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EnteroMedics nets $37.2mm in IPO

Executive Summary

EnteroMedics (devices for obesity and gastrointestinal disorders) netted $40.8mm (including the overallotment) through its initial public offering of 5.49mm shares priced at $8 each, well below its intended range of $14-16. It originally filed for the IPO in May.
Deal Industry
  • Medical Devices
    • Implantable Devices
Deal Status
  • Final
Deal Type
  • Financing
    • IPO

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