-based medical devices, including a spinal fusion product and products in development for total hip and knee joint replacements. It's been a long path for the company, which also had filed for an IPO--and then withdrew that IPO--back in 2007.